Bureau of Business Research

 

Date of this Version

11-1996

Citation

Business in Nebraska vol. 52 no. 615

Comments

Copyright 1996 by Bureau of Business Research, University of Nebraska.

Abstract

While the nation's economy is expected to grow slowly over the next two years, Nebraska's economic health will remain vigorous. The confluence of strong agricultural income and overall strength in Nebraska's nonfarm economy will yield solid advances in employment as well as rapid growth in income and sales. Employment Gobs) will advance 1.8 percent in both 1997 and 1998. Nonfarm personal income will advance 6.7 percent in 1997 and 5.4 percent in 1998. Net taxable retail sales will advance 6.7 percent in 1997 and 6.0 percent in 1998 (Figure 1, Tables 1 and 2). The only concern is whether all employers will be able to recruit enough new workers.

Nebraska's Agricultural Economy

Nonfarm Employment

Nonfarm Personal Income

Net Taxable Retail Sales

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