Bureau of Business Research
Date of this Version
9-26-2018
Document Type
Article
Citation
Prepared by the UNL College of Business, Bureau of Business Research
Abstract
The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.00% during August of 2018. Solid growth in the LEI-N, which is designed to predict economic activity six months into the future, suggests that Nebraska economic growth will be solid during the first few months of 2019. Business expectations were a positive component of the leading indicator. Respondents to the August Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. There also was an improvement in manufacturing hours and airline passenger counts, while initial claims for unemployment insurance dropped.
Comments
Copyright 2018 Eric Thompson, UNL Bureau of Business Research