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Ricketts Highlights Nebraska's Economic Growth in 2019
Nebraska Ag Connection - 01/20/2020

Last week, Governor Pete Ricketts highlighted news from the Bureau of Economic Analysis (BEA) that Nebraska's GDP growth surpassed the national average during the third quarter of 2020. Previously, the BEA reported that Nebraska's GDP growth had exceeded the national average in both the first and second quarters of 2019.

"In spite of unprecedented flooding and other unforeseen challenges, Nebraska is strong, resilient, and growing. In 2019, Nebraska outpaced the national rate for GDP growth through the first three quarters of the year."

A comparison of Nebraska's GDP growth and U.S. GDP growth so far in 2019 is listed below.

Q1: National (3.1%); Nebraska (3.4%)

Q2: National (2.0%); Nebraska (2.4%)

Q3: National (2.1%); Nebraska (2.3%)

The BEA will release state GDP growth rates for the fourth quarter of 2019 on April 7, 2020.


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