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IL Economy Still Recovering
(IRN) -- The Illinois economy is making more incremental recovery.

The University of Illinois Flash Index is up for the 11th month in a row, this time up three-tenths of a point to 96.6.

Fred Giertz, who compiles the index, which is a quick look at the Illinois economy, says we're "waiting for bigger things to happen, but they haven't happened yet."

The index is still below 100, which is the break-even point for economic growth, but it hasn't been this high for over two years. Giertz says unemployment is still stubbornly high, but the private sector is starting to do better as the public-sector stimulus expires.

(Illinois Radio Network)
05 08 11 by Newsroom
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