Bureau of Business Research
Date of this Version
9-6-2019
Document Type
Article
Citation
Nebraska Business and Consumer Confidence Indexes: September 6, 2019 Prepared by the UNL College of Business, Bureau of Business Research Author: Dr. Eric Thompson
Abstract
Consumer confidence rebounded in Nebraska during August 2019 while business confidence declined. The Consumer Confidence Index – Nebraska (CCI-N) rose to 105.8 in August, above the neutral value of 100 and the July value of 101.2. The Business Confidence Index – Nebraska (BCI-N) fell to 108.4 in August, which is well above the neutral level but down from a value of 112.0 in July. When asked about the most important issue facing their business, 30 percent of respondents chose customer demand while 26 mentioned the quality and availability of labor and 19 percent mentioned competition from other businesses. Forty-seven percent of responding households listed a cost factor as their top financial concern, including taxes, health care costs, the general cost of living and major expenses (furniture, appliances, automobiles). Eight percent listed financial market performance. This is a much higher share than during previous months.