3rd Quarter 1997 Nebraska Business Conditions Survey Results Show: Nebraska Businesses Keep the Economy Growing and Prospering

Authors

Charles Lamphear, Bureau of Business Research (BBR)

Date of this Version

1-1998

Citation

Business in Nebraska vol. 53, no. 623

Comments

Copyright 1998 by Bureau of Business Research, University of Nebraska.

Abstract

Nebraska Quarterly Business Conditions Survey (NQBCS) 3^rd quarter results ind icate that the state's economy continues to do well in both metro and non metro counties. But, progress is being hampered by labor shortages, especially by the lack of qualified applicants for a relatively high number of job openings, across the state.

Forty-two percent of the businesses reporting in the 3^rd quarter 1997 business conditions survey indicated gains in 3^rd quarter revenues over 2^nd quarter revenues, equaling the percent reported a year ago for 3^rd quarter gains. The 3^rd quarter 1996 survey was the first quarterly survey conducted in Nebraska. Since the inauguration of the NQBCS in October 1996, the percent of businesses reporting quarterly gains in revenues has remained virtually unchanged.

Revenues

Job Creation and Replacement Hires

Wages

Unfilled Positions

The Melnlng of the Unemployment Rate