Bureau of Business Research
Date of this Version
7-28-2021
Document Type
Article
Citation
Copyright 2021 Eric Thompson, UNL Bureau of Business Research
Abstract
The LEI-N rose by 1.17% during June 2021, the ninth consecutive monthly increase. Steady improvement in the leading indicator implies that economic growth will be strong in Nebraska during the second half of 2021. Three components of the leading indicator rose during June. Business expectations, airline passenger counts, and initial claims for unemployment insurance all showed improvement. Specifically, respondents to the June Survey of Nebraska Business reported plans to increase sales and employment in the state over the next six months. Airline passenger enplanements rose sharply as the industry moved closer to pre-pandemic levels of activity. Initial claims for unemployment insurance fell during June.
Comments
Prepared by the UNL College of Business, Bureau of Business Research