economy

Omaha
8:56 am
Wed June 27, 2012

No property tax increase in Douglas County's 2012-13 budget

Douglas County Commissioners are set to vote July 10 on the new fiscal year budget.

The county’s new fiscal year begins Sunday. Commissioners held a public hearing Tuesday on the $325 million budget proposal. Departments were asked to keep their budgets flat, and justify any requested increases.

Budget and Finance Director Joe Lorenz says the county won't have to dip in to its existing reserves to fund programs in the 2012-13 budget year.

Arts
2:30 pm
Mon June 18, 2012

Nebraskans for the Arts Reveal Study Results

Holland Center, Omaha

Omaha’s arts and culture industry is one the city can count on, according to a new report released last week.

The Arts and Economic Prosperity report shows arts and culture provides for 3,400 full-time jobs, both directly and indirectly, in Omaha.  

Marjorie Maas, Director of Nebraskans for the Arts, says the city’s arts and culture organizations provided 89 million dollars worth of economic impact last year, making up half of the state’s 174 million. 

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Omaha
4:00 am
Tue June 12, 2012

Open house Wednesday in Omaha on annexation of eight Sanitary Improvement Districts

 

The city of Omaha could soon grow by 6,353 residents.

An open house Wednesday in Omaha gives residents in eight Sanitary Improvement Districts to be annexed a chance to ask questions and find out what services might change. The SIDs are Lakeview Heights, Pepperwood, The Colonies, Seven Pines, Walnut Lake, Standing Bear, Hillsborough Plaza, and Pegasus.

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Business
10:16 am
Fri June 1, 2012

Economic growth slows in May, as national unemployment rate rises

A monthly survey of business conditions in nine Midwest and Plains states shows economic growth slowed in May.

Creighton University economist Ernie Goss compiles the Mid-America Business Conditions report.  The business conditions index, which measures overall economic health, slipped to 57.6 in May from 60 in April. However, it continues to show economic growth in the region.

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Business
9:16 pm
Sun May 6, 2012

Taxes, banking, Buffett's cancer diagnosis among the topics at Berkshire Hathaway meeting

Berkshire Hathaway CEO Warren Buffett says he’s “feeling terrific” following his diagnosis of stage one prostate cancer.

Buffett’s cancer was among the first round of questions fielded Saturday morning at Berkshire’s annual shareholders meeting. The 81-year-old Buffett announced last month he had stage one prostate cancer, and will begin treatment in July. He told shareholders that he has four doctors, who’ve told him he won’t need to be hospitalized or take a day off work.

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Business
8:21 am
Wed May 2, 2012

Mid-America Business Conditions report shows continued economic growth in April

 

A survey of supply managers in nine states shows the economy is growing, in spite of continued troubles at the national level.

Creighton University economist Ernie Goss oversees the Mid-America Business Conditions survey. The Business Conditions Index, an overall indicator of economic health, climbed to 60 in April. A number above 50 indicates economic growth.  Goss says healthy agricultural and manufacturing sectors are to credit for the growth.

Business
3:36 pm
Mon April 9, 2012

Walmart Supercenter coming to north Omaha

A new Walmart Supercenter will open next year at 50th and Ames Streets.
image courtesy Walmart

A new Walmart Supercenter in north Omaha is expected to create 275 jobs when it opens next year.

Walmart and city officials announced Monday that the Supercenter will be built at 50th and Ames Streets. Construction is scheduled to begin later this year. Mayor Jim Suttle says the project is important to north Omaha’s quality of life, as it'll provide a place for residents to buy household items, fresh fruit and vegetables, and other goods.

Suttle says he’s encouraged by the growth along the Ames corridor in the past year from 30th to 72nd Streets.

Business
1:49 pm
Thu March 29, 2012

Study shows $729 million economic impact from Midtown Crossing development

A nighttime view of Omaha's Midtown Crossing.
courtesy Google Images

A new study shows Omaha’s Midtown Crossing generated more than $26 million dollars in tax revenue for the city and state over the past five years, with an overall economic impact of $729 million during that time.

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Omaha
2:04 pm
Wed March 21, 2012

Task Force to study solutions to substandard housing, problem landlords

 

The city of Omaha is forming a task force to study solutions to problem landlords and poor rental housing.

Kevin Denker, Chief Housing Inspector for the city of Omaha, says his department has 4,000 active complaints they’re investigating. Some of those are multiple dwellings in one building. Denker says the Housing Division gets about 120 complaints a month. That number rises to 180 in the summer.

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Omaha
8:49 am
Tue March 20, 2012

City of Omaha, Empowerment Network partner on program for youth

The city of Omaha is putting $300,000 toward a new job training program for young people.

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