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Flash Index indicates Illinois economy gaining steam
CHAMPAIGN, Ill. – The University of Illinois Flash Economic Index extended its gains last month, rising to 97.3 in November from 96.8 in October. The November reading was the highest since December 2001. The recovery, which is gaining steam nationally, appears to be taking hold in Illinois, although the Flash Index has not yet reached […]
Professor of law Thomas S. Ulen recognized with Swanlund Chair
CHAMPAIGN, Ill. – Thomas S. Ulen, professor of law at the University of Illinois at Urbana-Champaign, was named a Swanlund Chair at an investiture ceremony today. Swanlund Chairs are the highest endowed titles at the university, created to recognize faculty members for outstanding contributions in their fields. Ulen joins 14 other scholars who have been […]
Japanese legal education system undergoing radical transformation
CHAMPAIGN, Ill. – Japan is undergoing a quiet revolution in legal education, instituting “American-style” law schools with the aim of producing more lawyers for business, government and private practice. Starting this month, the Japanese Ministry of Education will issue charters for the first three-year graduate law schools, “a rare development in any country outside the […]
UI Flash Economic Index rebounds
CHAMPAIGN, Ill. – The University of Illinois Flash Economic Index rebounded in October to 96.8 from its 96.2 level in September. This reverses September’s decline and lifts the Index to the highest level since May 2003. A year ago in October, the Index was 95.6. The latest reading for the Illinois economy is consistent with […]
Shape of beverage glass influences how much people pour – and drink
CHAMPAIGN, Ill. – Your eyes play tricks. And your brain makes it worse. Both teenagers and adults misjudge how much they pour into glasses. They will pour more into short wide glasses than into tall slender glasses, but perceive the opposite to be true. The delusion of shape even influences experienced bartenders, though to a […]
book corner: Book aids tax schools across the United States
The “University of Illinois Tax Workbook,” used by tax schools in 17 states (including Illinois), has been published at the UI since 1965. Originally called the Farm Income Tax Workbook, the book is created annually by staff members in the UI Tax School Program (in the UI College of Agricultural, Consumer and Environmental Sciences) and […]
Former U.S. House majority leader to speak Oct. 24
CHAMPAIGN, Ill. – Dick Armey, a former majority leader of the U.S. House of Representatives, will give a first-hand account of how bills become law at the Piper Rudnick-Vacketta Lecture on Government and the Law at 3 p.m. Oct. 24 (Friday) at the University of Illinois College of Law, 504 E. Pennsylvania Ave., Champaign. Armey […]
Flash Index of Illinois economy down in September
CHAMPAIGN, Ill. – In a surprising development, the University of Illinois Flash Economic Index dropped in September, indicating no apparent pickup in the Illinois economy. The September reading of 96.2 – down from 96.7 in August – is at odds with generally positive signs about the national economy. This was the lowest Index reading since […]
Professor’s research leads to new state law on child support
A 12-year educational effort by a UI professor of family economics paid off earlier this summer when a bill containing new guidelines for child support in Illinois was signed into law. The law increases the percentage a non-custodial parent pays for support of the second child in a two-child family. “For low and moderate-income families, […]
Flash Economic Index holds steady for third straight month
CHAMPAIGN, Ill. – The University of Illinois Flash Economic Index remained at 96.7 in August for the third straight month. While the national economy appears to be picking up speed, the Illinois economy remains in neutral as measured by the Flash Index. “There has been a slight improvement compared with a year ago, but the […]
Legislative backing needed to enforce standards for power transmission
CHAMPAIGN, Ill. – America’s electricity grid is only as strong as its weakest links, and the huge blackout last Thursday exposed some key flaws that threaten the integrity of the system, a power expert at the University of Illinois at Urbana-Champaign says. The North American Electric Reliability Council, set up after the 1965 blackout to […]
Illinois flash index of economy remains unchanged from last month
CHAMPAIGN, Ill. – The University of Illinois Flash Economic Index stood unchanged at 96.7 last month from its June level. While the last three months have shown some improvement, the Illinois economy still seems mired in the same no-growth that has characterized the last 26 months. “July’s results are disappointing given the spate of good […]