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Nebraska Headed to a Business Slowdown

Nebraska Headed to a Business Slowdown

Photo: WNAX


Nebraska’s economy might be slowing down.
The leading economic indicator followed by the Bureau of Business Research at the University of Nebraska-Lincoln dropped for the first time this year.
Director Eric Thompson says Nebraska businesses remain optimistic. . .

Thompson says the decline implies Nebraska might lose economic momentum during the fourth quarter. . .

Thompson adds that initial claims for unemployment insurance also rose during April, indicating a softening of the labor market.