(NAFB) USDA’s annual Rural America at a Glance Report series usually contains a specific topic of focus, along with traditional offerings about population, income, and economics.
Tracey Farrigan, a research geographer with the Economic Research Service, says for this year’s edition, debt-to-income in rural areas was studied, which she pointed out is another measure associated with buying power, similar to income itself.
She looked at what the rural debt-to-income trend over the two-plus decades indicates.
Cut #1 :13 OC…”to income.”
That trend is opposite in urban areas, which is a positive thing for rural America.
Cut #2 :29 OC…”19 pandemic.”
Again, that was Tracey Farrigan with ERS.
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Audio provided by Glenn Vaagen, PNW Ag Network, Pasco, Washington
Audio with Tracey Farrigan, a research geographer with the Economic Research Service
