Nebraska’s leading economic indicator rose during December, according to the most recent report from the University of Nebraska-Lincoln.
The leading indicator, a composite of economic factors that predict economic growth six months into the future, rose by 1.10%.
Economist Eric Thompson, director of the Bureau of Business Research at UNL, said the increase signals "modest" growth in the state through June.
Thompson said strong business expectations were a main reason for the increase. Respondents to the December Survey of Nebraska Business reported plans to increase sales and employment over the next six months.
A rebound in building permits for single-family homes also contributed to the rising indicator.
Matt Olberding
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.
