A mixed economic outlook.
A mixed economic outlook.
Transcript
While fourth quarter GDP recorded surprising growth, economic data suggests this is an economy that lacks direction.
The Mid-America Business Conditions Index found that tariffs have reduced the value of goods being imported into Mid-America states, but retaliatory tariffs by trading partners has also reduced the value of goods being exported by the states in the survey.
Tariffs on imported goods are paid by importers and American consumers.
The Mid-America Business Conditions Index remains below growth neutral for the fourth time in the past five months despite climbing 2 points to 49.6.
With GDP growth driven by huge investments in IT, AI and data center buildouts, the rest of the economy is lagging.
Ernie Goss, Creighton University: “Hiring was not good. We are hiring index for the employment gauge was at 47.2. Now that was up from December's 44.0 but still not good. It's still below growth neutral for ten straight months that has been below growth neutral. The national number likewise is we're mimicking the national number, which has also been below growth neutral for most of 2025. The theme here is we're creating output GDP but we're not creating a lot of jobs.”
Additionally, a predicted $4 billion dollar drop in 2026 net farm income from 2025 is limiting the economic outlook for many parts of rural America.
For Market to Market, I’m Peter Tubbs.
Watch More
Prices in the cattle complex — both high and low — get the attention of the Justice Department. One U.S. state grows 99% of the nation’s hazelnuts. It hasn't been easy. And, commodity market analysis with Kristi Van Ahn - Kjeseth.
The Department of Justice held a press conference this week to announce its launch of an investigation into the top four meatpackers over possible antitrust violations.
As the planters roll so does the Market Analysis with Kristi Van Ahn-Kjeseth on cold weather, fertilizer prices and trade talks.
Three big stories for next week are leading Kristi Van Ahn-Kjeseth in our Market Plus - China, acres and weather.
The Farm Bill clears the House with an unknown future. The Supreme Court takes up the issue of cancer warnings for RoundUp. Extremes in weather from tornadoes to rain to wildfires hit across the country. And, commodity market analysis with Arlan Suderman.
Cotton, Hormuz Straight, inflation, energies, the Mexican border closure, drought and the Fed's balance sheet are all topics covered in our Market Plus.