Fred Giertz

Eclectic Dyslexic / Flickr/Creative Commons

The Index that measures the Illinois economy fell to 104.7 in July, down 0.3 from June. 

The reading indicates that that state economy continues to grow, but more slowly than before.

University of Illinois economist Fred Giertz compiles the Flash Index. Giertz says the economic slowdown in 

Illinois follows a national trend over the past two quarters, and he says that could be evidence that the economic recovery is slowing down.

Reflecting a national slow-down, the Flash Index to the Illinois economy fell to 106-point-5 in April. The Flash Index has been declining ever since reaching a post-recession high in January of 107-point-2.