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Nebraska Monthly Economic Indicators: July 24, 2019, Eric Thompson Jul 2019

Nebraska Monthly Economic Indicators: July 24, 2019, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.29% during June of 2019. The decline in the LEI-N, which is designed to predict economic activity six months into the future, implies slowing economic growth in Nebraska towards the end of 2019. The leading indicator declined due to an increase in initial claims for unemployment insurance and a drop in both airport passenger enplanements and manufacturing hours. In addition, business expectations, which had been strong throughout the year, moderated during June. Respondents to the June Survey of Nebraska Business reported plans for only a modest increase in employment at …


Nebraska Business And Consumer Confidence Indexes: July 3, 2019, Eric Thompson Jul 2019

Nebraska Business And Consumer Confidence Indexes: July 3, 2019, Eric Thompson

Leading Economic Indicator Reports

Business confidence fell sharply in Nebraska during June 2019 and consumer confidence dropped modestly. The Consumer Confidence Index – Nebraska (CCI-N) fell to 104.4 in June, above the neutral value of 100 but below the May value of 105.3. The Business Confidence Index – Nebraska (BCI-N) fell to 100.3 in June, at the neutral level and down 13 percent from 113.2 in May. When asked about the most important issue facing their business, 35 percent of respondents chose customer demand while 21 mentioned the quality and availability of labor, 16 percent mentioned competition from other businesses and 9 percent flooding …


Nebraska Monthly Economic Indicators: June 19, 2019, Eric Thompson Jun 2019

Nebraska Monthly Economic Indicators: June 19, 2019, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) rose by 0.63% during May of 2019. The increase in the LEI-N, which is designed to predict economic activity six months into the future, implies moderate economic growth in Nebraska through the end of 2019. Strong business expectations were the sole reason for the increase in the leading indicator. Respondents to the May Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. Other components were mixed with airport passenger enplanments, initial claims for unemployment insurance and building permits for single-family homes pointing …


Nebraska Business And Consumer Confidence Indexes: June 7, 2019, Eric Thompson Jun 2019

Nebraska Business And Consumer Confidence Indexes: June 7, 2019, Eric Thompson

Leading Economic Indicator Reports

Consumer confidence rebounded in Nebraska during May 2019 and business confidence also improved. The Consumer Confidence Index – Nebraska (CCI-N) rose to 105.3 in May, above the neutral value of 100 and well above the April value of 95.6. The Business Confidence Index – Nebraska (BCI-N) rose 113.2 in May, well above the neutral level and up from 107.8 in April. When asked about the most important issue facing their business, 30 percent of respondents chose customer demand while 21 mentioned the quality and availability of labor and 18 percent mentioned competition from other businesses. Fifty-two percent of responding households …


Nebraska Monthly Economic Indicators: May 22, 2019, Eric Thompson May 2019

Nebraska Monthly Economic Indicators: May 22, 2019, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) rose by 0.79% during April of 2019. The increase in the LEI-N, which is designed to predict economic activity six months into the future, implies moderate economic growth in Nebraska through the end of 2019. Strong business expectations were again the primary reason for the increase in the leading indicator. Respondents to the April Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. There also was growth in manufacturing hours-worked during the month.


Nebraska Business And Consumer Confidence Indexes: May 3, 2019, Eric Thompson May 2019

Nebraska Business And Consumer Confidence Indexes: May 3, 2019, Eric Thompson

Leading Economic Indicator Reports

Consumer confidence dropped sharply in Nebraska during April 2019 while business confidence remained strong. The Consumer Confidence Index – Nebraska (CCI-N) stood at 95.6 in April, below the neutral value of 100 and well below the March value of 110.0. The Business Confidence Index – Nebraska (BCI-N) stood at 107.8 in April, well above the neutral level and down slightly from 108.9 in March. When asked about the most important issue facing their business, 29 percent of respondents chose customer demand while 27 mentioned the quality and availability of labor and 19 percent mentioned competition from other businesses. Fifty-three percent …


Nebraska Business And Consumer Confidence Indexes: May 3, 2019, Eric Thompson May 2019

Nebraska Business And Consumer Confidence Indexes: May 3, 2019, Eric Thompson

Leading Economic Indicator Reports

Consumer confidence dropped sharply in Nebraska during April 2019 while business confidence remained strong. The Consumer Confidence Index – Nebraska (CCI-N) stood at 95.6 in April, below the neutral value of 100 and well below the March value of 110.0. The Business Confidence Index – Nebraska (BCI-N) stood at 107.8 in April, well above the neutral level and down slightly from 108.9 in March. When asked about the most important issue facing their business, 29 percent of respondents chose customer demand while 27 mentioned the quality and availability of labor and 19 percent mentioned competition from other businesses. Fifty-three percent …


Nebraska Monthly Economic Indicators: April 25, 2019, Eric Thompson Apr 2019

Nebraska Monthly Economic Indicators: April 25, 2019, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) rose by 1.21% during March of 2019. The increase in the LEI-N, which is designed to predict economic activity six months into the future, implies moderate economic growth in Nebraska through the fall of 2019. Strong business expectations were again the primary reason for the increase in the leading indicator. Respondents to the March Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. There also was growth in manufacturing hours-worked and a drop in initial claims for unemployment insurance during March 2019.


