NWI Index: February 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/2022/20797
Date: 2016-02
Publisher: School of Business and Economics, Indiana University Northwest
Citation: School of Business and Economics, Indiana University Northwest (2016). Northwest Indiana Coincident Index: February 2016 Release
Series, #: 2016;02
Type: Technical Report

Abstract:

In February the Northwest Indiana Coincident Index continued its positive trend and rose by 0.2 points from 141.4 to 141.6. The region added back 1,100 jobs of the 9,200 that were lost in January. However, at the same time, about half of the gains in steel production in January were erased. The forecast for economic growth over the next six months was again adjusted up slightly to +0.9%.

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