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Flash Index shows slow, steady growth

URBANA — The University of Illinois Flash Index for September increased slightly, reflecting a continuing pattern of slow, steady growth in the state over the last year.


Building permits 9/30/2012

Listed are permits issued recently for all commercial and industrial work, all new single-family and multifamily residences and all residential remodeling over $50,000. Permits are listed by applicant, location and description of work and the estimated cost.

CHAMPAIGN

Premier Homes of Illinois, new single-family home at 4816 Sandcherry Drive, $495,000.


Jobless rates drop in August

CHAMPAIGN — Unemployment rates in East Central Illinois were generally lower in August than they were in July — and also lower than a year earlier.

Champaign County's rate was 8.9 percent in August, down from 9.1 percent in July and 9.3 percent in August 2011, according to the Illinois Department of Employment Security.


Will downtown Rantoul vanish? Not if developers have their way

RANTOUL — Paula Hopkins fears for the future of downtown Rantoul.

Victor Torres II and his family appear to be bullish on the downtown, however, and have recently purchased several properties there.

And village officials say they haven't forgotten downtown and are hopeful of giving it a shot in the arm.


Building permits 9/23/2012

Listed are permits issued recently for all commercial and industrial work, all new single-family and multifamily residences and all residential remodeling over $50,000.

CHAMPAIGN

Fifth Day Restaurants LLC, alteration for TGI Friday's restaurant at 103 W. Marketview Drive, $602,000.


August home sales 36 percent ahead of last year

CHAMPAIGN — Home sales in the Champaign County area continued at a strong clip in August, running 36 percent ahead of the same month last year.

A total of 287 home sales were closed in August, up from 211 home sales in August 2011, according to the Champaign County Association of Realtors' Multiple Listing Service.


Flash Index stays unchanged

URBANA — The University of Illinois flash index remained at 102.9 in August, unchanged from July, indicating sluggish economic growth in the state.

Economist J. Fred Giertz, who compiles the index, said state and national unemployment rates rose slightly in July and growth in Gross Domestic Product remains slow.


Global recession, glut of attorneys blamed for drop

Nationally, applications to law school have dropped by 12.5 percent this year, continuing a general downward trend that began in 2005, according to the Law School Admission Council.


Property around radio studios put up for sale

CHAMPAIGN — The land surrounding the WDWS/WHMS/WUIL radio studios is up for sale, but the studios themselves are expected to remain at 2301 S. Neil St., C.


Local unemployment shows little improvement

Unemployment rates in East Central Illinois haven't budged much from a year ago, figures from the state Department of Employment Security show.

Four of the 11 counties in the region had higher unemployment rates in July than they did a year earlier. Seven had lower rates, but only by scant amounts.