NWI Index: December 2015 Release
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School of Business and Economics, Indiana University Northwest
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Abstract
In December the Northwest Indiana Coincident Index fell 0.2 points from 141.0 to 140.8. This decline was driven by continued weakness in the steel industry as monthly steel production remained more than 1.1 million net tons (-16%) below last year. In addition, a slight decline in regional employment ends a four month trend of strong job growth. Despite this, the forecast for economic growth over the next six months remains unchanged at +0.7%.
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2015;12
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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 (2015). Northwest Indiana Coincident Index: December 2015 Release
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Technical Report