NWI Index: March 2016 Quarterly Summary

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Date

2016-03

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Journal ISSN

Volume Title

Publisher

School of Business and Economics, Indiana University Northwest

Permanent Link

https://hdl.handle.net/2022/20863

Abstract

During the first quarter of 2016 the Northwest Indiana Coincident Index rose 1.1 points to 141.9, up 0.3 points from February. A rise in the index is typical in the first quarter of each year as part of a seasonal trend but this year’s growth was stronger than normal. While this is positive news, it follows a dismal fourth quarter in which the index fell 0.8 points. Overall the index is up almost two points from a year ago. Over the next six months, the forecast for regional economic growth has been upgraded to moderate growth of 1.5 points or slightly above 1%.

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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 (2016). Northwest Indiana Coincident Index: March 2016 Quarterly Summary

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Type

Technical Report

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Northwest Indiana Coincident Index