Bureau of Business Research
Date of this Version
Spring 3-2019
Citation
Business in Nebraska, Volume 73, No. 724, March 2019
Abstract
The producer services sector, which includes professional and technical services such as accounting, engineering, computer programming, advertising and consulting, is the fastest growing, high-wage segment of the U.S. economy. Producer services employment grew by 15 percent nationwide from 2008 through 2017 but only by 5 percent in Nebraska. Nebraska growth lagged the nation in part because the state has smaller metropolitan areas. Producer service businesses tend to congregate in larger cities. To grasp more opportunities in this growing, high wage sector, Nebraska needs to train more workers in STEM occupations, encourage the development of small businesses in the sector, and continue to improve the state's quality of life.
Included in
Economic Theory Commons, Growth and Development Commons, Labor Economics Commons, Other Economics Commons, Regional Economics Commons
Comments
Copyright 2019 University of Nebraska, Bureau of Business Research