Rural Growth Slows Down

Mark Henry, Mark Drabenstott and Lynn Gibson

Rural America/ Rural Development Perspectives, 1987, vol. 03, issue 3

Abstract: Rural America is again undergoing difficult and sometimes painful economic change. After a decade of growth, rural income, population, and overall economic activity have stalled and are again lagging behind urban trends. Most important, the rural slowdown seems to be caused by factors other than the normal ups and downs in the business cycle: factors like deregulation of banking and transportation, international competition, and financial problems in U.S. agriculture. The only nonmetro counties that continued robust income growth since 1979 have been those depending on retirement, government, and trade (about a third of all rural counties).

Keywords: Community/Rural/Urban Development; Financial Economics (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersra:310440

DOI: 10.22004/ag.econ.310440

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