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UI Flash Index marks 13th straight month of negative growth
CHAMPAIGN, Ill. The University of Illinois Flash Index dropped to 94.2 in May from its 95.0 level in April. This is the 13th straight month of negative growth for the state economy and lowest monthly Flash reading in more than 10 years. “A disconnect persists between reports about the rebound of the national economy and […]
Flash Index sinks to lowest level in decade
The University of Illinois Flash Index dropped again in April to 95.0 from its 96.3 level in March. This is the lowest reading of the Index since February 1992. The Index, which charts the state of the Illinois economy, provides no comfort for those looking for signs that the recession is at an end. Last […]
Illinois flash economic index indicates state still in slump
CHAMPAIGN, Ill. The University of Illinois Flash Economic Index fell in March to 96.3, its lowest reading in nearly 10 years. The reading indicates that, despite the recent favorable news about the national economy, the Illinois economy apparently has not recovered from its yearlong slump. The Flash Index was at 97.0 in both January and […]
UI Flash Index of Economic Growth remains constant
CHAMPAIGN, Ill. The University of Illinois Flash Index of Economic Growth remained constant in February at 97.0. This is the same as the adjusted reading for January. (The January Flash Index was reported at 97.1, but recently available information resulted in the slight downward revision.) “Despite numerous reports about the imminent end of the recession, […]
Stanford professor to give Kinley lecture March 7
CHAMPAIGN, Ill. Thomas J. Sargent, a professor of economics at Stanford University, will deliver the David Kinley Lecture in Economics at the University of Illinois March 7 (Thursday). His lecture, “Flawed but Enduring: The Monetary System From 1200-1800: A Tale of Small Fixed Costs,” will start at 4 p.m. at 141 Wohlers Hall, 1206 S. […]
Flash Economic Index shows recession continues in Illinois
CHAMPAIGN, Ill. In the first month of 2002, the University of Illinois Flash Economic Index fell to 97.1 from its 97.8 level in December. Despite isolated signs of recovery, the recession continues in Illinois. The recession that started last March is still mild by historical standards. The Flash Index dropped below 93 in the last […]
UI Flash Economic Index ended the year on a down note
CHAMPAIGN, Ill. The Illinois economy ended the year on a down note as the University of Illinois Economic Index fell to 97.8 in December from its 98.0 reading in November. Like the national economy, the state remains in a recession. The Flash Index stood at 101.8 a year ago in December, but dropped below 100 […]
The UI Flash Economic Index fell slightly in November
CHAMPAIGN, Ill. The University of Illinois Flash Economic Index fell slightly in November to 98.0 from its October level of 98.4. This reflects continued sluggish economic conditions in Illinois. As noted last month, the Index has not registered a significant decline in the wake of the terrorist attacks of Sept. 11. Rather, the November reading […]
UI Flash Economic Index surprisingly rose last month
CHAMPAIGN, Ill. Surprisingly, the University of Illinois Flash Economic Index rose slightly in October to 98.4 from 98.2 in September. Even though the October reading is low, the results can be viewed as good news indicating that the Illinois economy did not suffer a precipitous decline as a result of the September terrorist attacks and […]
Williamson to give David Kinley Lecture
CHAMPAIGN, Ill. Jeffrey G. Williamson, an economist at Harvard University, will deliver the David Kinley Lecture in Economics at the University of Illinois on Oct. 26 (Friday). His talk, “Globalization, World Inequality and Political Backlash,” will begin at 3:30 p.m. at 141 Wohlers Hall, 1206 S. Sixth St., Champaign. Williamson will explain how globalization has […]
UI Flash Index up slightly
CHAMPAIGN, Ill. Despite the devastating impact of the terrorist attacks, the University of Illinois Flash Economic Index rose slightly last month to 98.2 from 98.0 in August. The sales-tax component of the Flash Index was weak for September, apparently reflecting the immediate disruptions to the state economy stemming from the Sept. 11 attacks that caused […]
Lecture Monday on effects of three Central Illinois strikes
Champaign. CHAMPAIGN, Ill. Stephen Franklin will deliver a lecture Monday (Oct. 1) at the University of Illinois on the impact of three Central Illinois strikes on union workers. His talk, based on his new book, “Three Strikes: Labors Heartland Losses and What They Mean for Working Americans,” will start at 7:30 p.m. in the Wagner […]