NWI Index: October 2016 Release
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Date
2016-10
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Publisher
School of Business and Economics, Indiana University Northwest
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Abstract
In October the Northwest Indiana Coincident Index rose 0.3 points to 143.4. This growth was driven primarily by a strengthening labor market and an increase in retail sales as the holiday season approaches. Steel production remains down, approximately 130,000 net tons lower (-7%) than a year ago . The forecast for economic growth over the next six months remains at about 1%.
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Keywords
Coincident Index, Northwest Indiana Economy, Gary, Indiana, Lake County, Indiana, Porter County, Indiana
Citation
School of Business and Economics, Indiana University Northwest (2016). Northwest Indiana Coincident Index: October 2016 Release
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Technical Report