Bureau of Business Research
Date of this Version
12-21-2021
Document Type
Article
Citation
Copyright 2021 Eric Thompson, UNL Bureau of Business Research
Abstract
The LEI-N rose by 0.96% during November 2021. The increase in the leading indicator, which is designed to predict economic activity six months in the future, signals moderate economic growth in Nebraska during the second quarter of 2022. There were positive business expectations in November and an increase in manufacturing hours-worked and building permits for single-family homes. There also was a decline in initial claims for unemployment insurance. However, there was another increase in the value of the U.S. dollar during November. A higher dollar is challenging for Nebraska businesses that compete in international markets.
Comments
Prepared by the UNL College of Business, Bureau of Business Research