NWI Index: August 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/2022/21037
Date: 2016-08
Publisher: School of Business and Economics, Indiana University Northwest
Citation: School of Business and Economics, Indiana University Northwest (2016). Northwest Indiana Coincident Index: August 2016 Release
Series, #: 2016;08
Type: Technical Report

Abstract:

In August the Northwest Indiana Coincident Index remained unchanged from the previous month at 143.1. While regional employment reversed its decline, rising by a total of 5,200 jobs (+1.9%), steel production remained weak and average manufacturing hours declined slightly. The forecast for economic growth over the next six months remains at about 1%.

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