NWI Index: January 2016 Release

Pollak, Micah; Arshanapalli, Bala
Keywords: Coincident Index; Northwest Indiana Economy; Gary, Indiana; Lake County, Indiana; Porter County, Indiana
URI: https://hdl.handle.net/2022/20796
Date: 2016-01
Publisher: School of Business and Economics, Indiana University Northwest
Citation: School of Business and Economics, Indiana University Northwest (2016). Northwest Indiana Coincident Index: December 2016 Release
Series, #: 2016;01
Type: Technical Report

Abstract:

The year began with a sharp decline in employment that was offset by a large increase in steel production. In January the Northwest Indiana Coincident Index rose 0.6 points from 140.8 to 141.4. Regional employment fell by 9,200 jobs (-3.3%) while steel production rose by half a million net tons (+9.7%). The decline in employment is, in part, seasonal and is likely to rebound in the coming months.

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