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August flash index of economic growth holds steady at July reading
CHAMPAIGN, Ill. The University of Illinois Flash Index remained flat for the month of August with the same 95.4 reading of July. While the economic level is higher than during the second quarter, it is well below the 100 dividing line between growth and contraction for the Illinois economy. A year ago in August, the […]
UI Flash Economic Index continues rise begun last month
CHAMPAIGN, Ill. The University of Illinois Flash Economic Index rose last month to 95.4 from its 95.0 level in June. While this is the second month in a row showing a moderate increase in state economic activity, the Flash Index is still below 100, the dividing line between growth and contraction. A year ago, the […]
Heidi Hurd named dean of College of Law
CHAMPAIGN, Ill. Heidi M. Hurd was named the dean of the College of Law at the University of Illinois at Urbana-Champaign by the board of trustees at its meeting today (July 18) in Springfield. A scholar of law and philosophy, Hurd will become the college’s 11th dean, effective Aug. 21, succeeding Thomas Mengler. She currently […]
UI Flash Index rises slightly; slowdown is moderating, economist says
CHAMPAIGN, Ill. The University of Illinois Flash Economic Index rose last month to 95.0 from its 94.2 level in May. This is the first increase in the Index in eight months, but it does not necessarily mean that the Illinois economy is rebounding. The level is still below 100, the dividing line between growth and […]
Colombo named interim dean of College of Law
CHAMPAIGN, Ill. — John D. Colombo today was named interim dean of the College of Law at the University of Illinois at Urbana-Champaign. The university Board of Trustees, meeting in Chicago, approved the appointment, effective immediately. His appointment expires Aug. 30, by which time a new dean is expected to have been named. Colombo, a […]
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 […]