Nebraska Economic Panel Expects Slower Job Growth

By: Associated Press Email
By: Associated Press Email

State forecasters expect Nebraska's economy to remain steady over the next two years, while the nation continues its long journey to recovery.

In its latest report, the Nebraska Business Forecast Council says slower state job growth is expected this year in the state, but should strengthen in 2013.

Non-farm income growth is expected to slow because of lower inflation this year, while farm income drops a little from last year's record levels.

Eric Thompson is director of the University of Nebraska-Lincoln Bureau of Business Research, which publishes the biannual forecast. He says the state's growth should hover "near national levels" rather than exceeding them, as has been the case in recent years.

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