Bureau of Business Research

 

Date of this Version

10-24-2018

Document Type

Article

Citation

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

Comments

Copyright 2018 Eric Thompson, UNL Bureau of Business Research

Abstract

The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.35% during September of 2018. The decline in the LEI-N, which is designed to predict economic activity six months into the future, suggests that Nebraska economic growth will slow in the coming months. Initial claims for unemployment insurance rose in Nebraska during September, while building permits for single-family and airline passenger counts both declined. Business expectations were a bright spot for the Nebraska economy. Respondents to the September Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. Manufacturing hours-worked also rose during September.

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