Creighton University’s Rural Mainstreet Index for Kansas was 54.9 in March, down slightly from 55.5 in February.
The RMI, which ranges from 0 to 100, is based on a monthly survey of rural bankers in 10 Midwest states. Components of the survey include farmland prices, home and retail sales and hiring.
The RMI for the 10-state region was 59.6 in March, unchanged from February.
In Kansas, the farmland price index climbed to 74.9 from 68.6. Also higher was the new hiring index, which rose to 63.7.
Kansas bankers, however, remain cautious about the economy. “The economy is still not on solid footing,” said Dale Bradley, CEO of the Citizens State Bank in Miltonvale, in a release.