Iowa Leading Indicators Index: October 2021 Report, December 2, 2021

(2021) Iowa Leading Indicators Index: October 2021 Report, December 2, 2021. Revenue, Department of

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Abstract

The Iowa Leading Indicators Index October 2021 Report and Memo are indicative of economic activity experienced in October of 2021. The Iowa Leading Indicators Index (ILII) regained some momentum in October. The index increased 0.4 percent in October 2021 after only increasing 0.1 percent in September. The index increased to 109.8 (100=1999) from 109.4 in September. With six of the eight components contributing positively, the monthly diffusion index increased to 81.3 in October, from 50.0 in September. October marks the fifteenth month in a row that the monthly diffusion index has registered at or above 50.0. The COVID pandemic caused the ILII to drop as low as 103.4 in June 2020 before sharply recovering to the current high. October marks the thirteenth month in a row since the ILII has exited contraction.

Item Type: Departmental Report
Keywords: Iowa, leading, indicators, index, economy, revenues, ILII
Subjects: Business and industry > Economic forecasts
ID Code: 39453
Deposited By: Margaret Barr
Deposited On: 02 Dec 2021 19:37
Last Modified: 02 Dec 2021 19:37
URI: https://publications.iowa.gov/id/eprint/39453