Bureau of Business Research
Date of this Version
10-27-2021
Document Type
Article
Citation
Copyright 2021 Eric Thompson, UNL Bureau of Business Research
Abstract
The LEI-N fell by 0.91% during September 2021. The decline in the leading indicator, which is designed to predict economic activity six months in the future, suggests that economic growth will slow significantly in Nebraska during the first quarter of 2022. While business expectations remained solid, other components of the leading indicator worsened. Manufacturing hours worked, airline passenger counts, and building permits for single-family homes all declined. There also was an increase in initial claims for unemployment insurance during the month.
Comments
Prepared by the UNL College of Business, Bureau of Business Research