Bureau of Business Research


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Copyright 2020 Eric Thompson, UNL Bureau of Business Research


Prepared by the UNL College of Business, Bureau of Business Research


The LEI-N fell by 5.57% during April of 2020 as the COVID-19 Pandemic continued to impact Nebraska’s economy. The decline in April followed a large decline in March. Taken together, the two monthly drops suggest that the Nebraska economy will be smaller in the fall of 2020 than it was during January and February of this year. All components of the leading indicator worsened during April. There were few airline passenger enplanements during April. In addition, both building permits for single-family homes and manufacturing hours-worked declined while initial claims for unemployment insurance rose. There also was another increase in the value of the U.S. dollar during April. A more valuable dollar creates challenges for businesses that export. Note that the Survey of Nebraska Business was not conducted in April.