archive-edu.com » EDU » U » UILLINOIS.EDU

Total: 1146

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • Flash Index moves upward, but still too slow to battle unemployment | Institute of Government and Public Affairs
    July increased to 102 9 from its 102 7 level last month This marks another post recession high with the highest reading since April 2008 Throughout 2012 the Flash Index has consistently improved starting the year in January at 98 8 and increasing a few tenths of a point each month according to data recorded for the University of Illinois Institute of Government and Public Affairs As in past months however the July index provides a mixed signal The Illinois economy is expanding but it remains in a pattern of slow growth with the nagging problem of continued high unemployment The Illinois unemployment rate rose slightly last month from 8 6 to 8 7 percent This indicates that the modest growth in the economy was not sufficient enough to both reduce the backlog of the unemployed and accommodate new entrants into the work force All three components of the index individual income tax corporate tax and sales tax receipts were up in real terms compared to the same month last year The Flash Index is a weighted average of Illinois growth rates in corporate earnings consumer spending and personal income Tax receipts from corporate income personal income and retail sales

    Original URL path: http://igpa.uillinois.edu/flash-index/2012/july (2016-02-17)
    Open archived version from archive


  • Flash Index reaches highest point in more than four years | Institute of Government and Public Affairs
    time the Flash Index was above 102 7 was in April 2008 with a reading of 102 8 The Flash has remained above 100 since March of this year Readings above 100 indicate economic expansion whereas readings below show the economy is contracting Before March the Flash Index remained below 100 for three years The continued expansion of the Illinois economy suggests a sustained but slow recovery The recovery from the 2007 2009 recession is one of the slowest in recent decades Most sharp declines are followed by strong recoveries This has not been the case this time The recovery has been weak with GDP growth at only 1 9 percent for the first quarter of 2012 However the Flash Index results for June are encouraging for Illinois in that the economy continues to expand The unemployment rate is also improving Unemployment fell in May to 8 6 percent compared to 8 7 percent in April and 9 7 percent this time last year All three components of the index individual income tax corporate tax and sales tax receipts were up in real terms compared to the same month last year The Flash Index is a weighted average of Illinois

    Original URL path: http://igpa.uillinois.edu/flash-index/2012/june (2016-02-17)
    Open archived version from archive

  • Research | Institute of Government and Public Affairs
    finds that as the campaign goes on use of Facebook Twitter and other interactive vehicles is becomng more popular IGPA begins series of discussions on ethics and integrity in Illinois What can be done to change what many view as Illinois culture of corruption While some progress has been made in recent years much remains to be done IGPA pledges to take a leadership role in fostering the conversations that must happen before significant and lasting solutions can be found We have begun this process with a convesation among three people who have a wealth of experience in Illinois politics Read more and listen to excerpts IGPA economist says federal prison would ease Illinois budget woes IGPA economist Fred Giertz says a proposed federal prison in northwest Illinois would lock up a double dose of much needed cash to chip away at the state s gaping budget hole Policy Forum looks at using a couples approach to stabilizing employment in the family IGPA s Policy Forum looks at the effectiveness of joint employment and relationship building programs and offers an evaluation of a program using a couples approach to improve service delivery and self sufficiency for vulnerable families Listen to experts discuss the future of education at IGPA program A panel of education experts discusses the future of education in Illinois in the context of President Abraham Lincoln s vision for public education This panel which included former Governor Jim Edgar an IGPA distinguished fellow Judy Erwin executive director of the Illinois Board of Higher Education and Lincoln scholar O Vernon Burton was held on October 7 2009 as part of the University of Illinois observance of the bicentennial of Lincoln s birth Click the title to see audio links Answering the Big Questions About Health Care Reform A major

    Original URL path: http://igpa.uillinois.edu/igpa-research?page=9 (2016-02-17)
    Open archived version from archive

  • Flash Index increases slightly as national job growth stalls | Institute of Government and Public Affairs
    signifies economic growth Although this small level of growth is positive the reading confirms the slow recovery that the state and nation have been experiencing for some time Almost two years after the 2007 2009 recession the Illinois economy continues to grow at a sluggish pace National economic trends do not indicate that this will change any time soon Recent economic news suggests the recovery will remain anemic said economist J Fred Giertz who compiles the Flash Index for the Institute of Government and Public Affairs The recovery will continue to be slowed by problems in Europe and sluggish job growth in the U S National job growth numbers were the weakest in a year and the national unemployment rate increased from 8 1 to 8 2 percent in May Giertz said this illustrates that although the economy is growing the rate of growth is not sufficient to create enough new jobs to bring the unemployed back into the workforce while accommodating new entrants All three components of the index individual income tax corporate tax and sales tax receipts were up moderately in real terms compared to the same month last year The Flash Index is a weighted average of

    Original URL path: http://igpa.uillinois.edu/flash-index/2012/may (2016-02-17)
    Open archived version from archive

