Nebraska Economic Indicator Rises Slightly, Moderate Growth Expected in 2013
Nebraska's Leading Economic Indicator, produced by the University of Nebraska-Lincoln's Department of Economics and Bureau of Business Research, shows that Nebraska business grew slightly in February.
The report looks at six components that predict future economic growth: single-family buildingpermits, airline passenger counts, initial unemployment claims, manufacturinghours, the value of the U.S. dollar, and business expectations gathered fromthe Survey of Nebraska Business.
According to the Indicator which showed an increase of 0.16 percent in February, the state's economy is expected to grow moderately in the summer months.
"Strong growth in business expectations led to therise," said UNL economist Eric Thompson, director of the Bureau ofBusiness Research. "Respondents to the Survey of Nebraska Businesspredicted solid increases in sales and employment in their businesses over thenext six months."
Find the full report at http://www.cba.unl.edu.