First National Bank Releases Report on Global Impacts in 2019 Midwest Economy

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First National Bank Releases Report on Global Impacts in 2019 Midwest Economy

First National Bank (www.fnbo.com) has released a white paper, titled “Global Impacts: The Midwest/Rocky Mountain Economy in 2019,” focusing on how global trends will impact the Midwest/Rocky Mountain regional economy in 2019. Key themes discussed in the report include rising interest rates; global trade and tariffs; agriculture, manufacturing, and financial services industries in the region; and what to expect in 2019.

According to First National Bank’s leadership team, the Midwest/Rocky Mountain regional economy is enjoying robust growth. Business and consumer sentiment are positive. Investment and employment are on the upswing. The environment is fertile with innovation across the region’s major industries—agriculture, manufacturing, and financial services—as well as related fields like information technologies, materials science, energy, healthcare, and travel/tourism. Looking ahead, however, questions arise about the maturing business cycle, rising interest rates, unpredictable developments around trade and tariffs, and an ongoing slump in global agricultural commodity prices.

“From our perspective, we are optimistic and projecting solid growth throughout the region in 2019,” said Jack Weeks, Lincoln market president. Learn more in the full version of the white paper: www.fnbo.com/commercial-banking/global-impact.

First National Bank (www.fnbo.com) is a subsidiary of First National of Nebraska. First National of Nebraska and its affiliates have more than $23 billion in assets and 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota, and Texas.

 

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