Let the Good Times Roll Nebraska\u27s Economic Outlook for the Next Two Years

While the nation\u27s economy is expected to grow slowly over the next two years, Nebraska\u27s economic health will remain vigorous. The confluence of strong agricultural income and overall strength in Nebraska\u27s nonfarm economy will yield solid advances in employment as well as rapid growth in income and sales. Employment Gobs) will advance 1.8 percent in both 1997 and 1998. Nonfarm personal income will advance 6.7 percent in 1997 and 5.4 percent in 1998. Net taxable retail sales will advance 6.7 percent in 1997 and 6.0 percent in 1998 (Figure 1, Tables 1 and 2). The only concern is whether all employers will be able to recruit enough new workers. Nebraska\u27s Agricultural Economy Nonfarm Employment Nonfarm Personal Income Net Taxable Retail Sale