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Nebraska Monthly Economic Indicators: December 19, 2018, Eric Thompson Dec 2018

Nebraska Monthly Economic Indicators: December 19, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) rose by 0.32% during November of 2018. The increase in the LEI-N, which is designed to predict economic activity six months into the future, portends moderate economic growth in Nebraska through the first half of 2019. Initial claims for unemployment insurance fell in Nebraska during November, while business expectations remained strong. Respondents to the November Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months.


Nebraska Business And Consumer Confidence Indexes: December 11, 2018, Eric Thompson Dec 2018

Nebraska Business And Consumer Confidence Indexes: December 11, 2018, Eric Thompson

Leading Economic Indicator Reports

Nebraska consumer and business confidence remained positive during November 2018. The Business Confidence Index – Nebraska (BCI-N) stood at 107.2 in November 2018, well above the neutral value of 100, although down from the sky-high level of 117.3 achieved during October. The Consumer Confidence Index – Nebraska (CCI-N) stood at 106.4 in November, down slightly from 108.3 in October, but still well above the neutral value. When asked about the most important issue facing their business, 28 percent of respondents chose the availability and quality of labor while 24 mentioned customer demand and 9 percent mentioned the cost of goods …


Nebraska Monthly Economic Indicators: November 21, 2018, Eric Thompson Nov 2018

Nebraska Monthly Economic Indicators: November 21, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) rose by 0.51% during October of 2018. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests moderate economic growth in Nebraska through the first quarter of 2019. Initial claims for unemployment insurance fell in Nebraska during October, while building permits for single-family homes and business expectations improved. In particular, respondents to the October Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months.


Nebraska Business And Consumer Confidence Indexes: November 9, 2018, Eric Thompson Nov 2018

Nebraska Business And Consumer Confidence Indexes: November 9, 2018, Eric Thompson

Leading Economic Indicator Reports

Nebraska consumer and business confidence improved during October 2018. The Business Confidence Index – Nebraska (BCI-N) rose to 117.3 in October from 110.6 in September. The Consumer Confidence Index – Nebraska (CCI-N) rose to 108.3 in October after a sub-par level of 97.0 during September. Both business and consumer confidence were well above the neutral level of 100.0. When asked about the most important issue facing their business, 29 percent of respondents chose the availability and quality of labor while 27 mentioned customer demand and 15 percent mentioned competition from other businesses. This is the first time that labor availability …


Nebraska Monthly Economic Indicators: October 24, 2018, Eric Thompson Oct 2018

Nebraska Monthly Economic Indicators: October 24, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.35% during September of 2018. The decline in the LEI-N, which is designed to predict economic activity six months into the future, suggests that Nebraska economic growth will slow in the coming months. Initial claims for unemployment insurance rose in Nebraska during September, while building permits for single-family and airline passenger counts both declined. Business expectations were a bright spot for the Nebraska economy. Respondents to the September Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. Manufacturing hours-worked …


Nebraska Business And Consumer Confidence Indexes: October 5, 2018, Eric Thompson Oct 2018

Nebraska Business And Consumer Confidence Indexes: October 5, 2018, Eric Thompson

Leading Economic Indicator Reports

Nebraska consumer and business confidence diverged further during September 2018. The Business Confidence Index – Nebraska (BCI-N) remained at a high level, rising from 110.4 In August to 110.6 in September. The Consumer Confidence Index – Nebraska (CCI-N) fell, dropping from a neutral value of 100.2 in August to 97.0 in September. Business confidence is strong, but consumer confidence has turned negative. When asked about the most important issue facing their business, customer demand was mentioned by 35 percent of respondents, while the availability and quality of labor was mentioned by 26 percent and 16 percent mentioned competition from other …


Nebraska Monthly Economic Indicators: September 26, 2018, Eric Thompson Sep 2018

Nebraska Monthly Economic Indicators: September 26, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.00% during August of 2018. Solid growth in the LEI-N, which is designed to predict economic activity six months into the future, suggests that Nebraska economic growth will be solid during the first few months of 2019. Business expectations were a positive component of the leading indicator. Respondents to the August Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. There also was an improvement in manufacturing hours and airline passenger counts, while initial claims for unemployment insurance dropped.


Nebraska Business And Consumer Confidence Indexes: September 12, 2018, Eric Thompson Sep 2018

Nebraska Business And Consumer Confidence Indexes: September 12, 2018, Eric Thompson

Leading Economic Indicator Reports

Consumer and business confidence diverged in Nebraska during August 2018. The Business Confidence Index – Nebraska (BCI-N) rose from 106.4 in July to 110.4 In August but the Consumer Confidence Index – Nebraska (CCI-N) fell, dropping from 101.9 in July to 100.2 in August. Business confidence remains well above the neutral level of 100, but consumer confidence is best described as neutral. When asked about the most important issue facing their business, customer demand was mentioned by 26 percent of respondents, while the availability and quality of labor was mentioned by 24 percent, 13 percent mentioned competition from other businesses, …


