Document Type

Article

Publication Date

8-1976

Abstract

This issue of Review of Applied Urban Research features "Local Economic Indicators, Second Quarter, 1976: Omaha's Economy Expands Steadily."

The first half of 1976 was a period of steady economic growth in Omaha. Among the strongest indicators of economic advancement are those in construction activity. The number of single-family building permits increased from 385 units during the first quarter of 1976 to 453 units during the second quarter of 1976. Multi-family permits were up over both the first quarter of 1976 and the second quarter of 1975. The total number of nonresidential permits increased from 151 units valued at 7.9 million dollars during the first quarter of 1976 to 247 units valued at 10.4 million dollars during the second quarter of 1976. The total number and value of mortgages also continued to rise. As in the past, mortgage lending was greatest in western subareas of Omaha.

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