NWI Index: February 2016 Release

In February the Northwest Indiana Coincident Index continued its positive trend and rose by 0.2 points from 141.4 to 141.6. The region added back 1,100 jobs of the 9,200 that were lost in January. However, at the same time, about half of the gains in steel production in January were erased. The forecast for economic growth over the next six months was again adjusted up slightly to +0.9%

NWI Index: July 2014 Release

In July the Northwest Indiana Coincident Index rose 0.2 points from 138.8 to 139.0. This growth continues a trend of expansion and recovery that is slower than the national economy. The forecast for economic growth over the next six months remains optimistic with moderate growth of 1-2%

NWI Index: August 2014 Release

In August the Northwest Indiana Coincident Index rose 0.3 points from 139.0 to 139.3. This growth continues a trend of expansion and recovery that is consistent with, but lagging behind slightly, the state and national economy. Due to overall weakness in the index and leading components, the forecast for economic growth over the next six months for the region has been downgraded to weak or no growth (less than 1% growth)

NWI Index: June 2015 Quarterly Summary

The Northwest Indiana Coincident Index grew strongly during the second quarter of 2015, ending at a value of 140.8, up 0.3 points from last month and up 0.9 points from last quarter (+0.72%). Despite these gains, the index is only now returning to its start of the year level. The forecast for the regional economy over the next six months continues to be optimistic with moderate growth approaching 2%

NWI Index: January 2016 Release

The year began with a sharp decline in employment that was offset by a large increase in steel production. In January the Northwest Indiana Coincident Index rose 0.6 points from 140.8 to 141.4. Regional employment fell by 9,200 jobs (-3.3%) while steel production rose by half a million net tons (+9.7%). The decline in employment is, in part, seasonal and is likely to rebound in the coming months

NWI Index: March & April 2014 Release

The Northwest Indiana Coincident Index was developed by the School of Business and Economics at Indiana University Northwest. The monthly release provides a snapshot of the health of the economy for the region and a forecast for the next six months.In April the Northwest Indiana Coincident Index rose 0.7 points from 136.8 to 137.5. This growth follows a similar 0.6 point increase during March. The improvement in the index over the last two months is primarily due to the regional economy recovering following the unusually severe weather conditions during January and February that slowed growth. The forecast for the index and the regional economy over the next six months remains optimistic with growth of about 1-2%

NWI Index: January & February 2014 Release

The Northwest Indiana Coincident Index was developed by the School of Business and Economics at Indiana University Northwest. The monthly release provides a snapshot of the health of the economy for the region and a forecast for the next six months.In February, the Northwest Indiana Coincident Index fell 0.5 points from 136.7 to 136.2. This decline follows a 0.6 point decrease in January. The two month fall in the index is primarily due to the unusually severe weather conditions during these months. Despite these declines, the forecast for the index over the next six months remains somewhat optimistic with weak growth of about 1-2%

NWI Index: April 2015 Release

In April the Northwest Indiana Coincident Index remained stable at its March value of 139.9. The forecast for the regional economy over the next six months continues to be for 1-2% growth

NWI Index: December 2014 Quarterly Summary

The Northwest Indiana Coincident Index finished strongly in the fourth quarter, increasing by 1.0 point from its November level of 140.2. This is the second month of strong growth for the region after a stagnant third quarter. Despite these gains, the forecast for the regional economy over the next six months is for weak growth of about 1%

NWI Index: January 2015 Release

In January the Northwest Indiana Coincident Index fell 0.1 points. A decrease in employment, especially in the construction sector, due to the unusually poor weather in January was the main contributing factor