Date of this Version
Business in Nebraska vol. 54, no. 638
The latest Nebraska Quarterly Business Conditions Survey (NQBCS) for 4th quarter 1998 shows that the percent of businesses reporting revenue gains over year-ago levels was down from comparable 3rd quarter survey results. The percent of businesses that expect 1st quarter 1999 revenues to exceed 1st quarter 1998 levels was down even more. An increasing number of businesses, especially those located in the state's non-metro regions, are seeing little or no growth in business revenues, and they expect this situation to continue through at least 1st quarter 1999. But, the percent of respondents statewide that reported an actual decline in business revenues for 4th quarter compared to year ago levels remained virtually unchanged. In short, the latest survey results indicate a moderate slowdown, not a downturn, in the state's economy that is mostly limited to the non-metro regions, at present. The state's economy should continue to grow, but at a slower rate.