Nebraska Monthly Economic Indicators: August 22, 2018, Eric Thompson Aug 2018

Nebraska Monthly Economic Indicators: August 22, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 was flat during July of 2018, rising by just 0.05%. A flat value for the LEI-N, which is designed to predict economic activity six months into the future, suggests that Nebraska economic growth will slow significantly at the end of 2018 and the beginning of 2019. Business expectations were a positive component of the leading indicator. Respondents to the July Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. However, a rising U.S. dollar and a drop in building permits for …


Nebraska Business And Consumer Confidence Indexes: August 3, 2018, Eric Thompson Aug 2018

Nebraska Business And Consumer Confidence Indexes: August 3, 2018, Eric Thompson

Leading Economic Indicator Reports

Business confidence fell in Nebraska during July 2018. The Business Confidence Index – Nebraska (BCI-N) fell from 115.4 in June to 106.4 In July. The Consumer Confidence Index – Nebraska (CCI-N) also fell, dropping from 103.9 in June to 101.9 in July. Both business and consumer confidence are above the neutral level of 100, but confidence in Nebraska is best described as solid rather than strong. When asked about the most important issue facing their business, customer demand was mentioned by 36 percent of respondents, while the availability and quality of labor was mentioned by 24 percent and 9 percent …


Nebraska Monthly Economic Indicators: July 25, 2018, Eric Thompson Jul 2018

Nebraska Monthly Economic Indicators: July 25, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.40% during June of 2018. The decline in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the pace of Nebraska economic growth will slow significantly during the 4th quarter of 2018. The indicator fell due to another sharp increase in the value of the U.S. dollar. A rising dollar puts additional pressure on Nebraska businesses which export. A decline in manufacturing hours and an increase in initial claims for unemployment insurance also contributed to the drop in the LEI-N. Business expectations were …


Nebraska Business And Consumer Confidence Indexes: July 6, 2018, Eric Thompson Jul 2018

Nebraska Business And Consumer Confidence Indexes: July 6, 2018, Eric Thompson

Leading Economic Indicator Reports

Business confidence surged in Nebraska during June 2018. The Business Confidence Index – Nebraska (BCI-N) rose from 102.4 in May to 115.4 In June. The Consumer Confidence Index – Nebraska (CCI-N) also rose, ticking up from 101.3 in May to 103.9 in June. The surge in business confidence is a significant improvement, especially since both business and consumer confidence had declined in Nebraska during April and May. With confidence high, businesses were concerned about costs and competition. When asked about the most important issue facing their business, customer demand was mentioned by 27 percent of respondents, while the availability and …


Nebraska Monthly Economic Indicators: June 20, 2018, Eric Thompson Jun 2018

Nebraska Monthly Economic Indicators: June 20, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by just 0.26% during May of 2018. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the pace of economic growth will slow in Nebraska during the 4th quarter of 2018. The LEI-N rose due to strong business expectations. In particular, respondents to the May Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. There also was an increase in manufacturing hours and passenger enplanements during May and a drop …


Nebraska Business And Consumer Confidence Indexes: June 1, 2018, Eric Thompson Jun 2018

Nebraska Business And Consumer Confidence Indexes: June 1, 2018, Eric Thompson

Leading Economic Indicator Reports

Consumer and business confidence fell in Nebraska during May 2018. The Consumer Confidence Index – Nebraska (CCI-N) fell to 101.3 in May from a value of 104.3 in April. Consumer confidence is now close to the neutral value of 100.0. The Business Confidence Index – Nebraska (BCI-N) fell to 102.4 in May from 104.8 In April. When asked about the most important issue facing their business, customer demand was mentioned by 36 percent of respondents, while the availability and quality of labor was mentioned as the most important issue by 21 percent. Households reported a variety of financial concerns with …


Nebraska Monthly Economic Indicators: May 23, 2018, Eric Thompson May 2018

Nebraska Monthly Economic Indicators: May 23, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 0.67% during April of 2018. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the Nebraska economy will continue to grow through the 4th quarter of 2018. The LEI-N rose due to strong business expectations, an increase in airline passenger counts, and a drop in initial claims for unemployment insurance. In particular, respondents to the April Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. However, there were also …


Nebraska Business And Consumer Confidence Indexes: May 4, 2018, Eric Thompson May 2018

Nebraska Business And Consumer Confidence Indexes: May 4, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) rose by 1.00% during January of 2019. The increase in the LEI-N, which is designed to predict economic activity six months into the future, implies solid economic growth in Nebraska into the third quarter of 2019. Strong business expectations were the primary reason for the increase in the leading indicator. Respondents to the January Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. The value of the U.S. dollar also dropped in January for the first time in a year, providing relief …


Nebraska Monthly Economic Indicators: April 25, 2018, Eric Thompson Apr 2018

Nebraska Monthly Economic Indicators: April 25, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 0.88% during March of 2018. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the Nebraska economy will grow steadily through the summer of 2018. Strong business expectations, rising manufacturing hours and rising air passenger enplanements were the reasons for the LEI-N increase. Respondents to the March Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. Initial claims for unemployment insurance changed little during March but there was a …


Nebraska Business And Consumer Confidence Indexes: April 6, 2018, Eric Thompson Apr 2018

