Bureau of Business Research
Date of this Version
5-24-2017
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 fell by 0.88% during April of 2017. The decline followed three months of rapid increase in January through March, implying a moderation in the outlook for the Nebraska economy in late 2017. Among the components of the indicator, business expectations were strong during April while the value of the U.S. dollar fell, which is a positive sign for Nebraska’s export-oriented businesses. However, manufacturing hours, building permits and airline passenger counts all declined during April, while initial claims for unemployment insurance rose.
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Comments
Copyright 2017 Eric Thompson, UNL Bureau of Business Research