NWI Index: May 2018 Release

Pollak, Micah; Arshanapalli, Bala
Keywords: Coincident Index; Northwest Indiana Economy; Gary, Indiana; Lake County, Indiana; Porter County, Indiana
URI: https://hdl.handle.net/2022/22363
Date: 2018-05
Publisher: School of Business and Economics, Indiana University Northwest
Citation: School of Business and Economics, Indiana University Northwest (2018). Northwest Indiana Coincident Index: May 2018 Release
Series, #: 2018;05
Type: Technical Report

Abstract:

Following two months of strong growth, the Northwest Indiana Coincident Index grew slower in May, increasing by 0.2 points to 146.5. The growth was driven primarily by the continued strong growth in employment (+1.4%) but offset by a decline in manufacturing hours worked (-0.7%). The forecast for economic growth over the next six months continues to remain stable at 1%.

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