Bureau of Business Research
Date of this Version
5-26-2021
Document Type
Article
Citation
Copyright 2021 Eric Thompson, UNL Bureau of Business Research
Abstract
The LEI-N rose by 1.96% during April 2021. The leading indicator rose due to strong business expectations, increased manufacturing activity, and growing airline passenger counts. Respondents to the April Survey of Nebraska Business reported plans to increase sales and employment over the next six months. The value of the U.S. dollar also fell during April, improving prospects for Nebraska businesses that compete in international markets. The composite LEI-N has risen during each of the last seven months, suggesting that the Nebraska economy will expand at a robust pace through the second half of 2021.
Comments
Prepared by the UNL College of Business, Bureau of Business Research