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 rose slightly during September 2020, by 0.09%. While the pace of improvement has slowed, September marks the fifth consecutive increase in the leading indicator after sharp declines in March and April. The September result indicates that the Nebraska economy will grow at a modest pace over the next 6 months. Four of the components of the leading indicator improved during September. Airline passenger enplanements grew slowly after seasonal adjustment, but there was a drop in initial claims for unemployment insurance during the month. The value of the U.S. dollar also declined, which will improve competitive conditions for businesses which export. Business expectations also were positive, according to the respondents to the monthly Survey of Nebraska Business. In terms of declining components, building permits for single-family homes declined during September and manufacturing hours-worked fell for the third consecutive month.