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Journal Article
"Producing" Growth
In contrast to the nation as a whole, goods-producing industries have accounted for much of the recent economic growth in Nebraska. Persistent demand growth for food, alongside construction, have been significant drivers of growth, both recently and longer-term. Moreover, a concentration in manufacturing has generally been a source of strength for Nebraska's economy, particularly in rural areas.
Journal Article
Hybrid Work May Pose Challenge to Bars and Restaurants in Parts of the Tenth Federal Reserve District
As remote or hybrid work continues to be popular, office attendance has fallen. Less in-person work may increase office vacancy rates and reduce foot traffic to other businesses located in office-dense areas. Compared with the national average, most states in the Tenth Federal Reserve District have a lower share of office space in office-dense areas, but some of these areas have a higher share of bars and restaurants. The outlook for these businesses may depend on how foot traffic within office-dense areas evolves.
Journal Article
Leisure and Hospitality: Strong Demand and Supply Constraints
Strong household finances, along with pent-up demand from the pandemic, has fueled discretionary spending on recreation and experiences for Nebraskans.
Journal Article
Nebraska's Tight Labor Market: An Update to Long-Running Shortage Concerns
Labor markets have been tight in Nebraska for almost a decade. Increasing participation among the youngest members of the labor force could help.
Journal Article
Federal Enhancements to Unemployment Insurance Supported Tenth District Incomes in 2020
Federal supplements to state unemployment insurance mitigated income losses from COVID-19-related disruptions across the country. In the Tenth Federal Reserve District, many workers who lost jobs had their wages at least fully replaced by federally supported unemployment insurance. In some district states, total income—the sum of unemployment benefits and wages earned from employment—exceeded levels that might have been observed in the absence of the pandemic.