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Articles 1 - 13 of 13
Full-Text Articles in Economic Theory
Producer Services: A Hub For Stem And An Engine For Job Growth, Eric Thompson, Uyen Tran
Producer Services: A Hub For Stem And An Engine For Job Growth, Eric Thompson, Uyen Tran
Business in Nebraska
The producer services sector, which includes professional and technical services such as accounting, engineering, computer programming, advertising and consulting, is the fastest growing, high-wage segment of the U.S. economy. Producer services employment grew by 15 percent nationwide from 2008 through 2017 but only by 5 percent in Nebraska. Nebraska growth lagged the nation in part because the state has smaller metropolitan areas. Producer service businesses tend to congregate in larger cities. To grasp more opportunities in this growing, high wage sector, Nebraska needs to train more workers in STEM occupations, encourage the development of small businesses in the sector, and …
Nebraska Business And Consumer Confidence Indexes: March 9, 2018, Eric Thompson
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 Business And Consumer Confidence Indexes: February 2, 2018, Eric Thompson
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 Business And Consumer Confidence Indexes: January 5, 2018, Eric Thompson
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 …
Nebraska Business And Consumer Confidence Index: December 1, 2017, Eric Thompson
Nebraska Business And Consumer Confidence Index: December 1, 2017, Eric Thompson
Leading Economic Indicator Reports
Consumer and business confidence surged in Nebraska during November. The Consumer Confidence Index – Nebraska (CCI-N) rose to 106.2 in November from 95.1 in October. The November value is well above the neutral level of 100.0. Likewise, the Business Confidence Index – Nebraska (BCI-N) rose from 102.7 in October to 114.1 in November, which is also well above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 32 percent of respondents. Nearly as many businesses mentioned workforce issues. In particular, the availability and quality of labor was mentioned as …
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 Business And Consumer Confidence Indexes: November 3, 2017, Eric Thompson
Nebraska Business And Consumer Confidence Indexes: November 3, 2017, Eric Thompson
Leading Economic Indicator Reports
Nebraska’s consumer confidence remained weak during October while business confidence remained strong. The Consumer Confidence Index – Nebraska (CCI-N) stood at 95.1 in October, below the neutral value of 100.0. By contrast, the Nebraska business confidence remained strong. The Business Confidence Index – Nebraska (BCI-N) stood at 102.7 in October, below the September level of 105.2 but above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 31 percent of business respondents. Businesses also faced growing competition in both the labor and product markets. The availability and quality of …
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 Business And Consumer Confidence Indexes: October 6, 2017, Eric Thompson
Nebraska Business And Consumer Confidence Indexes: October 6, 2017, Eric Thompson
Leading Economic Indicator Reports
Nebraska’s consumer confidence tumbled during September while business confidence held steady. The Consumer Confidence Index – Nebraska (CCI-N) fell to 93.5 in September, well below the reading of 100.9 in August and the neutral value of 100.0. Consumer confidence is now weak in Nebraska. By contrast, the Nebraska business confidence remained strong. The Business Confidence Index – Nebraska (BCI-N) stood at 105.2 in September, slightly above the August value of 104.2, and well above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 37 percent of business respondents. Businesses …
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 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
More Balanced Economic Growth, Eric Thompson
More Balanced Economic Growth, Eric Thompson
Business in Nebraska
There has been a re-balancing of both global and domestic economic growth during 2017. Globally, growth is improving in Europe and China, yielding more balanced international growth. Within the United States, growth also has become more balanced across industries. As in past years, the service sector, supported by growth in employment and real wages, has grown steadily with increases in retail trade, business services, personal services and construction activity. However, in recent months, there also has been improved growth in the industrial sector, with a rebound in the energy sector, and more business investment in capital equipment. The result is …
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.