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Nebraska Economic Indicator Drops

Nebraska Economic Indicator Drops

Photo: clipart.com

Nebraska’s leading economic indicator dropped for the first time in six months after the latest survey results.
University of Nebraska-Lincoln’s Bureau of Business Research Director Eric Thompson maintains that it it will be critical to monitor leading indicator values over the next few months to see if this trend continues.

Thompson says that while initially it may not present troubling news, it bears monitoring over the next few months.

Thompson says business expectations remain positive in July, but single-family building permits and manufacturing hours both fell during the month, while initial unemployment claims rose.

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