NWI Index: June 2018 Release
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Date
2018-06
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School of Business and Economics, Indiana University Northwest
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Abstract
After consistently strong growth since the start of the year (+0.9% since December), the Northwest Indiana Coincident Index remained stagnant at a value of 146.5 in June. This lack of growth can be attributed primarily to a decline in steel production (-5.7%) and the first decline in employment (-0.4%) since the start of the year. However, the forecast for economic growth over the next six months continues to remain stable at 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 (2018). Northwest Indiana Coincident Index: June 2018 Release
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Technical Report