Omaha Branch News

Economic Disparities in Nebraska

September 30, 2020 | Nebraska Economist
Economic disparities in Nebraska existed well before the 2020 pandemic. Prior to the pandemic, Nebraska’s economy was well positioned, with low unemployment, steady job gains and an upward trend in household incomes. These economic indicators, however, have differed markedly across the state, particularly in the urban areas of Omaha and Lincoln. Read the latest issue of the Nebraska Economist to learn more about the state's economy. 

Hardship and hope: Voices reflect COVID-19's wrath—and cautious optimism

August 21, 2020 | TEN
Read about economic struggles and cautious optimism from workers, business owners and community leaders across the Tenth District during the early months of the pandemic in this TEN Magazine article

COVID-19 Disruptions in the U.S. Meat Supply Chain

July 31, 2020 | Ag Outlook

The emergence of COVID-19 in the United States has created substantial challenges for all segments of the meat supply chain, but especially for producers and consumers. Read More.

Online Nebraska Economic Forum Materials Now Available

July 31, 2020 | Economic Forums
View the recording or download the slides from the July 16 Nebraska Economic Forum. During the webinar, Omaha Branch Executive Nate Kauffman summarized economic developments in our region alongside the evolving COVID-19 crisis and examined potential implications for Nebraska's economic path forward. 

Food Supply Chains in the COVID-19 Era

April 17, 2020 | ten
During the COVID-19 pandemic, breakdowns or bottlenecks in any segment of the food supply chain could affect others up and down the chain. In this article, Omaha Branch Executive Nathan Kauffman sheds light on the food production supply chain and today's unique challenges. 

COVID-19 Economic Developments and U.S. Agriculture

April 16, 2020 | Economic Update

Omaha Branch Executive Nathan Kauffman joined the University of Nebraska-Lincoln's Department of Agricultural Economics for a webinar focused on recent national and regional economic developments connected to COVID-19 and implications for U.S. agriculture. View the slides here

Update on Agriculture and the Regional Economy

April 08, 2020 | Economic Update
Much of the near-term economic outlook is dependent on the trajectory of COVID-19. Review the April 8 update.  

Investment Connection - Response to COVID-19: Nebraska

March 31, 2020 | connections
In response to the effects of COVID-19, the Kansas City Fed has scheduled a special series of webinars to connect nonprofits with potential funders. Learn more

Omaha Economic Snapshot

January 24, 2020 | Economic Update
The Omaha Branch shared a snapshot of Omaha's economy heading into a new decade at the Greater Omaha Chamber's Economic Outlook Luncheon at the end of last year. View the resource for a glimpse at Omaha's population, per capita personal income and employment growth. 

Omaha Branch Welcomes New Director and Chair

January 10, 2020 | Board of Directors
L. Javier Fernandez, chief financial officer, Omaha Public Power District, was appointed to the Omaha Branch Board of Directors. Kimberly A. Russel, chief executive officer of Russel Advisors in Lincoln, was designated Omaha Branch board chair for 2020. Learn more about our Board of Directors

Nebraska Economic Databook

November 21, 2019 | Nebraska Economic Databook

The Nebraska Economic Databook provides current economic indicators to help monitor trends and allow comparison of past information. Download the Nebraska Economic Databook. 

Student Board Kicked Off 2019-2020 Year

November 13, 2019 | Branch News

The Omaha Student Board of Directors kicked off the 2019-2020 school year on November 13. Fourteen students from the seven Omaha Public High Schools met to learn about their participation in topics related to the Federal Reserve and their role in the economy. Read more

Events in Northeast Nebraska feature discussions on the economy

October 21, 2019 | Economic Forums

As part of a tour through Northeast Nebraska, which included an Economic Forum in Norfolk, Omaha Branch staff shared updates on the economy and learned about local economic conditions. 

Omaha Branch installs new sculpture downtown

June 01, 2019 | Branch News
The three-piece sculpture will provide a visually engaging connection to the Federal Reserve and personal finance concepts, while also contributing to the artistic landscape of the city. Learn more. 

Student Board recognized at pinning ceremony

May 30, 2019 | Branch News

Throughout the 2018-2019 school year Omaha Student Board of Directors met monthly to learn about topics related to the Federal Reserve and their role in the economy. The program concluded  May 23 with a pinning ceremony to recognize the participating students. Read more

Forums spur exchange of economic insights

May 16, 2019 | Branch News
During two recent Economic Forums hosted by the Omaha Branch in Kearney and La Vista, Kansas City Fed President Esther George and Omaha Branch Executive Nathan Kauffman shared updates on the regional and national economies with business, banking, community leaders, and educators. Read more. 

Faster growth: Larger, less crowded locations thriving

May 08, 2019 | ten
Jordan Rappaport, senior economist at the Federal Reserve Bank of Kansas City, researched population and employment growth nationwide. Omaha is a Tenth District location growing faster in population and employment than projected. Read more. 

About the Omaha Branch

April 22, 2019 | Fact Sheet
Staff at the Omaha Branch support the Fed's three mission areas of monetary policy, supervision and regulation of financial institutions, and financial services. Learn more about our focus areas.

