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University of Nebraska - Lincoln

Business in Nebraska

2007

Articles 1 - 4 of 4

Full-Text Articles in Business

Risk And Recovery, John Austin, Chris Decker, Tom Doering, Ernie Gross, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson, Keith Turner Dec 2007

Risk And Recovery, John Austin, Chris Decker, Tom Doering, Ernie Gross, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson, Keith Turner

Business in Nebraska

The crisis in the housing and financial sectors has led to a dramatic slowdown in U.S. economic growth. Fourth quarter GDP growth and job growth are expected to be anemic and the economy may fall into recession in 2008. Indeed, several of the dozen members of the Nebraska Business Forecast Council do believe that the U.S. economy will likely slip into recession during 2008. However, the overall consensus of the Council is that the U.S. economy will avoid a recession. Economic growth will be slow in the first three quarters of 2008 before recovering in late 2008 and 2009.

The …


Tourists And Travelers Generate Dollars – And More: Results From A Survey Of Visitors To Western Nebraska, Randy Cantrell, Cheryl Burkhart-Kriesel Oct 2007

Tourists And Travelers Generate Dollars – And More: Results From A Survey Of Visitors To Western Nebraska, Randy Cantrell, Cheryl Burkhart-Kriesel

Business in Nebraska

According to statistics compiled by the Nebraska Division of Travel and Tourism (NDOTT), travelers spent over $3-billion in Nebraska in 2006, and that income supported over 42,000 Nebraska jobs and numerous new Nebraska businesses. In addition to these economic impacts, the potential benefits of tourism as a development strategy include contributions to the tax base, development of community facilities, increased pride in communities and cultures, expanded civic involvement, conservation of shared resources and infrastructure improvements.

Nebraska has the potential to expand its tourist economy. Pine and Gilmore (1999) have written of the emergence of an important "experience economy" in which …


A Soft Landing And A Long Layover, John Austin, Chris Decker, Tom Doering, Ernie Goss, Philip Baker, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson Jul 2007

A Soft Landing And A Long Layover, John Austin, Chris Decker, Tom Doering, Ernie Goss, Philip Baker, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson

Business in Nebraska

The U.S. economy achieved a soft landing in 2006. This was a desirable outcome. The economy needed a break from its rapid, and potentially inflationary, growth in 2004 and 2005, before taking off again. But, that new flight has been delayed. The aggregate economy has remained mired in slow growth in the first half of 2007. Pockets of the economy, such as the labor market, have been strong, but a weak housing sector has limited overall growth. Further, signs point to one or two more quarters of weaker growth, before the economy is able to take off again.

This outcome …


Nebraska’S Micropolitan Statistical Areas: A Growing Piece Of A Shrinking Pie, Randolph Cantrell Apr 2007

Nebraska’S Micropolitan Statistical Areas: A Growing Piece Of A Shrinking Pie, Randolph Cantrell

Business in Nebraska

They have been called “urban islands in a shortgrass sea” (Popper and Popper, 1986) and “middle places” (Swanson, 2007). They are the small urban centers that dot the Great Plains and are home to an important share of the region’s non-metropolitan population and economic activity. Compared to the much larger metropolitan centers such as Omaha and Lincoln, they may appear to be minor players in the state’s social and economic landscape—but that would underestimate their role. Individually they anchor the regional “pillars of growth” identified by Thompson (Thompson et al., 2007), and collectively they play a determining role in the …