Bureau of Business Research
Date of this Version
2-20-2019
Document Type
Article
Citation
Copyright 2019 Eric Thompson, UNL Bureau of Business Research
Abstract
The Leading Economic Indicator – Nebraska (LEI-N) rose by 1.00% during January of 2019. The increase in the LEI-N, which is designed to predict economic activity six months into the future, implies solid economic growth in Nebraska into the third quarter of 2019. Strong business expectations were the primary reason for the increase in the leading indicator. Respondents to the January Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. The value of the U.S. dollar also dropped in January for the first time in a year, providing relief for Nebraska businesses which export.
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Comments
Prepared by the UNL College of Business, Bureau of Business Research