Illinois Economy Continues Slow Growth
A monthly survey indicates the Illinois economy continues to be sluggish, but growing.
A monthly survey indicates the Illinois economy continues to be sluggish, but growing.
The University of Illinois Flash Index measured the state’s economy for April at 104.3, down a tenth of a point from March. Any number above 100 on the Index represents a growing economy.
The Flash Index of the Illinois economy fell to 104.7 in July, down from 105.0 in June. The reading indicates that that state economy continues to grow, but more slowly than before.
The Flash Index to the Illinois economy moved up slightly in February, reaching 105.6 after two months of declines.
University of Illinois Ecomomist Fred Giertz says the monthly Flash Index fell to 105.3 in January from 105.5 a month earlier, which he says is consistent with a national slowdown. But he says the economy is growing, just at a slower rate. Giertz also says it's unclear if Illinois' now 8-month budget impasse is having much of an impact.