Date of this Version
Prepared by the UNL College of Business, Bureau of Business Research
The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 0.88% during March of 2018. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the Nebraska economy will grow steadily through the summer of 2018. Strong business expectations, rising manufacturing hours and rising air passenger enplanements were the reasons for the LEI-N increase. Respondents to the March Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. Initial claims for unemployment insurance changed little during March but there was a decline in building permits for single-family homes. For the second consecutive month there was a small increase in the value of the U.S. dollar, which raises competitive pressure for Nebraska exporters.