The latest University of Illinois Flash Index shows the state’s economic growth rate continuing its year-long, near-steady decline. The Index fell from 103.1 in March, to 102.9 in April. It had been as high as 106.1 in March 2022. Any Flash Index reading above 100 indicates a growing economy in Illinois.
After an increase to 103.4 in February, the Flash Index for March dropped back to its January level of 103.1. Except for that one-month increase, the Flash Index has been declining since a peak of 106.1 in March of 2022. (Any reading on the Flash Index above 100 indicates economic growth.)
Following a year of declines – the state’s economic growth rate increased last month, albeit slightly. The University of Illinois Flash Index rose from January’s 103.1 to 103.4 in February.
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
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
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
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
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,
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
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
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
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.
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
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
Every month, the University of Illinois Flash Index analyzes Illinois tax receipts to provide a quick measurement of the Illinois economy. But the disruption caused by the coronavirus outbreak is making that impossible for now. Professor emeritus in economics Fred Giertz produces the Flash Index for the University of Illinois Institute of Government and Public