  • Flash Index continues to climb: Economy is “clearly” getting better | Institute of Government and Public Affairs
    Laboratory Flash Index continues to climb Economy is clearly getting better The Flash Index continued to climb in April reaching 101 9 from its 101 0 level last month A reading of 100 or above signifies economic growth The April reading continues a positive trend that started in March signifying the first sign of economic expansion after three and a half years of contraction The Illinois economy is clearly improving with unemployment falling from 9 1 percent in February to 8 8 percent in March said economist J Fred Giertz who compiles the Flash Index for the Institute of Government and Public Affairs Nevertheless the unemployment rate remains high in comparison to past recoveries Although signs of economic expansion are welcome the rate at which the recovery is occurring is much slower than it has been in other recessions Even the welcome news of the recent increases in the Flash Index must be put in perspective Giertz said It has taken longer for the Flash Index to reach the 100 level after the 2007 2009 recession than in the previous three recessions where the Flash Index is available All three components of the index individual income tax corporate tax and sales tax receipts were up strongly in real terms compared to the same month last year The individual income and corporate tax receipts were extremely high for April This is likely a reflection of high final payments when tax returns where filed this spring because of under withholding after the 2011 state tax increase The Flash Index is a weighted average of Illinois growth rates in corporate earnings consumer spending and personal income Tax receipts from corporate income personal income and retail sales are adjusted for inflation before growth rates are calculated The growth rate for each component is then

    Original URL path: http://igpa.uillinois.edu/flash-index/2012/april (2016-02-17)
    Open archived version from archive

  • Flash Index breaks 100: First sign of economic growth since 2008 | Institute of Government and Public Affairs
    since 2008 The Flash Index for March increased to 101 0 from its 99 2 level last month The Flash Index indicates whether the Illinois economy is expanding or contracting A reading at or above 100 signifies economic growth The index has been below 100 for the past three and a half years reflecting a slow or stagnant economic recovery The March results are the highest since September 2008 signifying a positive trend for the Illinois economy There is nothing magic about the 100 level said J Fred Giertz who compiles the Flash Index for the Institute of Government and Public Affairs However the combination of the substantial monthly increase from 99 2 to 101 0 and the breaking of the 100 barrier is good news for the economy The strong reading this month is consistent with both U S and Illinois economic data The financial markets are strong and unemployment is falling both in the state and the nation However Illinois recovery is still lagging with the unemployment rate at 9 percent compared to the 8 3 percent for the nation Despite the good news the recovery from the 2007 2009 recession remains anemic with very high unemployment rates at this stage of the business cycle It will likely be at least a year or two before unemployment rates in the 6 percent range are achieved Giertz said All three components of the index individual income tax corporate tax and sales tax receipts were up in real terms in March compared to the same month last year with the largest percentage increase registered by corporate receipts The Flash Index is a weighted average of Illinois growth rates in corporate earnings consumer spending and personal income Tax receipts from corporate income personal income and retail sales are adjusted for inflation

    Original URL path: http://igpa.uillinois.edu/flash-index/2012/march (2016-02-17)
    Open archived version from archive

  • Economy is on Positive––But Slow––Track to Recovery | Institute of Government and Public Affairs
    reading since November 2008 when the index declined to 100 the dividing line between economic expansion and contraction The increase comes after a slight dip in January when the Flash was 98 8 a few points lower than months past Although the economy is showing improvement unemployment rates are likely to keep the recovery on the slow track in the coming year said J Fred Giertz who compiles the index for the Institute of Government and Public Affairs The recovery remains relatively weak especially in regard to unemployment rates This is especially true in Illinois where the unemployment rate remains more than a percentage point above the national average said Giertz However the current state of the economy appears to be on a positive track as concerns about a double dip recession are receding This is a marked contrast to the mood in the second half of 2011 said Giertz After adjustment for the individual and corporate income tax rate increases last year all three components of the index individual income tax corporate tax and sales tax receipts were up in real terms compared to the same month last year The Flash Index is a weighted average of Illinois growth

    Original URL path: http://igpa.uillinois.edu/flash-index/2012/february (2016-02-17)
    Open archived version from archive

  • Flash Index dips slightly in January | Institute of Government and Public Affairs
    two consecutive months of gains the University of Illinois Flash Index dipped slightly in January to 98 8 reflecting the continued sluggish pace of recovery in Illinois Overall the index continues to reflect steady improvement in the economy rising from a recession low of 90 in September 2009 to a post recession high of 99 1 last month A reading below 100 indicates contraction in the state s economy while readings of 100 and higher indicate the state s economy is growing Unemployment continues to be a significant drag on the economy said U of I economist J Fred Giertz who compiles the Flash Index for the Institute of Government and Public Affairs The state rate continues to hover near 10 percent and national employment levels remain relatively stagnant While the current Flash reading is still the second highest in over three years it suggests that the Illinois economy is still improving very slowly Giertz said The Flash Index provides a monthly snapshot of the Illinois economy using a weighted average of growth rates in the state s corporate earnings consumer spending and personal income Tax receipts for the preceding month adjusted for inflation provide the data used to calculate the growth rates and the index on the first business day of each month The growth rates for each component of the January index were calculated for the 12 month period using data through January 31 2012 After adjustment for the individual and corporate income tax increases last year which took effect in January 2011 individual income tax and corporate tax receipts were down slightly in real terms compared to the same month last year while sales tax receipts were up Giertz said Because January 2011 was a month of transition from old to new income tax rates it is

    Original URL path: http://igpa.uillinois.edu/flash-index/2012/january (2016-02-17)
    Open archived version from archive