Rising costs concern rural Nebraskans

By Scout Nelson

The 2024 Nebraska Rural Poll has shed light on the prevalent economic anxieties among rural Nebraskans. According to the survey, eight out of ten respondents express concern about their household's cost of living. This concern extends to household income and personal finances, particularly among lower income groups.

Brad Lubben, a Nebraska Extension policy specialist, notes the growing pessimism among rural residents about their economic prospects. This sentiment is largely attributed to rising consumer prices and higher inflation rates in recent years, which have escalated living costs and fueled economic insecurity.

The poll also explores attitudes toward trade policy, revealing that most rural Nebraskans—55%—view international trade as beneficial for Nebraska's economy. However, regional differences are apparent, with only 36% of Panhandle residents feeling positive about trade compared to 66% in the north-central region. Although trade is generally seen as favorable for the state’s economy, fewer residents believe it aids in job creation.

Becky Vogt, the manager of the Rural Poll, points out the mixed feelings about trade's personal impact. While 40% think trade improves their standard of living, only 35% believe it benefits their job or business. Agricultural workers, however, are more optimistic, with 67% appreciating trade for the advantages it offers their businesses.

When considering U.S. trade policy, protecting American jobs is deemed very important by 60% of the participants. Other key factors include creating new export opportunities and reducing consumer prices, viewed as crucial by over half of the respondents.

The complexities of trade, as Lubben explains, offer both opportunities and challenges. While it can expand access to a global array of goods, potentially lowering costs and increasing choices for consumers, it also presents competitive pressures for local producers.

Community leaders, policymakers, and the public are invited to delve deeper into these issues at an upcoming webinar hosted by Rural Prosperity Nebraska. The event aims to further discuss the economic challenges and trade policy insights gleaned from the poll.

The Nebraska Rural Poll, conducted annually, gathers opinions from rural households across the state, helping to inform and shape policy discussions relevant to their lives and communities.

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