Iowa Leading Indicators Index: July 2022 Report, September 13, 2022

(2022) Iowa Leading Indicators Index: July 2022 Report, September 13, 2022. Revenue, Department of

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Abstract

The Iowa Leading Indicators Index (ILII) decreased to 109.6 (100=1999) in July 2022 (0.5 percent) from a revised 110.1 in June 2022. The monthly diffusion index decreased to 25.0 in July from 43.8 in June. This is the second consecutive month since December 2021 that the monthly diffusion index recorded below 50.0. The Iowa nonfarm employment coincident index recorded a 0.19 percent increase in July, the sixteenth month of growth. Long term trends in the ILII suggests that the nonfarm employment will continue to improve over the next three to six months though at a slower pace.

Item Type: Departmental Report
Keywords: Iowa, leading, indicators, index, economy, revenues, ILII
Subjects: Business and industry > Economic forecasts
ID Code: 44865
Deposited By: Margaret Barr
Deposited On: 20 Jun 2023 21:01
Last Modified: 20 Jun 2023 21:01
URI: https://publications.iowa.gov/id/eprint/44865