NWI Index: May 2017 Release

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Date
2017-05
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Publisher
School of Business and Economics, Indiana University Northwest
Abstract
The Northwest Indiana Coincident Index grew to 144.5 points in May, an increase of 0.2 (+0.1%). Steel production in the state rose by 61,000 net tons, approximately +3.1% month-over-month. Employment in Northwest Indiana continued to grow, adding roughly 2,700 jobs this month (+1.0%) as is typical for the season. Retail sales and average weekly hours worked in manufacturing remained largely unchanged in May, the latter holding steady at 41.9, the same as 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