The Illinois economy continues to grow … but at a slower rate than a few months ago. That’s according to a monthly economic report from the University of Illinois.
The U of I Flash Index fell to 105.8 in October from 106 in September. Though any number over 100 indicates growth in the state's economy, this is the third month of decline for the index.
The report's author Fred Giertz says the slower growth is a reflection of a bigger global trend -- including slowdowns in Europe and China.