Lincoln's Economy

One of the good things about a city the size of Lincoln is the relatively stable nature of its economy. Location and population of the city have served to create a stable environment that can weather even recession conditions. While a lot of this stability is the result of home-grown businesses that serve the population in general (for example, hydro excavation by the city to put in underground infrastructure) without a few key employers, the entire Lincoln economy might vanish. Let's take a look at a few of the businesses in Lincoln that keep the money circulating in the community.

State Government

Lincoln is, of course, the capital of the state of Nebraska, and any capital city has a guaranteed base for a stable economy. Government is big business, with very reliable income gathering techniques in the form of taxes, fines, and lateral transfers from other organizations. The capitol buildings in Lincoln see representatives from around the state arriving all year round for sessions, where they create laws governing everything from proper lifting sling uses on construction sites to state copyright protection.

Elected officials are not the only employees who contribute to Lincoln's economic stability. Government depends on the work of countless bureaucrats and other employees who see to the day-to-day workings of the system, and all contribute to the economy of the city.

University of Nebraska

The main campus of the University of Nebraska is located in Lincoln, and is yet another organization that provides guaranteed employment even in leaner times. Universities continue to recruit students and carry on with scientific research and experimental development even in the midst of a recession; in fact it is this type of work that generally gets the economy rolling again. Students, professors, deans, and support staff all provide a valuable contribution to the foundation of Lincoln's economy. The University, in turn, assures a place of employment for many Lincoln residents.

Bryan LGH Medical Center

The third single largest employer in the city is Bryan LGH. This company provides the majority of top tier health care within the Lincoln region, which means of course a lot of money moving through the system. Not only is that money derived from patient care, but jobs are created even with the most menial seeming aspects of the medical industry. Sterilized equipment must be seen to be so through the use of a tamper evident band and other equipment, which has to be manufactured, shipped, unloaded, and stored before use. All of these steps require the work of separate employees, all of whom are paid in wages which support local businesses.

On that foundation, the rest of the economy of Lincoln is built. The construction workers using a sheet metal crimper, the servers in your favorite restaurant, even the mayor all count on these institutions to keep the economic ball rolling in Lincoln.