Are Farmer Bankruptcies A Good Indicator of Rural Financial Stress?

Farmer bankruptcies often are viewed as an important measure of rural economic well-being and of the success or failure of various Federal agricultural and rural policies. But the level of farmer bankruptcies is not a good indicator of rural financial health. Bankruptcies are only a subset of all farm business exits and a lagging indicator of economic stress. They do not reflect overall economic conditions in most rural areas because farming is a relatively small part of rural economic activity.


Issue Date:
1996
Publication Type:
Report
PURL Identifier:
http://purl.umn.edu/33675
Total Pages:
4
Series Statement:
Agriculture Information Bulletin No. 724-06; Issues in Agricultural and Rural Finance




 Record created 2017-04-01, last modified 2017-08-25

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