100 Years Serving Nebraska

September 04, 2017 | Centennial
On Sept. 4, 1917, the Omaha Branch opened its doors as the first branch location for the Kansas City Fed and only the third branch in the entire Federal Reserve System. Learn about our history and about our focus areas today.

About the Omaha Branch

Money Blomes

The Omaha Branch welcomed a new public art installation this summer by Nebraska native Jake Balcom. The piece titled "Money Blomes" is located just west of 20th and Farnam and the Rose Theater.

The concept for the sculpture is "green and growing," which signifies the Kansas City Fed’s link to the economy, money and personal finance. The Money Blomes themselves feature three modern flower blooms that range from 9 to 12 feet in diameter. 

The 12 points on the blooms represent the 12 regional Federal Reserve banks that are located throughout the United States. The three stems are various heights and symbolize the growth of money through saving and investing, and the numerous intersecting lines reflect the interconnectedness of money and the economy on everyday lives. 

For more information on economic education, check out our free resources for educators, bankers, and consumers on the Kansas City Fed education page.

Nebraska Economic Forums

Economic Forums are an opportunity for the Kansas City Fed to share insights on the economy and also learn about local economic issues in our region. They include presentations from the Kansas City Fed on key regional economic issues and national trends, as well as an update on monetary policy objectives and concerns. There is no cost to attend, but registration is required. 

Presentations and information from past Nebraska Economic Forums 

Online Nebraska Economic Forum
July 16, 2020
Nebraska Economic Update: An Unsteady Path to Reclaiming the Summit
by Nathan Kauffman
Webinar recording

Omaha/La Vista Economic Forum
May 9, 2019
Speakers: Nathan Kauffman and Esther George

Kearney Economic Forum
April 5, 2019
Speakers: Nathan Kauffman and Esther George

Scottsbluff/Gering Economic Forum
May 8, 2018
Economic Development Update
by Dell Gines
U.S. and Nebraska Economic Outlook
by Nathan Kauffman

Lincoln Economic Forum
March 8, 2018
Speakers: Nathan Kauffman and Esther George

Omaha Economic Forum
September 7, 2017
Speakers: Nathan Kauffman and Esther George

Broken Bow Economic Forum 
June 27, 2017
Speaker: Nathan Kauffman

Scottsbluff/Gering Economic Forum
August 21, 2016
Nebraska Economic Outlook
by Nathan Kauffman
The U.S. Economic Outlook
by George Kahn

York Economic Forum
April 7, 2016
The Outlook and Monetary Policy
by Esther George
Nebraska Economic Outlook
by Nathan Kauffman

Kearney Economic Forum
November 12, 2015
U.S. Economic Outlook and Monetary Policy
by Jonathan Willis

South Sioux City Economic Forum
May 12, 2015
Regional Economic Update
by Nathan Kauffman

Lincoln Economic Forum
March 26, 2015
Nebraska Economic Update
by Nathan Kauffman

 

 

The Omaha Branch Turns 100

The Omaha Branch opened on Sept. 4, 1917, as the first branch office of the Federal Reserve Bank of Kansas City. Since then, the Omaha Branch has served as a local connection to the nation's central bank. Learn about the history of the Omaha Branch and how it has evolved over the years with the following resources. Additional information and a photo gallery are available on the Omaha Branch Centennial page

Omaha Fed Office Turns 100: Serving Main Street and the Broader Community
TEN Magazine | by Jennifer Clark

Always Been a Banking Town: Omaha's Bid to Become a Federal Reserve Bank Location
TEN Magazine | by Tim Todd

A History of the Omaha Branch of the Federal Reserve Bank of Kansas City
by Tim Todd


Staff at the Kansas City Fed's Omaha Branch:

- Provide insight and analysis on Nebraska's economy.

- Lead research on the agricultural economy for the Federal Reserve Bank of Kansas City and the Federal Reserve System.

- Build relationships, coordinate public outreach, and promote economic and financial education and greater knowledge of the Federal Reserve.

- Support community economic growth among low and moderate income and disadvantaged communities through research, resources and relationships with with economic developers and small business owners. 

- Promote a safe, stable and competitive banking system through the supervision and regulation of financial institutions while also providing proactive outreach to state member banks and bank holding companies.

- Host Economic Forums and speak to groups across the state to provide insights on the regional and national economy. 

- Meet with community and business leaders to learn about local economic conditions and gather diverse perspectives on the economy. 

- Offer the Student Board of Directors program for high school students in Omaha Public Schools to help increase their understand of economic, financial and career topics. 

View the Omaha Branch fact sheet 

Speeches


Sep 24, 2020 | Agricultural Finance Update

By Nathan Kauffman

Sep 22, 2020 | Economic Outlook for U.S. Agriculture

By Nathan Kauffman

Sep 2, 2020 | Agricultural Economic Outlook

By Nathan Kauffman

Apr 16, 2020 | COVID-19 Economic Developments and U.S. Agriculture

By Nathan Kauffman

More speeches