Nebraska Economic Indicator Rises Slightly, Moderate Growth Expe - KHGI-TV/KWNB-TV/KHGI-CD-Grand Island, Kearney, Hastings

Nebraska Economic Indicator Rises Slightly, Moderate Growth Expected in 2013

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Nebraska's Leading Economic Indicator, produced by the University of Nebraska-Lincoln's Department of Economics and Bureau of Business Research, shows that Nebraska business grew slightly in February.

The report looks at six components that predict future economic growth: single-family building permits, airline passenger counts, initial unemployment claims, manufacturing hours, the value of the U.S. dollar, and business expectations gathered from the Survey of Nebraska Business.

According to the Indicator which showed an increase of 0.16 percent in February, the state's economy is expected to grow moderately in the summer months.

"Strong growth in business expectations led to the rise," said UNL economist Eric Thompson, director of the Bureau of Business Research. "Respondents to the Survey of Nebraska Business predicted solid increases in sales and employment in their businesses over the next six months."

Find the full report at http://www.cba.unl.edu.

 

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