NWI Index: November 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 by 0.2 points in November to 145.8, a monthly change of +0.1%. Retail sales led in component growth, rising 0.9% over the month and 5.1% year-to-date. Average weekly hours worked in manufacturing held steady at 42.0. Steel production fell by approximately 41,000 net tons this month to 1.946 million, a month-over-month change of –2.1% but still up 8.5% from one year ago. Total employment in Northwest Indiana unexpectedly fell by 1,500 (0.5%) to 277,200.
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2017;11
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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 (YYYY). Northwest Indiana Coincident Index: MMM YYYY Release
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Type
Technical Report