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Board members report strong construction activity, data centers and cautious labor signs across Nebraska
Summary
Members of the Nebraska Economic Forecasting Advisory Board described brisk local construction and large data‑center projects, steady but cautious hiring in some areas, and uncertainty tied to tariffs, materials prices and timing of incentive-driven refunds.
Board members used the Oct. 31, 2025 meeting to report local economic conditions and how they affect state forecasting. Multiple members said construction activity remains elevated in several regions, but that high input costs, land prices and infrastructure expenses have made some developers cautious.
“One of the big drivers is data centers,” a member said in discussion of local planning and energy needs. Members noted large data-center projects in the Omaha–Lincoln region and pointed to the…
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