Bureau of Business Research
Date of this Version
2-17-2017
Document Type
Article
Citation
Prepared by the UNL College of Business Administration, Bureau of Business Research
Abstract
The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.97% during January of 2017. The rapid increase in the LEI-N, which predicts economic activity six months in the future, reversed a drop in the indicator during November and December of 2016. The increase during January suggests that growth will improve in Nebraska in the second half of 2017. Business expectations, building permits and manufacturing hours all improved during January. There also an a decline in initial claims for unemployment insurance in January following a sharp increase during December. The value of the U.S. dollar was steady during January, a positive sign for Nebraska’s export-oriented economy.
Comments
Copyright 2016 Eric Thompson