Date of this Version
Copyright 2019 Eric Thompson, UNL Bureau of Business Research
The Leading Economic Indicator – Nebraska (LEI-N) rose by 1.21% during March of 2019. The increase in the LEI-N, which is designed to predict economic activity six months into the future, implies moderate economic growth in Nebraska through the fall of 2019. Strong business expectations were again the primary reason for the increase in the leading indicator. Respondents to the March Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. There also was growth in manufacturing hours-worked and a drop in initial claims for unemployment insurance during March 2019.