The U of I Flash Index was created in 1995 at the Institute of Government and Public Affairs at the University of Illinois to provide an instantaneous reading of the performance of the Illinois economy. The index has become the most widely used monthly economic indicator in Illinois, appearing in many newspapers and on broadcast news outlets. It has been reproduced in economic data provided by the state’s Department of Commerce and Economic Opportunity and the Illinois State Chamber of Commerce as well as more specialized sources such as the McGraw-Hill Midwest construction report.
The U of I Flash Index for January 2024 fell to 102.5 from its 102.8 reading in December. This is indicative of a slowing, but still strong economy—the desired soft landing. An…Read More
The U of I Flash Index for December 2023 increased slightly to 102.8 from its 102.6 reading in November. The index for calendar 2023 remained in a tight range around the 103 level—reflecting stability…Read More