Illinois Economy Shrinks during Fourth Quarter of 2015
via REBOOT Illinois
“While most states capped off last year with growing economies, Illinois was one of seven that likely had its economy shrink during the last quarter of 2015, according to an analysis of the latest employment data.
The Federal Reserve Bank of Philadelphia identifies trends and summarizes economic conditions in each state by combining four indicators — nonfarm payroll employment, average hours worked in manufacturing, the unemployment rate, and wage and salary disbursements deflated by the Consumer Price Index — into a single statistic called the state coincident index.”
Back