Impact of the Present and Future Energy Situation on Rural Economic Growth and Development

EMD-78-79: Published: Jul 18, 1978. Publicly Released: Jul 18, 1978.

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A review of the effect of the energy situation on rural areas indicated that energy changes since 1973 have not derailed nonmetropolitan economic growth. Analysis of the 1967 to 1972 period and of the 1972 to 1975 years showed rapid growth in nonmetropolitan areas, with growth accelerated during the latter three years. Barring extreme, and at this time unforeseeable, events, there was no reason to believe that the energy future will put nonmetropolitan areas at a disadvantage compared with metropolitan areas.

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