Bureau of Business Research
Date of this Version
4-20-2017
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 1.00% during March of 2017. This increase followed rapid increases in both January and February. Taken together, the three increases suggest that economic growth will be strong in Nebraska during the second half of 2017. Among the components of the indicator, business expectations were strong during March. The value of the U.S. dollar also fell during March, which is a positive sign for Nebraska’s export-oriented businesses, particularly in agriculture and manufacturing. In addition, manufacturing hours increased during March.
Comments
Copyright 2017 Eric Thompson