Right before the recent mid-term elections, nationwide polls showed that the economy and inflation were some of the top issues voters were considering. High inflation rates impact household budgets and the bottom line of businesses. Given this, what do rural Nebraskans expect will happen in the economy in the next 12 months? What employment decisions are they currently making?
The 2022 Nebraska Rural Poll asked respondents in May and June about their perceptions of the economy and employment considerations. Overall, most rural Nebraskans are pessimistic about the economy in the next year. Almost nine in 10 think the following will become worse or much worse during the next 12 months: inflation (87%), gasoline or diesel fuel prices (87%), grocery prices (86%), and interest rates (85%). In fact, at least four in 10 rural Nebraskans believe the following items will become much worse: gasoline or diesel fuel prices (47%), inflation (44%), grocery prices (43%), and healthcare costs (40%).
To learn more about the results of this poll, read this article on the Center for Agricultural Profitability.