(2022) Iowa Leading Indicators Index: February 2022 Report, April 2, 2022. Revenue, Department of
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ILII February 2022 Report.pdf File Size:148kB |
Abstract
The Iowa Leading Indicators Index (ILII) increased 0.4 percent in February 2022 to 110.4 (100=1999) from a revised 110.0 in January 2022. The monthly diffusion index decreased to 56.3 from 62.5. The ILII had decreased as much as 3.0 percent (June 2020) from March 2020 to a low of 103.4 before rebounding. The Iowa nonfarm employment coincident index recorded a 0.21 percent increase in February, the eleventh month of growth in a row. The increase in February in the ILII is the second month in a row. Despite the one-month decline in December 2021, 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: | 44862 |
| Deposited By: | Margaret Barr |
| Deposited On: | 20 Jun 2023 20:55 |
| Last Modified: | 20 Jun 2023 20:55 |
| URI: | https://publications.iowa.gov/id/eprint/44862 |