Nebraska
For the seventh straight month, Nebraska’s overall, or Business
Conditions, index remained above 50.0. The July index, a leading
economic indicator from a survey of supply managers in the state, rose
to a solid 55.5 from June’s 55.2. Components of the index for July were
new orders at 60.1, production or sales at 61.8, delivery lead time at
52.2, inventories at 53.2, and employment at 50.3.
“Expansions for non-durable goods producers, including food processors, more than offset pullbacks for durable goods manufacturers for the month. While year-over-year job growth has been less than the region and the nation, average weekly wages for Nebraska workers advanced by 2 percent over the past 12 months, approximately the same as inflation, but well ahead of regional wage growth,” said Goss.
See all 9 State Supply Manager Reports on Creighton's Heider College of Business.
“Expansions for non-durable goods producers, including food processors, more than offset pullbacks for durable goods manufacturers for the month. While year-over-year job growth has been less than the region and the nation, average weekly wages for Nebraska workers advanced by 2 percent over the past 12 months, approximately the same as inflation, but well ahead of regional wage growth,” said Goss.
See all 9 State Supply Manager Reports on Creighton's Heider College of Business.