Bureau of Business Research


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Prepared by the UNL College of Business, Bureau of Business Research


Copyright 2018 Eric Thompson, UNL Bureau of Business Research


The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.03% during February of 2018. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the Nebraska economy will grow steadily through the third quarter of 2018. Solid business expectations and a strong labor market were the primary reasons for the increase in the LEI-N. Respondents to the February Survey of Nebraska Business reported plans to increase sales and employment at their businesses over the next six months. Further, there was a decline in initial claims for unemployment insurance during February, which is a positive sign for the labor market. In terms of negative components, there was a small increase in the value of the U.S. dollar, which increases competitive pressure for Nebraska exporters.