As we enter the next millennium, the economy continues to be very healthy. Unemployment rates across the country remain at near record lows.
Inflation is under control.
1999 was a very good year for automotive sales, and although there could be a softening of this market over the next 12 months, it is expected to be very minor. Most other industries also continue to be strong. However, not everyone is enjoying the financial benefits of continued economic growth. The impact of the global economy is having a major effect on the farm industry. Due to increased production of farm products worldwide, commodity prices for corn, wheat and soy beans remain at the lowest levels in years.