Leading Index for Indiana

Money
11:05 am
Mon July 22, 2013

Leading Index Shows Mixed Signals for Indiana Economy

Credit Courtesy of Indiana University

An Indiana University economist says the Leading Index for Indiana – an economic predictor for the state – is sending mixed messages about the health of the Hoosier economy.

The Leading Index is at its highest point in four months, backed by positive reports from home builders and strong automotive sales.  But Indiana Business Research Center Economic Analysis Director Timothy Slaper says small business optimism is down and rising mortgage rates are dampening enthusiasm. 

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