Farm families face tough outlook for 1986
A two part UW extension report warns farm families will struggle as economics worsen. Despite 88 percent not in severe stress, off farm work rises especially among women, while high debt, rising prices, and a strong dollar threaten incomes and rural tax bases across Corn Belt, Lake States, and Northern Plains regions.
MENTIONED IN THIS ARTICLE
Karen Goebel
USDA
Wisconsin
Corn Belt
Lake States
Northern Plains
Ms. Scholl
U.S. Department of Commerce
Families face slower gains as economy shifts says USDA economist
USDA economist Colien Hefferan told the Agricultural Outlook conference that stability hides risks for many families as growth concentrates in services and among adult women. She warns that single earner households face greater insecurity, inflation remains a pressure, and rising costs of services like health care strain budgets while savers face modest gains and slower geographic mobility.
MENTIONED IN THIS ARTICLE
America
USDA
Colien Hefferan
Agricultural Outlook
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