Bureau of Business Research
Date of this Version
2-23-2022
Document Type
Article
Citation
Copyright 2022 Eric Thompson, UNL Bureau of Business Research
Abstract
The LEI-N rose by 0.58% during January 2022. The increase in the leading indicator, which is designed to predict economic activity six months in the future, signals moderate economic growth in Nebraska through the summer of 2022. The indicator improved for three primary reasons. There were positive business expectations in January according to respondents to the monthly Survey of Nebraska Business. Initial claims for unemployment insurance also fell during the month as a sign of strength for the labor market. The value of the U.S. dollar also fell, which is helpful for Nebraska businesses that compete in international markets.
Comments
Prepared by the UNL College of Business, Bureau of Business Research