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Chamber & County News


Fed report: Nebraska's urban economy has grown modestly

(Nebraska Radio Network) -- reports that an analysis by the Federal Reserve Bank of Kansas City "shows a growing disparity between urban and rural Nebraska, caused by falling commodity prices since 2013." According to the story, regional economist Nathan Kauffman "says Omaha and Lincoln have grown modestly since the Great Recession." However, the agricultural economy has softened "since 2013 and continues to weaken further" after seeing "strong economic growth from 2006 through 2012." According to Kauffman, "trade could help rural Nebraska" since "Canada, Mexico, Japan, and China buy 65% of Nebraska's exports."