The Federal Reserve Bank of Kansas City has a new report on Nebraska’s economy.
Omaha Branch executive Nathan Kauffman says a tight labor market and low ag commodity prices slowed economic growth last year.
He says Omaha and Lincoln are thriving, because employers can tap into their larger and more skilled labor force.
Kauffman says rural areas are feeling the impact the most.
Kauffman says Nebraska households appear to be in a relatively strong financial position with solid job opportunities and higher wages.
