Bureau of Business Research
Date of this Version
3-1-2019
Document Type
Article
Citation
Copyright 2019 Eric Thompson, UNL Bureau of Business Research
Abstract
Consumer and business confidence remained strong in Nebraska during February 2019. The Consumer Confidence Index – Nebraska (CCI-N) stood at 103.2 in February, above the neutral value of 100 and just below the value of 104.0 in January 2019. The Business Confidence Index – Nebraska (BCI-N) stood at 108.2 in February, well above the neutral level and up from 107.4 in January. When asked about the most important issue facing their business, 29 percent of respondents chose customer demand while 27 mentioned the quality and availability of labor and 13 percent mentioned competition from other businesses. Fifty-three percent of responding households listed a cost factor as their top financial concern, including taxes, health care costs, the general cost of living and major expenses (furniture, appliances, automobiles). Twenty-eight percent reported that their primary financial issue was either saving or paying off debt.
Comments
Prepared by the UNL College of Business, Bureau of Business Research