NWI Index: July 2016 Release

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Date

2016-07

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School of Business and Economics, Indiana University Northwest

Permanent Link

https://hdl.handle.net/2022/20979

Abstract

In July the Northwest Indiana Coincident Index grew for the seventh straight month in a row, rising by 0.2 points from 142.9 to 143.1. While regional employment continued to decline, falling by a total of 6,100 jobs (-2.2%) across June and July, this is a typical seasonal trend. Other factors in the index grew strongly with steel production up 4.2% and average manufacturing hours at its highest value since spring 2015. The forecast for economic growth over the next six months remains at about 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: July 2016 Release

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Technical Report

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Northwest Indiana Coincident Index