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Nebraska Monthly Economic Indicators: November 22, 2017, Eric Thompson
Nebraska Monthly Economic Indicators: November 22, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.24% during October of 2017. The decrease in the LEI-N, which is designed to predict economic activity six months into the future, suggests that economic growth will slow in Nebraska during the second quarter of 2018. The fall in the indicator was due to an decline in building permits for single-family homes and manufacturing hours-worked. There also was an increase in the value of the U.S. dollar in October. The increase in the value of the dollar is challenging for Nebraska exporters. In terms of positive components, there was a …
Nebraska Monthly Economic Indicators: October 25, 2017, Eric Thompson
Nebraska Monthly Economic Indicators: October 25, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.86% during September of 2017. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests solid economic growth in Nebraska during the first quarter of 2018. The rise in the indicator was due to an increase in building permits for single-family homes and growth in manufacturing hours-worked. There also was a decline in the value of the dollar in September, which is positive for Nebraska exporters. Finally, there were positive business expectations. Businesses responding to the September Survey of Nebraska Business reported …
Nebraska Monthly Economic Indicators: September 20, 2017, Eric Thompson
Nebraska Monthly Economic Indicators: September 20, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.38% during August of 2017. The decline in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the Nebraska economy will grow slowly during the first few months of 2018. The drop in the indicator was primarily due to a decline in manufacturing hours-worked during August. Building permits for single-family homes and airline passenger enplanements also dropped slightly. There were two positive components of the LEI-N. Businesses responding to the August Survey of Nebraska Business reported plans to increase sales and employment over …
Nebraska Business And Consumer Confidence Indexes: September 1, 2017, Eric Thompson
Nebraska Business And Consumer Confidence Indexes: September 1, 2017, Eric Thompson
Leading Economic Indicator Reports
Nebraska’s consumer and business confidence fell during August. The Consumer Confidence Index – Nebraska (CCI-N) stood at 100.9 in August, below the reading of 102.5 from July. Notably, the CCI-N remained above the neutral value of 100.0 during August. The outlook of Nebraska businesses remained strong. The Business Confidence Index – Nebraska (BCI-N) stood at 104.2 in August, close to the value of 105.1 during July, and well above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 35 percent of business respondents. Businesses also faced growing competition in …
Nebraska Monthly Economic Indicators: August 23, 2017, Eric Thompson
Nebraska Monthly Economic Indicators: August 23, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 0.56% during July 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 through the first month of 2018. Four components of the indicator improved during July. Business expectations were solid and manufacturing hours grew. The value of the U.S. dollar continued its recent decline, a positive sign for Nebraska’s export-oriented businesses. Further, in a positive sign for the labor market, there also was a drop in initial claims for unemployment insurance. In terms …
Nebraska Business And Consumer Confidence Indexes: August 4, 2017, Eric Thompson
Nebraska Business And Consumer Confidence Indexes: August 4, 2017, Eric Thompson
Leading Economic Indicator Reports
Consumer and business confidence remained strong in Nebraska during July but fell from June levels. The Consumer Confidence Index – Nebraska (CCI-N) stood at 102.5 in July after a reading of 104.7 during June. Despite the decline of 2.2, the CCI-N remained above the neutral value of 100.0, indicating strong consumer confidence. The outlook of Nebraska businesses also was strong. The Business Confidence Index – Nebraska (BCI-N) fell to 105.1 in July from 109.2 in June. The BCI-N remained well above the neutral value in July, despite the 4.1 point decline, which indicates that business confidence is also strong in …
Nebraska Monthly Economic Indicators: July 26, 2017, Eric Thompson
Nebraska Monthly Economic Indicators: July 26, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 2.75% during June of 2017. The rapid increase in the LEI-N indicates that the Nebraska economy will grow quickly at the end of 2017. All components of the indicator rose during June. Business expectations were strong while the value of the U.S. dollar fell, a positive sign for Nebraska’s export-oriented businesses. There also was a sharp increase in building permits for single-family homes during the month.
