NWI Index: May 2017 Release
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School of Business and Economics, Indiana University Northwest
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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.
Series and Number:
2017;05
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Description
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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Type
Technical Report