University of Nebraska-Lincoln Bureau of Business Research Director Eric Thompson says the bureau’s latest survey discloses an upward trend.
“Nebraska has a much lower unemployment rate, so households have better spending power here in Nebraska,” Thompson tells Nebraska Radio Network affiliate KLIN. “So, those good economic conditions have been translated into an optimistic outlook on the part of business this year.”
Nebraska businesses seem optimistic about the future, though they do have a growing worry.
Thompson at the University of Nebraska-Lincoln says, in general, businesses are bullish on the economy, yet they have an over-riding concern.
“Increasingly, we’re seeing businesses not talk about inflation or gas prices, but focus on finding workers with the right skills; workers just with good working habits,” according to Thompson.
While the overall state economy appears strong, there are regional concerns.
“What we saw in terms of the regional pattern was businesses were most optimistic in the Omaha area, but then in the Lincoln and central Nebraska area, they were about average and it was west Nebraska and the northeast were businesses were not optimistic,” Thompson says.
Jane Monnich, KLIN, contributed to this report.