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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 […]
June flash index indicates state may be climbing out of economic slump
CHAMPAIGN, Ill. – The University of Illinois Flash Economic Index indicates that the state may be climbing out of its prolonged slump. The June reading of 96.7 – combined with May’s reading of 96.8 – represents the highest level of state economic activity since February 2002, but also suggests no burst of business investment or […]
New head of labor education program named
CHAMPAIGN, Ill. – Edward Hertenstein has been named head of the labor education program at the Institute of Labor and Industrial Relations at the University of Illinois at Urbana-Champaign. Hertenstein, 49, will oversee classes and conferences held for labor union leaders and others in the state. “I am extremely pleased to appoint Ed as head […]
Illinois flash index of economy highest since February 2002
CHAMPAIGN, Ill. – The University of Illinois Flash Economic Index increased in May to 96.8, up from its 96.0 level in April and the highest reading of state economic activity since February 2002. “While this is encouraging news, much of the improvement stems from the fact that last May was an extremely weak month,” said […]
Illinois flash index rises slightly
CHAMPAIGN, Ill. – The University of Illinois Flash Index of Economic Growth increased in April to 96.0 from its 95.8 level in March. While this is the highest Flash reading in more than a year, the level is still below 100, the dividing line between growth and contraction, and indicates a sluggish Illinois economy. A […]
Electricity Transmission Business School set for June 23-26
CHAMPAIGN, Ill. – The University of Illinois at Urbana-Champaign will team with the Edison Electric Institute to offer a 3 1/2-day course on the rapid changes in electricity markets and the transmission business. The EEI Transmission Business School will meet June 23-26 at the Sears Tower Conference Center, 233 S. Wacker Drive, Chicago. “Transmission has […]
International trade expert to deliver Kinley Lecture Friday
CHAMPAIGN, Ill. – Elhanan Helpman, a professor of international trade at Harvard University, will deliver the David Kinley Lecture in Economics at the University of Illinois at Urbana-Champaign on Friday (April 11). His lecture, “Growth and Interdependence,” will begin at 3 p.m. at 141 Wohlers Hall, 1206 S. Sixth St., Champaign. Helpman will examine the […]
Chancellor to give Derber Lecture on building an integrated workplace
CHAMPAIGN, Ill. – Nancy Cantor, the chancellor of the University of Illinois at Urbana-Champaign, will deliver the Annual Milton Derber Lecture about the role of the university in building an integrated workplace. The lecture begins at 7:30 p.m. April 8 (Tuesday) at the Wagner Education Center at the Institute of Labor and Industrial Relations, 504 […]
Illinois Flash Economic Index increased marginally in March
CHAMPAIGN, Ill. – The University of Illinois Flash Economic Index increased marginally in March to 95.8 from 95.6 in February. Still the Illinois economy remains stalled in a no-growth pattern, much like its position during the past 15 months. Since January 2002, the monthly Index readings have ranged from 97 to 94.2 – consistently below […]