Bureau of Business Research
Date of this Version
6-1-2018
Document Type
Article
Citation
Copyright 2018 Eric Thompson, UNL Bureau of Business Research
Abstract
Consumer and business confidence fell in Nebraska during May 2018. The Consumer Confidence Index – Nebraska (CCI-N) fell to 101.3 in May from a value of 104.3 in April. Consumer confidence is now close to the neutral value of 100.0. The Business Confidence Index – Nebraska (BCI-N) fell to 102.4 in May from 104.8 In April. When asked about the most important issue facing their business, customer demand was mentioned by 36 percent of respondents, while the availability and quality of labor was mentioned as the most important issue by 21 percent. Households reported a variety of financial concerns with 43 percent choosing the cost of living including health care costs, taxes, major expenses (furniture, appliances, automobiles) and the general cost of living. Twenty-nine percent reported that their primary financial issue was either paying off debt or saving and 11 percent indicated that their top concern was with their level of income or wages.
Comments
Prepared by the UNL College of Business, Bureau of Business Research