The economic picture is not as bad as it was over the summer, but the University of Illinois’ measure of it is still showing a decline. The Flash Index, produced by the university’s Institute of Government and Public Affairs, fell from 98.8 in September to 98.3 in October.  The index is above its levels of the summer but still below the 100 mark which separates growth from contraction.


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Study author Fred Giertz, an economics professor, points out that unlike the recent past, unemployment in Illinois is greater than the national average.  The Flash Index is a weighted average of sales tax receipts, corporate income, and personal income.


(Illinois Radio Network)