Bureau of Business Research
Date of this Version
Spring 1-24-2024
Document Type
Article
Citation
Copyright 2024 Eric Thompson, UNL Bureau of Business Research
Abstract
The Leading Economic Indicator-Nebraska rose by 0.26% in May 2024. The increase in the leading indicator, designed to predict economic growth six months into the future, implies that the Nebraska economy will grow through the end of 2024. There was an increase in manufacturing hours worked in May, as Nebraska continues to benefit from strong demand for food products. Business expectations remained positive. Respondents to the May Survey of Nebraska Business reported plans to increase sales and employment over the next six months.
Comments
Prepared by the UNL College of Business, Bureau of Business Research