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 0.64% during November of 2017. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests that Nebraska economic growth will continue through the second quarter of 2018. The increase in the indicator was due to an increase in building permits for single-family homes. There also were positive business expectations during the month. In particular, respondents to the November Survey of Nebraska Business reported plans to increase sales and employment in the coming months. In terms of negative components, there was a rise in initial claims for unemployment insurance on a seasonally-adjusted basis. There also was an increase in the value of the U.S. dollar in November. A higher dollar is challenging for Nebraska exporters.