NWI Index: March 2017 Release

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Date
2017-03
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Publisher
School of Business and Economics, Indiana University Northwest
Abstract
The Northwest Indiana Coincident Index grew by 0.2 points over March to 144.2, an increase of 0.01%. Steel production grew by approximately 136,000 net tons in March, a month-over-month increase of 7.3%. Retail sales rose a modest 0.1%, up 4.8% from one year ago and 0.7% year-to-date. Northwest Indiana added roughly 2,500 jobs over the month (roughly +0.9%), typical for the season. Average weekly manufacturing hours dipped slightly by 0.1 to 41.8, largely unchanged from one year ago.
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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 (YYYY). Northwest Indiana Coincident Index: MMM YYYY Release
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Technical Report