Fed report: State adds jobs in transportation, manufacturing

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Posted: Friday, March 21, 2014 12:00 am

Nebraska’s transportation sector saw an employment turnaround in the fourth quarter, according to federal data cited by the Omaha branch of the Federal Reserve Bank of Kansas City.

In the central bank’s most recent release on economic activity in Nebraska, the transportation sector posted an employment gain of almost 6 percent compared to the fourth quarter of 2012. In the previous year’s reading, the sector reported a decline in employment.

Other sectors with impressive gains in the fourth quarter were wholesale trade, leisure and hospitality, retail and manufacturing.

The report described the manufacturing industry as “an economic engine in rural areas of Nebraska where employment is twice as concentrated as metro areas.” It’s also one of few sectors wherein workers saw their average hourly earnings increase.

Gains in these and other industries helped offset slower growth in the agriculture sector due to lower crop prices, the report stated.

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