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. […]
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 […]
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 […]
Illinois Officials Announce 4th Positive Test For Virus CHICAGO — Health officials say a person in Illinois has tested positive for COVID-19, becoming the fourth suspected case in the state. The woman is the spouse of the third patient, whose case was announced over the weekend. The Illinois and Cook County public health departments made […]
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.