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 […]
Concern about the coronavirus has affected the stock market. But so far, it hasn’t impacted Illinois’ economy, as measured by the University of Illinois Flash Index. The Flash Index was up by three tenths of a point in February, to 105.7, its highest rating in over four years. Any reading over 100 reflects economic growth […]
The Illinois economy continues to grow at a steady rate. The University of Illinois Flash Index ticked up to 105.6 in December, slightly higher than November’s 105.4. Any number above 100 indicates economic growth.