Bureau of Business Research
Date of this Version
7-26-2024
Document Type
Article
Abstract
The Leading Economic Indicator-Nebraska rose by 0.58% in June 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 June, as Nebraska continues to benefit from strong demand for food products and as U.S. manufacturing activity continues to improve. Business expectations remained positive. Respondents to the June Survey of Nebraska Business reported plans to increase sales and employment over the next six months. Airline passenger counts and building permits for single-family homes also were up slightly in June.