Nebraska Business And Consumer Confidence Indexes: April 6, 2018, Eric Thompson

Leading Economic Indicator Reports

Nebraska consumer and business confidence rose during March 2018. The Consumer Confidence Index – Nebraska (CCI-N) rose to 106.8 in March from a value of 101.6 in February. The Business Confidence Index – Nebraska (BCI-N) rose to 110.4 in March from 107.4 In February. Both March values are well above the neutral level of 100.0 suggesting that business and consumer confidence are strong. When asked about the most important issue facing their business, customer demand was mentioned by 35 percent of respondents, while the availability and quality of labor was mentioned as the most important issue by 23 percent. Another …


Nebraska Monthly Economic Indicators: March 21, 2018, Eric Thompson Mar 2018

Nebraska Monthly Economic Indicators: March 21, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.03% during February of 2018. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the Nebraska economy will grow steadily through the third quarter of 2018. Solid business expectations and a strong labor market were the primary reasons for the increase in the LEI-N. Respondents to the February Survey of Nebraska Business reported plans to increase sales and employment at their businesses over the next six months. Further, there was a decline in initial claims for unemployment insurance during February, …


Nebraska Business And Consumer Confidence Indexes: March 9, 2018, Eric Thompson Mar 2018

Nebraska Business And Consumer Confidence Indexes: March 9, 2018, Eric Thompson

Leading Economic Indicator Reports

Nebraska consumer and business confidence fell during February 2018, dropping from the near-peak levels seen in January. The Consumer Confidence Index – Nebraska (CCI-N) fell to 101.6 in February from a value of 115.2 in January. The February value remains above the neutral level of 100.0. The Business Confidence Index – Nebraska (BCI-N) fell to 107.4 In February from 112.2 in January. Both monthly readings were well above the neutral value of 100.0 suggesting that business confidence remains strong. When asked about the most important issue facing their business, customer demand was mentioned by 38 percent of respondents. But, there …


2018 Updated Tables And Figures For Ec 845 Nebraska Cash Soybean Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters Mar 2018

2018 Updated Tables And Figures For Ec 845 Nebraska Cash Soybean Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters

Extension Farm and Ranch Management News

No abstract provided.


Nebraska Monthly Economic Indicators: February 21, 2018, Eric Thompson Feb 2018

Nebraska Monthly Economic Indicators: February 21, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.18% during January of 2018. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the Nebraska economy will grow steadily through the summer of 2018. A falling U.S. dollar, which is positive for Nebraska exporters, was one primary reason for the improvement in the leading indicator. The other was business expectations. Respondents to the January Survey of Nebraska Business reported plans to increase sales and employment at their businesses over the next six months. In terms of negative components, there …


Nebraska Business And Consumer Confidence Indexes: February 2, 2018, Eric Thompson Feb 2018

Nebraska Business And Consumer Confidence Indexes: February 2, 2018, Eric Thompson

Leading Economic Indicator Reports

Consumer and business confidence rebounded in Nebraska during January 2018. The Consumer Confidence Index – Nebraska (CCI-N) rose to 115.2, well above the neutral level of 100.0 and a value of 93.3 in December 2017. This is the highest level recorded for the CCI-N since it was first released in February of 2016. The Business Confidence Index – Nebraska (BCI-N) rose to 112.2 in January from 107.5 in December. Both monthly readings were well above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 40 percent of respondents. The …


2018 Updated Tables And Figures For Ec 846 Nebraska Cash Corn Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters Feb 2018

2018 Updated Tables And Figures For Ec 846 Nebraska Cash Corn Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters

Extension Farm and Ranch Management News

No abstract provided.


Nebraska Monthly Economic Indicators: January 24, 2018, Eric Thompson Jan 2018

Nebraska Monthly Economic Indicators: January 24, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 0.83% during December of 2017. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the Nebraska economy will grow steadily during the first half of 2018. The December increase primarily resulted from a rise in building permits for single-family homes and positive business expectations. In particular, respondents to the December Survey of Nebraska Business reported plans to increase sales and employment in the coming months. In terms of negative components, there was a decline in airline passenger counts during December.


Nebraska Business And Consumer Confidence Indexes: January 5, 2018, Eric Thompson Jan 2018

Nebraska Business And Consumer Confidence Indexes: January 5, 2018, Eric Thompson

Leading Economic Indicator Reports

Consumer and business confidence declined in Nebraska during December 2017. The Consumer Confidence Index – Nebraska (CCI-N) fell to 93.3 in December, well below the neutral level of 100.0. The index had reached a record level of 106.2 in November, but that high level of confidence was not sustained. The Business Confidence Index – Nebraska (BCI-N) fell from 114.1 in November to 107.5 in December. While lower, the December reading remains well above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 38 percent of respondents. The availability and …


2018 Updated Tables And Figures For Ec 844 Nebraska Wheat Prices And Basis Patterns, Cory Walters, Jessica J. Groskopf Jan 2018

2018 Updated Tables And Figures For Ec 844 Nebraska Wheat Prices And Basis Patterns, Cory Walters, Jessica J. Groskopf

Extension Farm and Ranch Management News

No abstract provided.