Economic Prospects Improving for Rural America

Broad economic prospects for rural America may be looking up for the first time in years, even in the face of inflation and the risk of recession, the Wall Street Journal reports.

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rural road
(AgWeb)

Broad economic prospects for rural America may be looking up for the first time in years, even in the face of inflation and the risk of recession, the Wall Street Journal reports. Small communities have long lagged far behind big cities in job creation and income growth. But since the pandemic, many are seeing an infusion of remote workers drawn by lower costs, laid-back lifestyles and natural beauty — and less crime and other urban challenges. Their presence has helped spur hiring, income gains and home-price growth in rural towns. The question now is whether these transplants are there to stay.

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