Manufacturing and ag sectors struggling to grow in the Midwest, according to two economic surveys

June 26, 2025, 1:15 p.m. ·

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(Photo by Caleb Woods on Unsplash)

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The manufacturing and agriculture sectors are struggling to grow, according to two surveys in the Midwest.

Farm equipment sales sit below the growth indicator, or growth neutral, for the 21st straight month, according to a rural economic survey through Creighton University. That means sales sit below the ideal mark of steady growth.

More than two-thirds of surveyed bankers said low ag commodity prices are the biggest threat to farmers. Nearly one-quarter said higher tariffs are the leading risk.

Tariffs are also hurting the manufacturing industry by pushing input costs up, according to a survey of supply chain managers. One supply manager said, "tariffs are being used as a means to increase prices regardless of whether they are applicable or not."

Manufacturing employment stands below growth neutral as well.