NWI Index: March & April 2014 Release
School of Business and Economics or Indiana University Northwest
In April the Northwest Indiana Coincident Index rose 0.7 points from 136.8 to 137.5. This growth follows a similar 0.6 point increase during March. The improvement in the index over the last two months is primarily due to the regional economy recovering following the unusually severe weather conditions during January and February that slowed growth. The forecast for the index and the regional economy over the next six months remains optimistic with growth of about 1-2%.
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.
Coincident Index, Northwest Indiana Economy, Gary, Indiana, Lake County, Indiana, Porter County, Indiana
School of Business and Economics or Indiana University Northwest (2014). Northwest Indiana Coincident Index: March & April 2014 Release
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