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Latest Economic Policy Reports

December 3, 2018

The University of Illinois Flash Index reached 105.3 in November, its highest level since the same reading in May 2016. The monthly indicator of the Illinois economy was up from 105.2 in October.

See Flash Index readings back to 1981

The Flash Index has used monthly tax receipts to estimate economic activity in the state since 1995 with historic readings dating to 1981. Any reading above 100 indicates growth in the economy.

November 1, 2018

The University of Illinois Flash Index remained steady in October at 105.2, the same reading as September. That is the highest reading for the monthly measure of the Illinois economy since May 2016. 

The Flash Index incorporates growth rates in the state’s corporate earnings, consumer spending and retail sales using tax receipts. Any index reading above 100 denotes economic growth in the state. View the full Flash Index archive

October 1, 2018

The University of Illinois Flash Index continued its upward climb in September, rising to 105.2, up one-tenth of a point from August. This is the highest reading since May 2016 and marks the third consecutive month of increase in the index, which measures the strength of the Illinois economy. 

September 4, 2018

The University of Illinois Flash Index reached its highest point in more than two years in August, climbing to 105.1. That’s up from 104.9 in July.

The monthly measure of the Illinois economy was last above the 105 mark in June 2016. The August reading is the highest since a 105.3 mark in May 2016. Read the full Flash Index archive.

August 1, 2018

Reflecting continued strength in the national economy, the University of Illinois Flash Index climbed 104.9 in July, returning to the level it reached in May. That is the highest level since a reading of 105 in June 2016. The Flash Index measures the Illinois economy based upon personal and corporate income tax receipts and retail sales.

July 2, 2018

The University of Illinois Flash Index dipped in June to 104.8, down from the 104.9 level in May. The June reading keeps the index in the 104-105 range it has been within, with the exception of one month, since July 2016. View the complete Flash Index archive.

June 28, 2018

Although crop insurance was not designed to impact water resources, it may have unintended consequences for water use, because agriculture and water resources are tightly linked.

June 1, 2018

URBANA _ The University of Illinois Flash Index rose again in May, to 104.9 from April’s 104.7. The May index is the highest it has been since it was at 105.0 in June 2016. Since then, the index has rested in a range of 104.1 to 104.9. Any reading above 100 indicates the Illinois economy is growing.

May 1, 2018

The University of Illinois Flash Index rose in April to its highest level in 20 months, reaching 104.7. That is up from 104.5 in May and is the highest reading since a 104.8 in August 2016. 

April 2, 2018

The authors use data on all business parcels and property tax incentives in Cook County to analyze the use of business tax incentives from 2012 through 2014.