AGP Executive Report
Last update: 11 hours agoState Budget: Nebraska’s projected deficit has widened to about $1.2 billion after forecasters cut revenue estimates by $355 million over the next two years, putting pressure on lawmakers to limit spending. Investment: Federal officials approved 28 Nebraska opportunity zones, from Omaha and Lincoln to Scottsbluff and North Platte, offering tax incentives intended to attract private investment, create jobs and support workforce housing. Rural Innovation: Applications are open for the Nebraska Rural Health Technology Catalyst Fund, which will back technology ventures addressing rural health care needs and aims to draw investment into the state. Omaha Businesses: Mercury bar plans to close in January after its owner said streetcar construction hurt access and sales; other businesses along the route have also shut down. Regional Economy: Creighton’s October business conditions index rose to 56.1, signaling continued manufacturing growth across nine Midwestern states, though job gains are lagging output. Workforce: Nebraska’s Department of Labor has launched a rapid reskilling and reemployment initiative for dislocated workers.
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