Illinois’ economy isn’t getting worse, but it’s barely going. That’s the message from the latest Flash Index from the University of Illinois.
Fred Giertz (gurtz), professor of economics at the Institute of Government and Public Affairs at U of I, says the monthly report for January shows the index decreased slightly.
As to the reason for slow growth, Giertz says the world economy is slowing and there are concerns about uncertainty in the financial markets, but that’s not all.
Meanwhile recent employment numbers from the Illinois Department of Employment Security indicate Illinois ended 2015 with 3,000 fewer jobs than it started the year with.
