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Leading Economic Indicator Reports

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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 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 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 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 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 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 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 …


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 …


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 …