Illinois' Economy Flatlines

12/04/2008 05:12 am ET | Updated May 25, 2011

The state's economy slowed almost to a halt last month, according to an index released today by the University of Illinois.

The Flash Index of corporate, sales and individual income tax receipts dropped to 100.6 in October from 101.1 in September. It was the lowest reading in more than four years for the index. A figure above 100 indicates continued growth, while a figure below 100 indicates the state's economy has begun to contract.

Suggest a correction