NWI Index: November 2015 Release

Arshanapalli, Bala; Pollak, Micah
Keywords: Coincident Index; Northwest Indiana Economy; Gary, Indiana; Lake County, Indiana; Porter County, Indiana
URI: https://hdl.handle.net/2022/20598
Date: 2015-11
Publisher: School of Business and Economics, Indiana University Northwest
Citation: School of Business and Economics, Indiana University Northwest (2015). Northwest Indiana Coincident Index: November 2015 Release
Series, #: 2015;11
Type: Technical Report

Abstract:

In November the Northwest Indiana Coincident Index fell 1.3 points from 141.3 to 140.0. This decline was driven primarily by a 7% decrease in steel production for November. Monthly steel production has dropped by more than 1 million net tons (-16%) since the start of the year. The forecast for economic growth over the next six months weakened slightly to 0.7%.

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