NWI Index: March 2016 Quarterly Summary

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Date
2016-03
Journal Title
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Volume Title
Publisher
School of Business and Economics, Indiana University Northwest
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%.
Description
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