Bureau of Business Research
Date of this Version
1-22-2020
Document Type
Article
Citation
Copyright 2020 Eric Thompson, UNL Bureau of Business Research
Abstract
The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.10% during December of 2019. The increase in the LEI-N, which is designed to predict economic activity six months into the future, confirms expectations for moderate economic growth in Nebraska through mid-2020. The leading indicator primarily rose due to strong business expectations. Respondents to the December Survey of Nebraska Business reported plans to increase sales and employment at their businesses over the next six months. There also was a rebound in building permits for single-family homes during the month, suggesting an increase in construction activity mid-year.
Comments
Prepared by the UNL College of Business, Bureau of Business Research