Leading economic indicators, particularly those in the housing and automotive sectors, contributed to a “robust” increase in the Kelley School of Business‘ Leading Index for Indiana in September.
Produced by the school’s Indiana Business Research Center, the index reflected increased interest from experienced homebuyers, a potential “banner year” for automakers and higher transportation and logistics measures, said Timothy Slaper, the center’s research director.
However, these findings were tempered by continued concerns about the U.S. economy, causing some consumers and small businesses to take a “wait-and-see” approach, Slaper added.
Learn more about the research center and its monthly index here.
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