Date of this Version
Business in Nebraska vol. 55, no. 647b
The Lincoln MSA (Lancaster County) led all regions with percent of businesses reporting 4th quarter 1999 revenues over year ago. Statewide, only 39 percent of all respondents reported increases in 4th quarter revenues over year ago. Lincoln's 4th quarter rate of 52 percent was nearly equal to the region 's 1999 quarterly average of 51 percent, but slightly ahead of its longer-term (three-year) trend of 48 percent. Only 20 percent of the Lincoln MSA respondents reported a decline in 4th quarter revenues. The remaining 28 percent reported no change in 4th quarter revenues from year ago.
The 4th quarter survey is the latest Nebraska Quarterly Business Conditions Survey (NQBCS). The NQBCS is a joint venture between the Nebraska Departments of Economic Development and Labor, and BBR. The NQBCS is a leading indicator of changes in business activity, job hires, and labor shortages. The latest survey covers nearly 1,300 nonfarm, private sector businesses with a combined employment of approximately 84,000 workers. Nearly all the businesses included in the survey employ at least 10 workers. Regional summaries for the 4th quarter 1999 survey are available on the web sites listed at the end of this article where regional definitions also are provided.