State's Business Climate Remains Healthy

Authors

Charles Lamphear, Bureau of Business Research

Date of this Version

6-1998

Citation

Business in Nebraska vol. 53, no. 631

Comments

Copyright 1998 by Bureau of Business Research, University of Nebraska.

Abstract

Nearly 43 percent of all the businesses that participated in the latest Nebraska Quarterly Business Conditions Survey (NQBCS) indicated an increase in 1^st quarter 1998 revenues over year-ago levels (Table 1). Finance, Insurance, and Real Estate (FIRE) led all industry groups, with 57 percent reporting an increase in 1^st quarter revenues over year-ago levels. The lowest proportion of firms in an industry group reporting an increase was other at 32 percent. The other category includes construction, mining, and agricultural services, fisheries, and forestry. Of these three industries, mining had the lowest incidence of firms with increases, with 20 percent reporting 1^st quarter 1998 revenues ahead of year -ago levels. Thirty-seven percent of the respondents for construction reported revenue gains for 1^st quarter 1998 over year-ago levels. Table1 also compares 1^st quarter 1998 revenues with 4^th quarter 1997 revenues. Much of the variation shown in Table 1 between 1^st quarter 1998 revenues and 4^th quarter 1997 revenues is due to seasonal factors.