Saturday, July 4, 2009 East Central Illinois

Flash index show recession hasn't hit Illinois yet

By The News-Gazette
Tuesday, March 4, 2008 2:08 PM CDT

URBANA – The University of Illinois flash economic index in February rose for the second straight month after six months of decline.

"It appears the recession hasn't arrived in Illinois," said economist J. Fred Giertz, who compiles the index for the UI's Institute of Government and Public Affairs.

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