Steady economic growth expected for Nebraska

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Posted: Saturday, March 22, 2014 12:00 am

Heightened business expectations and a drop in unemployment claims contributed in February to a continued positive outlook for economic growth in Nebraska, according to the latest Leading Economic Indicator for Nebraska.

The indicator grew by 0.99 percent in February, considered moderate growth. The indicator has been volatile but has grown in four of the last six months, with gains outpacing declines.

“The Nebraska economy is expected to grow steadily in 2014, with the pace of growth accelerating later in the year,” said University of Nebraska-Lincoln economist Eric Thompson, director of the Bureau of Business Research, which developed the indicator.

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