NWI Index: February 2017 Release

Pollak, Micah; Arshanapalli, Bala
Keywords: Coincident Index; Northwest Indiana Economy; Gary, Indiana; Lake County, Indiana; Porter County, Indiana
URI: https://hdl.handle.net/2022/21984
Date: 2107-02
Publisher: School of Business and Economics, Indiana University Northwest
Citation: School of Business and Economics, Indiana University Northwest (YYYY). Northwest Indiana Coincident Index: MMM YYYY Release
Series, #: 2017;02
Type: Technical Report

Abstract:

The Northwest Indiana Coincident Index remained 144.0 in February. Retail sales and employment fell slightly (-0.2% and –0.1%, respectively), which is typical for the season. Steel production in the state fell by approximately 160,000 net tons, a month-over-month change of –7.9% and unchanged from one year ago. Average weekly manufacturing hours, however, remained steady at 41.9, having changed little over the previous year.

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