Slight Increase Shown in Leading Economic Indicator for Nebraska - KHGI-TV/KWNB-TV/KHGI-CD-Grand Island, Kearney, Hastings

Slight Increase Shown in Leading Economic Indicator for Nebraska

Posted: Updated:

The Leading Economic Indicator in Nebraska rose only slightly by .09 percent in May following a solid increase of 1 percent in April.

"The slight increase in the Leading Economic Indicator-Nebraska during May failed to build on the solid increase observed in April," shared University of Nebraska-Lincoln economist Eric Thompson, director of the Bureau of Business Research. "This suggests moderate rather than strong growth in the Nebraska economy during the fall of 2013."

The Leading Economic Indicator-Nebraska looks at six growth indicators to predict future economic growth. They include: single-family building permits, airline passenger counts, initial unemployment claims, manufacturing hours, value of the U.S. dollar, and business expectations gathered from the Survey of Nebraska Business.

Some indicators grew in the latest indicator, but others declined causing the slump. Those seeing a decrease included manufacturing hours, unemployment claims and the value of the U.S. dollar, according to Thompson.

The full report can be found at http://www.cba.unl.edu.

The Leading Economic Indicator-Nebraska is produced by faculty and students in the Department of Economics and Bureau of Business Research within the UNL College of Business Administration.

Untitled Document

Facebook

Powered by WorldNow
General and news information or questions:
Across the Midlands Information:
events@nebraska.tv
Comments: comments@nebraska.tv
News:
news@nebraska.tv
Phone: 308-743-2494
News Fax: 308-743-2660
All content © Copyright 2000 - 2014 WorldNow and NTV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.