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Composite Index As A Way Of Measuring Economic Distress In Nebraska, Cornelius S. Okumu

cornelius Okumu

The Nebraska state department of economic development, just like any other state’s department of economic development in the United States receives funding for economic development programs. These programs are mostly geared toward revitalizing economic situations of villages, cities or counties that are under economic distress. The purpose of this paper is to assess how the Nebraska Department of Economic Development (NEDED) currently measure distress in Nebraska Counties, and develop composite distress indexes that might improve the measure, interpretation and use of Economic distress index to help in their allocation of Economic development resources to Nebraska counties.

Advisor: Rodrigo Cantarero