A rural rebound in 2010
AbstractIn 2010, rural America was at the forefront of the economic recovery. As sluggish job growth reined in the U.S. economy, rural firms harnessed stronger global commodity demand and raced ahead of their metro peers. In fact, rural job growth sped up in the second half of the year with jobs stretching 2 percent above year-ago levels in the third quarter, outpacing metro gains. In addition, rising exports of farm commodities and manufactured goods spurred job and income gains in rural communities, fueling optimism for economic prospects in 2011.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Kansas City in its journal Main Street Economist.
Volume (Year): (2010)
Issue (Month): 5 ()
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