Tag: J. Fred Giertz

Illinois’ economic growth rate continues to slow down: Flash Index

Illinois’ economy is growing at an increasingly slower rate. That’s according to the University of Illinois’ monthly Flash Index. The Flash Index has been declining for the past seven months. It measured the Illinois economy at 103.7 in October, down four-tenths of a point from September’s 104.1 reading, and down 2.4 points from its post-recession

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 Record Jump In Illinois Economy

URBANA — For the first time in 13 months, the Illinois economy is expanding, according to the University of Illinois Flash Index. The Flash Index reading for April is 101.5, surging above 100 for the first time since February 2020, when it was at 105.7. The COVID-19 pandemic sent the Flash Index below 100 starting

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