4451 Outlook

Economic Outlook: August 9, 2019

Aug 9, 2019  | Ep4451

Many in rural America remain optimistic about their future even as the amount of trade with the now former top U.S. export market remains in question. --

Last month, the Purdue/CME Ag Barometer moved sharply higher as 78 percent of those responding believe the trade dispute with China will be resolved in agriculture’s favor.

The cost of doing business for those supplying rural America rose 0.2 percent in July as gasoline prices climbed higher.

When the volatile food and energy sectors are removed, Core PPI fell 0.1 percent.

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