NWI Index: January & February 2014 Release
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Date
2014
Authors
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Publisher
School of Business and Economics or Indiana University Northwest
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Abstract
In February, the Northwest Indiana Coincident Index fell 0.5 points from 136.7 to 136.2. This decline follows a 0.6 point decrease in January. The two month fall in the index is primarily due to the unusually severe weather conditions during these months. Despite these declines, the forecast for the index over the next six months remains somewhat optimistic with weak growth of about 1-2%.
Description
The Northwest Indiana Coincident Index was developed by the School of Business and Economics at Indiana University Northwest. The monthly release provides a snapshot of the health of the economy for the region and a forecast for the next six months.
Keywords
Coincident Index, Northwest Indiana Economy, Gary, Indiana, Lake County, Indiana, Porter County, Indiana
Citation
Indiana University Northwest,School of Business and Economics (2014). Northwest Indiana Coincident Index: January & February 2014 Release
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Type
Technical Report