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Slow Growth And Uncertainty, Eric Thompson, University Of Nebraska-Lincoln
Slow Growth And Uncertainty, Eric Thompson, University Of Nebraska-Lincoln
Business in Nebraska
SLOW GROWTH AND UNCERTAINTY
U.S. Macroeconomic Outlook
A lingering financial crisis, economic shocks, and economic policy have combined to derail the self-sustaining recovery in the United State economy. Growth has slowed to a crawl and the risk of another recession runs high. What has happened? To begin with, the Great Recession of 2008 and 2009 continues to impact the construction sector and state and local government employment. New housing construction remains depressed, causing construction employment to drift downward. With tax revenues below pre-recession levels, state and local government employment continues a steady decline. The market also continues to face unexpected …
Entrepreneurship In Nebraska, Van Tran, Eric Thompson, William Walstad
Entrepreneurship In Nebraska, Van Tran, Eric Thompson, William Walstad
Business in Nebraska
ENTREPRENEURSHIP IN NEBRASKA
Recent trends in economic indicators such as unemployment rates and job growth clearly favor Nebraska. However, these trends may differ from the state’s performance in core measures of economic strength such as entrepreneurship, net migration and capital formation. Given this, the University of Nebraska - Lincoln Bureau of Business Research seeks to track these core economic measures in Nebraska and in all U.S. states.
The state entrepreneurship index is one effort to track these core trends. Specifically, the index is used to track entrepreneurship in Nebraska and compare with the other forty-nine states.
The index was developed …
The Tentative Recovery Strengthens, Eric Thompson, University Of Nebraska-Lincoln
The Tentative Recovery Strengthens, Eric Thompson, University Of Nebraska-Lincoln
Business in Nebraska
U.S. Macroeconomic Outlook
The U.S. economy has transitioned to a self-sustaining recovery fueled by the private sector. Steady improvement in consumer spending and strong increases in business investment has fueled solid growth in gross domestic product and rapid growth in industrial output. Such a strong industrial economy is typically a bellwether for solid, sustained economic growth. Another reason for optimism is that much of the excess has been wrung out of the U.S. economy. Household spending is now better in-line within income, home prices are at sustainable rather than elevated levels, and balance sheets have improved for many businesses. In …