Economic index jumps for Midwest, Western states
OMAHA, Neb. – An index of economic conditions in 10 Midwest and Western states jumped this month after three months of drought-induced doldrums.
According to a report released Thursday, the overall Rural Mainstreet index rose to 56.6 for October from 48.3 in September. It was the first time since June that the index rose above growth neutral 50.
Survey organizers have said that any score above 50 on the 100-point scale suggests the economy will grow in the months ahead.
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