ST. LOUIS ― The Federal Reserve Bank of St. Louis released a new book which seeks to help rural communities navigate the challenges and opportunities they face to reach a future in which economic prosperity is a reality.
Investing in Rural Prosperity addresses recent structural changes to the economy and long-term challenges, which have left many U.S. rural communities looking for a path toward prosperity.
“Many communities across rural America are at a crossroads for what steps to take to foster sustainable success,” said Daniel Paul Davis, vice president and community affairs officer at the Federal Reserve Bank of St. Louis. “This book offers community members, funders and other decision makers a glimpse into where rural communities find themselves today and examples of how engaged leaders are putting a framework for rural prosperity into action.”
An accompanying podcast episode from the St. Louis Fed, Economic Equity: Rural Prosperity in Focus, features a conversation with two of the book’s editors: Davis and Andrew Dumont, senior community development analyst at the Board of Governors of the Federal Reserve.