NWI Index: January & February 2014 Release

Arshanapalli, Bala; Pollak, Micah
Keywords: Coincident Index; Northwest Indiana Economy; Gary, Indiana; Lake County, Indiana; Porter County, Indiana
URI: https://hdl.handle.net/2022/18456
Date: 2014
Publisher: School of Business and Economics or Indiana University Northwest
Citation: Indiana University Northwest,School of Business and Economics (2014). Northwest Indiana Coincident Index: January & February 2014 Release
Type: Technical Report

Abstract:

In February, the Northwest Indiana Coincident Index fell 0.5 points from 136.7 to 136.2. This decline follows a 0.6 point decrease in January. The two month fall in the index is primarily due to the unusually severe weather conditions during these months. Despite these declines, the forecast for the index over the next six months remains somewhat optimistic with weak growth of about 1-2%.

Description:

The Northwest Indiana Coincident Index was developed by the School of Business and Economics at Indiana University Northwest. The monthly release provides a snapshot of the health of the economy for the region and a forecast for the next six months.

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