Good news from the Leading Index for Indiana (LII). The recent report reveals the state’s economic recovery is strengthening, with December’s figures up to 97.5, the highest level since September 2008. And January’s number hit the landmark 98.0 point mark.
According to the Indiana Business Research Center (IBRC), which compiles the monthly report, in December and January there were upticks in indicators across the board, including car and especially housing sales. Combined with the Fed’s steady monetary policy, the report suggests we can be cautiously optimistic for 2012.
The IBRC is a great source for business-related statistics, not only for the LII and details on its contributing data, but for cogent data (and analysis) on a wide range of critical topics at the STATS Indiana data center.
These tools are fantastic resources for everyone, thanks in large part to folks at the IU Kelley School of Business.