Bureau of Business Research


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Copyright 2022 Eric Thompson, UNL Bureau of Business Research


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


The LEI-N rose by 0.34% in September 2022, after a small decline in July and August. The leading indicator is designed to predict economic growth six months in the future. A flat value for the indicator over the last three months signals a stagnant economy in Nebraska at the end of 2022 and the beginning of 2023. Three components of the leading indicator improved during September. There was an increase in hours worked in the manufacturing industry. There was also a decline in initial claims for unemployment insurance and respondents to the September Survey of Nebraska Business reported plans to increase employment over the next six months. One headwind for the Nebraska economy is a rising U.S. Dollar. The value of the dollar rose in September, creating challenges for Nebraska businesses that compete in international markets.