Nebraska’s economy slows in May

Information businesses in Nebraska — such as publishing companies — struggled in May and inflation continued to be a concern. That’s according to a new survey of supply managers and business leaders in the state. Creighton University economics professor Ernie Goss oversees the monthly survey. The problems for information companies in the state offset strong performances other businesses reported.

Durable goods producers in the state — especially ones with strong ties to the farming — reported strong growth for May. The state’s overall economic index slipped in May to 50.3. The rating was 51 in April. Any score greater than 50 on the index indicates an expanding economy over the next three to six months.