The Dow Jones Industrial Average, a price-weighted stock market index tracking 30 large companies listed on U.S. exchanges, turned 130 years old on May 26. Currently, there are no Illinois based companies listed on the Index. However, there have been some notables over the years. Kraft Foods Most Americans grew up recognizing the iconic blue-boxedContinue reading “The Dow turned 130 years old. Here are some Illinois based companies formally part of the Index”
Monthly Archives: May 2026
Memorial Day Weekend Gas Tracker
The average price for gas in the United States is currently above $4.50, with some states posting higher amounts than others. This has been the highest recorded since the summer of 2022. Here in Illinois, gas prices are on the higher end – nearly approaching $5.00 on average. However, because most of the population inContinue reading “Memorial Day Weekend Gas Tracker “
Illinois lagged behind rest of nation in manufacturing output in April
Federal Reserve data recently reported that industrial production in the United States increased 0.6 percent in the month of April. Remarkably, this was the fourth straight month showing a gain. While this news presents optimism for the nation as a whole, recent data from the Chicago Purchasing Managers’ Index (CPMI) indicates a contraction of theContinue reading “Illinois lagged behind rest of nation in manufacturing output in April”
The enigma of high prices and consumer spending
A recent report by the U.S. Bureau of Labor Statistics noted that prices increased 0.6 percent in the month of April, mainly due to oil supply disruptions from the War in Iran. At that pace, prices are expected to increase by about 3.8 percent annually. The growing concern isn’t just how high prices (especially gasContinue reading “The enigma of high prices and consumer spending”
April economic numbers for the Illinois economy
The University of Illinois’ Flash Index, a measure of the overall performance of the Illinois economy, recently reported a decline for the fourth month in a row. The Flash index is “the weighted average of Illinois growth rates in corporate earnings, consumer spending, and personal income as estimated from receipts for corporate income, individual income,Continue reading “April economic numbers for the Illinois economy”