(2022) Iowa Leading Indicators Index: December 2021 Report, February 2, 2022. Revenue, Department of
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ILII December 2021 Report.pdf File Size:146kB |
Abstract
The Iowa Leading Indicators Index (ILII) decreased 0.2 percent in December 2021 to 110.0 (100=1999) from 110.2 in November. The monthly diffusion index decreased to 37.5 from 68.8, the lowest the diffusion index has been since July 2020. The ILII had decreased as much as 3.0 percent (June 2020) from March 2020 to a low of 103.4 before bouncing back. The Iowa nonfarm employment coincident index recorded a 0.25 percent increase in December, the ninth month of growth in a row. December was the first month since August 2020 that the ILII experienced a decline. Despite this one-month decline, long term trends in the ILII suggests that the nonfarm employment will continue to improve over the next three to six months.
| Item Type: | Departmental Report |
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| Keywords: | Iowa, leading, indicators, index, economy, revenues, ILII |
| Subjects: | Business and industry > Economic forecasts |
| ID Code: | 44861 |
| Deposited By: | Margaret Barr |
| Deposited On: | 20 Jun 2023 20:53 |
| Last Modified: | 20 Jun 2023 20:53 |
| URI: | https://publications.iowa.gov/id/eprint/44861 |