Bureau of Business Research
Date of this Version
8-22-2018
Document Type
Article
Citation
Prepared by the UNL College of Business, Bureau of Business Research
Abstract
The Leading Economic Indicator – Nebraska (LEI-N) 1 was flat during July of 2018, rising by just 0.05%. A flat value for the LEI-N, which is designed to predict economic activity six months into the future, suggests that Nebraska economic growth will slow significantly at the end of 2018 and the beginning of 2019. Business expectations were a positive component of the leading indicator. Respondents to the July Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. However, a rising U.S. dollar and a drop in building permits for single-family homes will limit growth.
Comments
Copyright 2018 Eric Thompson, UNL Bureau of Business Research