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Economic Resurgence in the Rural Economy

January 01, 2005

The article from the Main Street Economist states that the rural economy broke free from the reins of recession in 2004 with an especially strong performance in the farm sector. Net farm income easily surpassed the record high of 2003. The weakness that plagued the nonfarm rural economy in recent years appears to have been replaced with stronger job growth and higher incomes.

http://www.kc.frb.org/RuralCenter/mainstreet/MSE_0105.pdf