A Soft Landing, Steady Growth, and Accelerating Farm Income

Authors

John Austin, University of Nebraska-Lincoln
Chris Decker, University of Nebraska at OmahaFollow
Tom Doering, Nebraska Department of Economic Development
Ernie Goss, Creighton University
Nick Hernandez, Nebraska Department of Labor
Bruce Johnson, University of Nebraska-Lincoln
Ken Lemke, Nebraska Public Power District
Franz Schwarz, Nebraska Department of Revenue
Scott Strain, Greater Omaha Chamber of Commerce
Eric Thompson, University of Nebraska-Lincoln
Keith Turner, University of Nebraska at Omaha

Document Type

Article

Publication Date

12-2006

Publication Title

Business in Nebraska

Volume

61

Issue

685

Abstract

After years of accelerating growth, the U.S. economy achieved a soft landing in 2006. The rate of economic growth remained positive but slowed sufficiently to reduce inflation pressures and the need for further interest rate increases. At the same time the economy remained strong enough to continue the current expansion which has been in place since late 2001. Such a soft landing is vital because it should allow the economy to continue to expand for years to come, but with moderate inflation.

Recommended Citation

Austin, John; Decker, Chris; Doering, Tom; Goss, Ernie; Hernandez, Nick; Johnson, Bruce; Lemke, Ken; Schwarz, Franz; Strain, Scott; Thompson, Eric; and Turner, Keith, "A Soft Landing, Steady Growth, and Accelerating Farm Income" (2006). Economics Faculty Publications. 2.
https://digitalcommons.unomaha.edu/econrealestatefacpub/2