Nebraska Business And Consumer Confidence Indexes: April 5, 2019, Eric Thompson Apr 2019

Nebraska Business And Consumer Confidence Indexes: April 5, 2019, Eric Thompson

Leading Economic Indicator Reports

Consumer and business confidence remained strong in Nebraska during March 2019. The Consumer Confidence Index – Nebraska (CCI-N) stood at 110.0 in March, well above the neutral value of 100 and the value of 103.2 in February 2019. The Business Confidence Index – Nebraska (BCI-N) stood at 108.9 in March, well above the neutral level and up slightly from 108.2 in February. When asked about the most important issue facing their business, 31 percent of respondents chose customer demand while 21 mentioned the quality and availability of labor and 12 percent mentioned competition from other businesses. Just 8 percent of …


Nebraska Monthly Economic Indicators: March 20, 2019, Eric Thompson Mar 2019

Nebraska Monthly Economic Indicators: March 20, 2019, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 0.38% during February of 2019. The increase in the LEI-N, which is designed to predict economic activity six months into the future, implies moderate economic growth in Nebraska through the third quarter of 2019. Strong business expectations were the primary reason for the increase in the leading indicator. Respondents to the February Survey of Nebraska Business reported plans to increase both sales and employment at their businesses over the next six months. Business expectations were at odds with other components of the indicator. Building permts for single-family homes and manufacturing …


Nebraska Business And Consumer Confidence Indexes: March 1, 2019, Eric Thompson Mar 2019

Nebraska Business And Consumer Confidence Indexes: March 1, 2019, Eric Thompson

Leading Economic Indicator Reports

Consumer and business confidence remained strong in Nebraska during February 2019. The Consumer Confidence Index – Nebraska (CCI-N) stood at 103.2 in February, above the neutral value of 100 and just below the value of 104.0 in January 2019. The Business Confidence Index – Nebraska (BCI-N) stood at 108.2 in February, well above the neutral level and up from 107.4 in January. When asked about the most important issue facing their business, 29 percent of respondents chose customer demand while 27 mentioned the quality and availability of labor and 13 percent mentioned competition from other businesses. Fifty-three percent of responding …


Nebraska Monthly Economic Indicators: February 20, 2019, Eric Thompson Feb 2019

Nebraska Monthly Economic Indicators: February 20, 2019, 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 Business And Consumer Confidence Indexes: February 8, 2019, Eric Thompson Feb 2019

Nebraska Business And Consumer Confidence Indexes: February 8, 2019, Eric Thompson

Leading Economic Indicator Reports

Consumer confidence rose in Nebraska during January 2019. The Consumer Confidence Index – Nebraska (CCI-N) rose to 104.0 in January, above the neutral value of 100 and the December 2018 value of 99.1. The Business Confidence Index – Nebraska (BCI-N) stood at 107.4 in January 2019, well above the neutral level and slightly down from 109.9 in December. When asked about the most important issue facing their business, 33 percent of respondents chose customer demand while 18 mentioned the quality and availability of labor and 15 percent mentioned competition from other businesses. Fifty-five percent of responding households listed a cost …


Nebraska Monthly Economic Indicators: January 23, 2019, Eric Thompson Jan 2019

Nebraska Monthly Economic Indicators: January 23, 2019, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 0.70% during December of 2018. The increase in the LEI-N, which is designed to predict economic activity six months into the future, implies solid economic growth in Nebraska during the first half of 2019. Nebraska manufacturing hours and airline passenger counts both rose during December, while business expectations remained strong. Respondents to the December 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: January 4, 2019, Eric Thompson Jan 2019

Nebraska Business And Consumer Confidence Indexes: January 4, 2019, Eric Thompson

Leading Economic Indicator Reports

Consumer confidence fell in Nebraska during December 2018. The Consumer Confidence Index – Nebraska (CCI-N) fell to 99.1 in December 2018, below the neutral value of 100, and well below the November value of 106.4. The Business Confidence Index – Nebraska (BCI-N) stood at 109.9 in December, well above the neutral level and slightly up from 107.2 in November. When asked about the most important issue facing their business, 36 percent of respondents chose customer demand while 26 mentioned the quality and availability of labor and 11 percent mentioned competition from other businesses. Half of responding households listed a cost …


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 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 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 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 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 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 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 …