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Survey: Growth is Slow

Posted 2012-05-02 05:39:00 by WMAY News


The latest survey of Illinois economic indicators shows a trend of slow growth.

 

The University of Illinois “Flash Index” measures corporate profits, personal income and consumer spending. The Index was above 100 for the second straight month, indicating the economy is expanding.

 

Before the two months of gains, it had been below 100 for more than three years. But a U of I economist says that while the recovery is happening, it is significantly slower than after previous recessions.
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