The Flash Index rose to 105.5 in November, but omicron, inflation could still leave a mark
URBANA – The state’s economy continues to grow at a good pace, according to the monthly Flash Index from the University of Illinois The Flash Index rose slightly in November, reading 105.5, compared to its October reading of 105.4. Any number above 100 shows economic growth. Economist Fred Giertz, who compiles the Flash Index for […]
The Flash Index was down in October, as Illinois follows the national pattern of a slowing economic recovery
URBANA – Illinois’ economic growth slowed down in October, according to the University of Illinois Flash Index. The Flash Index reading for October is 105.4, down from the September reading of 106.0. This puts the Flash Index’s measure of the Illinois economy at its lowest point since six-tenths of a point from September, sending the […]
The Flash Index shows the Illinois economy grew at a faster pace in September
URBANA – After two months of slight declines in the rate of growth, the Flash Index to the Illinois economy rose in September to 106.0. The latest reading shows a sixth straight month of economic growth in the state. Illinois and the U.S. as a whole went through a recession induced by the COVID-19 shutdown […]
Economist: Illinois Economy Still Healthy, Despite 2nd Month Of Growth Rate Decline
URBANA – After rising to its highest level in six years, the Flash Index of the Illinois economy has declined over the past two months, from 106.0 in June, to 105.8 in July and to 105.6 in August. But the economist who compiles the index says he still isn’t concerned about the condition of the […]
Small Dip In Flash Index Suggests Illinois Economy’s Plateau
URBANA – The University of Illinois Flash Index reading of 105.8 in July showed the Illinois economy growing at a slightly slower pace, compared to June’s reading of 106.0. But the economist who compiles the index doesn’t think the state’s economic growth rate is going down. “I think it’s more like, not a real decline, […]
Illinois Flash Index Continues To Rise
URBANA – The Illinois economy is growing at its highest rate since 2015. That’s according to the latest University of Illinois Flash Index. Listen to this story here. The Flash Index measured the state’s economy at 106.0 for June, well above the 100-level that divides growth and decline. The June reading is higher than May’s […]
Illinois Economy Rebounding, According To Flash Index
URBANA – The Illinois economy has been in growth mode for two months in a row, according to the University of Illinois Flash Index. Any reading above 100 on the Flash Index means economic growth. The May reading was at 105.3. That’s up from April’s 101.5, and almost as high as the February 2020 reading […]
Flash Index Shows Improving Illinois Economy For March
URBANA – The Flash Index showed a strong improvement in Illinois’ economy over the past month, rising from February’s reading of 96.6 to 97.8 for March. The increase comes after several months of steady but slower improvement, as the Illinois economy recovers from last year’s deep downtown caused by the COVID-19 shutdown. University of Illinois […]
Flash Index Continues Slow, Steady Recovery
URBANA – The Illinois economy continued its slow recovery in January, according to the University of Illinois Flash Index. Listen to this story here. The Flash Index measured the state’s economy at 96.3 for the first month of 2021. That’s up from 95.9 the month before. Any Flash Index reading below 100 indicates economic contraction. […]
December Flash Index Shows Slow, Steady Recovery For Illinois Economy
URBANA – The Illinois economy continued its slow recovery from the COVID-19 pandemic in December, according to the University of Illinois Flash Index. The monthly report measured the state’s economy at 95.9 in December, up from 95.6 in October and November. The number shows an improvement in the state economy since the Flash Index dropped […]
Flash Index Shows Slow Improvement In Illinois Economy
The economist who prepares the University of Illinois’ Flash Index to the Illinois economy says if things continue on their present course, Illinois could return to economic growth in about half a year. The Flash Index, released this week by the university’s Institute of Government and Public Affairs, measured the Illinois economy at 95.1 for […]
Flash Index Shows Contraction Of Illinois Economy
The latest readings of the Flash Index show the Illinois economy quickly shifting from growth to contraction during the coronavirus pandemic. The Flash Index has been above 100 for the past eight years, indicating economic growth in Illinois during that period. But University of Illinois economist Fred Giertz says that all changed as coronavirus stay-at-home […]