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July Nebraska Leading Economic Indicator

By Mark Vail Aug 22, 2024 | 5:18 AM

All six components of the July Nebraska Leading Economic Indicator were higher.  Business expectations, building permits for single-family homes, airline passenger counts, initial claims for unemployment insurance, the value of the U.S. dollar and manufacturing hours worked improved during the month leading the overall indicator to a gain of 1.72%.

Dr Eric Thompson tells KLIN News single-family home building permits were the strongest component gaining 0.89%.

The report is designed to predict economic activity six months into the future.  The full report is available here