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Business, consumer confidence remain strong in March

Business, consumer confidence remain strong in March

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Consumer and business confidence remained strong in Nebraska, according to the latest monthly surveys from the Bureau of Business Research at the University of Nebraska-Lincoln.

Responses to the March Survey of Nebraska Households indicate that consumer confidence rose well above the neutral level of 100, with a reading of 110. The reading was a significant increase from the February value of 103.2 and the highest level since June.

Nebraska business confidence stood at 108.9, based on responses to the March Survey of Nebraska Business. That was up slightly from a reading of 108.2 in February.

Eric Thompson, an economist who serves as Bureau director, said only 8% of businesses reported flooding or other weather-related issues as their top concern in March. He cautioned, however, that the survey was done in early March, so flooding concerns are more likely to show up in next month's results.


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Business reporter

Matt Olberding is a Lincoln native and University of Nebraska-Lincoln graduate who has been covering business for the Journal Star since 2005.

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