Nebraska Business And Consumer Confidence Indexes: July 7, 2017, Eric Thompson
Nebraska Business And Consumer Confidence Indexes: July 7, 2017, Eric Thompson
Leading Economic Indicator Reports
Consumer confidence rose sharply in Nebraska during June 2017 while business confidence remained very strong. The Consumer Confidence Index – Nebraska (CCI-N) stood at 100.4 in May but rose to 104.7 during June, which is well above the neutral value of 100.0. The outlook of Nebraska businesses remained very strong. The Business Confidence Index – Nebraska (BCI-N) fell to 109.2 in June, well above the neutral value and just below its May value of 110.2. Business confidence has been very strong in Nebraska throughout the first half of 2017. When asked about the most important issue facing their business, customer …
Nebraska Monthly Economic Indicators: June 21, 2017, Eric Thompson
Nebraska Monthly Economic Indicators: June 21, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.51% during May of 2017. This is the second consecutive monthly decline in the LEI-N. The declines followed three months of rapid increase from January through March of 2017. Taken together, the LEI-N values imply a moderation in economic growth in Nebraska in late 2017 after strong growth midyear. Among the components of the indicator, business expectations were strong during May while the value of the U.S. dollar fell, which is a positive sign for Nebraska’s export-oriented businesses. However, manufacturing hours, building permits and airline passen
Nebraska Business And Consumer Confidence Indexes: June 2, 2017, Eric Thompson
Nebraska Business And Consumer Confidence Indexes: June 2, 2017, Eric Thompson
Leading Economic Indicator Reports
Consumer confidence fell in Nebraska during May 2017 while business confidence remained very strong. The Consumer Confidence Index – Nebraska (CCI-N) fell to roughly neutral during May. The CCI-N stood at 102.5 in April but fell to 100.4 during May, which is only slightly above the neutral value of 100.0. The outlook of Nebraska businesses remained very strong. The Business Confidence Index – Nebraska (BCI-N) rose to 110.2 in May, above its April value of 109.1 and well above the neutral value. Business confidence has been very strong in Nebraska during the first five months of 2017. When asked about …
Nebraska Monthly Economic Indicators: May 24, 2017, Eric Thompson
Nebraska Monthly Economic Indicators: May 24, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.88% during April of 2017. The decline followed three months of rapid increase in January through March, implying a moderation in the outlook for the Nebraska economy in late 2017. Among the components of the indicator, business expectations were strong during April while the value of the U.S. dollar fell, which is a positive sign for Nebraska’s export-oriented businesses. However, manufacturing hours, building permits and airline passenger counts all declined during April, while initial claims for unemployment insurance rose.
Nebraska Business And Consumer Confidence Indexes: May 5, 2017, Eric Thompson
Nebraska Business And Consumer Confidence Indexes: May 5, 2017, Eric Thompson
Leading Economic Indicator Reports
Consumer confidence improved in Nebraska during April 2017 while business confidence remained very strong. The Consumer Confidence Index – Nebraska (CCI-N) rose to 102.5 during April, 2.0 points higher than in March. The index value, which is above the neutral value of 100, indicates that consumer confidence was strong in Nebraska. The outlook of Nebraska businesses is even stronger. The Business Confidence Index – Nebraska (BCI-N) rose to 109.1 in April, well above the neutral value. The business confidence index rose by 0.9% from March. Business confidence has been very strong in Nebraska during the first four months of 2017. …
Nebraska Monthly Economic Indicators: April 21, 2017, Eric Thompson
Nebraska Monthly Economic Indicators: April 21, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.00% during March of 2017. This increase followed rapid increases in both January and February. Taken together, the three increases suggest that economic growth will be strong in Nebraska during the second half of 2017. Among the components of the indicator, business expectations were strong during March. The value of the U.S. dollar also fell during March, which is a positive sign for Nebraska’s export-oriented businesses, particularly in agriculture and manufacturing. In addition, manufacturing hours increased during March.
