Bureau of Business Research
Date of this Version
12-23-2020
Document Type
Article
Citation
Copyright 2020 Eric Thompson, UNL Bureau of Business Research
Abstract
The LEI-N rose by 0.61% during November 2020. The rising indicator suggests that the Nebraska economy will expand over the next 6 months. Five of the six components of the leading indicator improved during November. Manufacturing hours-worked and building permits for single-family homes both rose. Business expectations also were positive, with respondents to the November Survey of Nebraska Business reporting plans to increase employment. The value of the U.S. dollar also declined in November, which will improve competitive conditions for agricultural producers, manufacturers, and other Nebraska businesses which export. Airline passenger enplanements were the only component to decline during November.
Comments
Prepared by the UNL College of Business, Bureau of Business Research