A Soft Landing and a Long Layover

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
Philip Baker, Nebraska Department of Labor
Bruce Johnson, University of Nebraska-Lincoln
Lisa Johnson, Lincoln Partnership for Economic Development
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

Document Type

Article

Publication Date

7-1-2007

Publication Title

Business in Nebraska

Volume

62

Issue

687

Abstract

The U.S. economy achieved a soft landing in 2006. This was a desirable outcome. The economy needed a break from its rapid, and potentially inflationary, growth in 2004 and 2005, before taking off again. But, that new flight has been delayed. The aggregate economy has remained mired in slow growth in the first half of 2007. Pockets of the economy, such as the labor market, have been strong, but a weak housing sector has limited overall growth. Further, signs point to one or two more quarters of weaker growth, before the economy is able to take off again.

Recommended Citation

Austin, John; Decker, Chris; Doering, Tom; Goss, Ernie; Baker, Philip; Johnson, Bruce; Johnson, Lisa; Lemke, Ken; Schwarz, Franz; Strain, Scott; and Thompson, Eric, "A Soft Landing and a Long Layover" (2007). Economics Faculty Publications. 3.
https://digitalcommons.unomaha.edu/econrealestatefacpub/3