(Neb.) - Report says Nebraska GDP growth was sluggish

By: John Thayer Posted at: 06/11/2012 11:35 AM
LINCOLN, Neb. (AP) - A federal report suggests Nebraska's economy was sluggish last year despite increases in personal income and tax collections and a further drop in the state's unemployment
rate.
    
The state was near the bottom of a Commerce Department report on the growth of gross domestic product in each state.
    
The report says Nebraska's real GDP grew 0.1 percent last year, compared with 3.5 percent growth in 2010.
    
Eric Thompson of the Bureau of Business Research at the University of Nebraska-Lincoln says he couldn't explain why the figure was so low.
    
Neither could Creighton University economist Ernie Goss, who said it was "surprising that we didn't have better growth."

    
     (Copyright 2012 by The Associated Press.  All Rights Reserved.)

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