The Index and graph that accompany it are issued at the beginning of each month for the previous month.
Evidence grows that the Illinois economy is slowing down after a period of rapid expansion.
The University of Illinois Flash Economic Index for July eased to 104.2, down 0.7 of a point from the July reading. A year ago the Index stood at 106.9. Any reading above 100 means that the economy is still growing. The Flash Index is a weighted average of growth rates in corporate earnings, consumer spending and personal income. Tax receipts from corporate income, personal income and retail sales are adjusted for inflation before growth rates are calculated.