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Entrepreneurial and Small Business Operations

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University of Nebraska - Lincoln

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2006

Articles 1 - 7 of 7

Full-Text Articles in Business

A Soft Landing, Steady Growth, And Accelerating Farm Income, John Austin, Chris Decker, Tom Doering, Ernie Gross, Nick Hernandez, Bruce Johnson, Ken Lemke, Frank Schwarz, Scott Strain, Eric Thompson, Keith Turner Dec 2006

A Soft Landing, Steady Growth, And Accelerating Farm Income, John Austin, Chris Decker, Tom Doering, Ernie Gross, Nick Hernandez, Bruce Johnson, Ken Lemke, Frank Schwarz, Scott Strain, Eric Thompson, Keith Turner

Business in Nebraska

After years of accelerating growth, the U.S. economy achieved a soft landing in 2006. The rate of economic growth remained positive but slowed sufficiently to reduce inflation pressures and the need for further interest rate increases. At the same time the economy remained strong enough to continue the current expansion which has been in place since late 2001. Such a soft landing is vital because it should allow the economy to continue to expand for years to come, but with moderate inflation.

The housing sector played an important role in the U.S. economy’s recent slowdown. Housing prices and con-struction activity …


Preliminary Economic Impact Analysis For The Lincoln Arena Task Force, Eric Thompson Nov 2006

Preliminary Economic Impact Analysis For The Lincoln Arena Task Force, Eric Thompson

Bureau of Business Research Publications

The entertainment industry is part of the growing service sector in the state and national economy. The industry both creates employment opportunities and contributes to the quality of life within communities. To fully grow the entertainment industry, however, a city requires appropriate venues to host entertainment events. In the City of Lincoln, Nebraska, there has been a recent proposal to develop a new arena facility for this growing City. The following report addresses some of the economic consequences of developing a new arena in Lincoln. In particular, the report estimates the potential economic impact of the proposed project, that is, …


The Effect Of A Smoke-Free Ordinance On Eating And Drinking Places In Lincoln, Nebraska, Mary Mcgarvey, Eric Thompson, Bree Dority, Jyothsna Sainath Oct 2006

The Effect Of A Smoke-Free Ordinance On Eating And Drinking Places In Lincoln, Nebraska, Mary Mcgarvey, Eric Thompson, Bree Dority, Jyothsna Sainath

Bureau of Business Research Publications

The Lincoln Smoking Regulation Act which prohibited smoking in most public places and places of employment in Lincoln, Nebraska including restaurants and bars was implemented in January 2005. This report examines the impact of the ordinance on the following measures of business activity in Lincoln:

• Sales revenue of eating and drinking places

• Employment of eating and drinking places

• Gross revenues from keno.

We examine the impact of the ordinance during the year 2005, the first year that the ordinance was in effect. While restaurant and bar activity in Lincoln rose during 2005 by some measures, we focus …


Labor Force Implications Of Population Decline In Non-Metropolitan Nebraska, Randy Cantrell Oct 2006

Labor Force Implications Of Population Decline In Non-Metropolitan Nebraska, Randy Cantrell

Business in Nebraska

The most recent release of population estimates from the Census Bureau indicates that 70 Nebraska counties lost population between 2000 and 2005. These counties included 52 of the 53 that recorded population losses between 1990 and 2000, joined by 18 counties that had grown through the 1990s.

While those counties estimated to have lost population over the last five years included three of 11 micropolitan core counties, eight of ten outlying microplitan counties, and even one of seven outlying metropolitan counties, the great majority were nonmetropolitan. Of the 43 Nebraska counties containing no community of 2,500 or more residents, 42 …


Big Box Stores: Their Impacts On The Economy And Tips For Competing, Sean Golden, Noel Jeutang, Ratikanta Pattaik, David Rosenbaum, Eric Thompson Jun 2006

Big Box Stores: Their Impacts On The Economy And Tips For Competing, Sean Golden, Noel Jeutang, Ratikanta Pattaik, David Rosenbaum, Eric Thompson

Bureau of Business Research Publications

This is a study in three parts: the general impact of Wal-Mart and big box stores on the economy; an empirical look at Wal-Mart’s impacts on 15 Nebraska communities; and a review of research on ways that local retailers can compete against big box stores.

Part one suggests that Wal-Mart has both positive and negative impacts on the economy. Wal-Mart helps increase productivity and causes consumer prices to fall. Further, a number of studies found that employment increased in communities that received a new Wal-Mart store. However, other studies found that entry of a Wal-Mart failed to lead to net …


Manufacturing Rebounds, John Austin, Chris Decker, Tom Doering, Ernie Goss, Nick Hernandez, Bruce Johnson, Ken Lemke, Donis Petersan, Franz Schwarz, Eric Thompson, Keith Turner Jun 2006

Manufacturing Rebounds, John Austin, Chris Decker, Tom Doering, Ernie Goss, Nick Hernandez, Bruce Johnson, Ken Lemke, Donis Petersan, Franz Schwarz, Eric Thompson, Keith Turner

Business in Nebraska

National economic conditions will continue to favor growth over the next three years, including sustained increases in manufacturing employment. Higher energy prices, particularly for oil, gasoline, and natural gas, will impact the economy, but probably only will moderate economic growth rather than cause a significant slowdown.

After rapid growth in 2004 and 2005, growth in real gross domestic product is expected to moderate in 2006-2008, due to higher long-term interest rates as well as higher energy prices. Real gross domestic product will grow 3 percent in 2006 and fall to 2.5 percent growth in later years. The housing market will …


Report Of The Attorney General’S Task Force On Motor Fuel Pricing In Nebraska, Ernest P. Goss, Edward A. Morse, Eric Thompson Jan 2006

Report Of The Attorney General’S Task Force On Motor Fuel Pricing In Nebraska, Ernest P. Goss, Edward A. Morse, Eric Thompson

Bureau of Business Research Publications

In the wake of the devastation of Hurricanes Katrina and Rita, Nebraskans experienced a dramatic increase in the price of motor fuels. Although Nebraska was not impacted directly by the physical effects of these storms, damage to critical production, refining, and transportation facilities in the Gulf Coast region sent shock waves throughout the country. Attorney General Jon Bruning convened this task force for the purpose of studying these price movements and to analyze whether price-gouging activity may be occurring.

Motor vehicle fuels are a vital commodity. Businesses and consumers depend on a network of oil producers, refiners, and retailers and …