flash-october

Illinois' economic recovery continues to tick up, according to the Institute of Government and Public Affairs' Flash Index. The University of Illinois issues the economic indicator each month and the October index reached 106.6, up from 106.5 in October and 106.3 in September.

A reading above 100 means economic growth, which the Flash Index has reflect for the past two and a half years. The trend has been slowly but steadily up since February. The rate reflects unemployment decline, consumer spending, personal income and corporate earnings.

See our earlier coverage of the Flash Index and details on how they calculate it