The University of Illinois’ Flash Index, a measure of the overall performance of the Illinois economy, recently reported an increase after four straight months of decline. 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, andContinue reading “U of I Flash Index shows uptick in Illinois economy for May”
Tag Archives: GDP
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”
Eek! Gas prices
One national issue that normally hits home locally is gas prices. We feel the effect of these prices daily: commuting to work, traveling out of state, and driving to the grocery store and restaurants. These high gas prices cut into what goods and services we would otherwise spend money on. Economics aside, it goes withoutContinue reading “Eek! Gas prices”
Illinois’ GDP
A Look at the State’s GDP Performance Overview The state of Illinois is currently the sixth most populous state, is the economic engine of the Midwest, and has the fifth highest GDP in the Union. Moreover, Illinois’ economy is so big that is the equivalent to that of Switzerland. This blog provides a snapshot ofContinue reading “Illinois’ GDP”
Prairie State Policy 