Nebraska Business And Consumer Confidence Indexes: April 7, 2017, Eric Thompson
Nebraska Business And Consumer Confidence Indexes: April 7, 2017, Eric Thompson
Leading Economic Indicator Reports
Consumer confidence was strong in Nebraska in March 2017 while business confidence remained very strong. The Consumer Confidence Index – Nebraska (CCI-N) rose to 100.5 during March, 5.9 points higher than in February. The index value, which is just above the neutral value of 100, indicates that consumer confidence was strong in Nebraska. The outlook of Nebraska businesses is more firmly positive. The Business Confidence Index – Nebraska (BCI-N) stood at 108.2 in February, well above the neutral value. The business confidence index fell slightly, by 0.9% from February, but remains at a high level. When asked about the most …
Nebraska Monthly Economic Indicators: March 17, 2017, Eric Thompson
Nebraska Monthly Economic Indicators: March 17, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 2.08% during February of 2017. The indicator also rose rapidly in January. The two increases indicate that economic growth will be strong in Nebraska during the second half of 2017. Among the components of the indicator, business expectations were very strong during February. Further, initial claims for unemployment insurance declined during the month, a sign of a strengthening labor market. The value of the U.S. dollar also fell during February, which is a positive sign for Nebraska’s export-oriented businesses.
Nebraska Business And Consumer Confidence Indexes: March 3, 2017, Eric Thompson
Nebraska Business And Consumer Confidence Indexes: March 3, 2017, Eric Thompson
Leading Economic Indicator Reports
Consumer confidence improved in Nebraska in February 2017 while business confidence remained strong. The Consumer Confidence Index – Nebraska (CCI-N) rose to 94.6 during February, 5.4 points higher than in January. While consumer confidence improved, it remained below the neutral value of 100. The outlook of Nebraska businesses, by contrast, was positive. The Business Confidence Index – Nebraska (BCI-N) stood at 109.1 in February, well above the neutral value. The business confidence index rose slightly, by 1.3%, between January and February. When asked about the most important issue facing their business, customer demand was mentioned by 34 percent of business …
Nebraska Monthly Economic Indicators: February 17, 2017, Eric Thompson
Nebraska Monthly Economic Indicators: February 17, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.97% during January of 2017. The rapid increase in the LEI-N, which predicts economic activity six months in the future, reversed a drop in the indicator during November and December of 2016. The increase during January suggests that growth will improve in Nebraska in the second half of 2017. Business expectations, building permits and manufacturing hours all improved during January. There also an a decline in initial claims for unemployment insurance in January following a sharp increase during December. The value of the U.S. dollar was steady during January, a …
Nebraska Business And Consumer Confidence Indexes: February 3, 2017, Eric Thompson
Nebraska Business And Consumer Confidence Indexes: February 3, 2017, Eric Thompson
Leading Economic Indicator Reports
Both business and consumer confidence improved in Nebraska in January 2017, but the gap between the two measures remained. The Consumer Confidence Index – Nebraska (CCI-N) stood at 89.2 during January, well below the neutral value of 100. The outlook of Nebraska businesses, by contrast, was positive. The Business Confidence Index – Nebraska (CCI-N) stood at 107.8 in January, well above the neutral value. Both values were somewhat higher than in December 2016. When asked about the most important issue facing their business, customer demand was mentioned by 30 percent of business respondents, labor availability and quality by 22 percent …
Nebraska Monthly Economic Indicators: January 20, 2017, Eric Thompson
Nebraska Monthly Economic Indicators: January 20, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.50% during December of 2016. The decline in the LEI-N, which predicts economic activity six months in the future, follows a drop of 0.39% during November. The two consecutive declines suggest that economic growth will be weak in Nebraska during the second quarter of 2017. Business expectations were strong in December but other components of the LEI-N were negative. In particular, there was a sharp jump in initial claims for unemployment insurance during the month, suggesting a softening in labor market conditions. There also was another increase in the value …
Nebraska Monthly Economic Indicators: December 16, 2016, Eric Thompson
Nebraska Monthly Economic Indicators: December 16, 2016, Eric Thompson
Leading Economic Indicator Reports
Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.32% during November of 2016. The decline in the LEI-N, which predicts economic activity six months in the future, suggests that economic growth will be modest in Nebraska during the first half of 2017. Four of six components of the LEI-N were negative during November. Airline passenger counts and manufacturing hours both declined during the month. There also was another increase in the value of the U.S. dollar during November, a negative for export-oriented businesses in Nebraska. Initial claims for unemployment insurance rose during the month. Two components of the indicator …