Release
10/15/2015 data
May 2004 / Aug 2015
Issue
2015.10 www.real.illinois.edu
Note: Values shown on the “1 Year” forecast represent a pessimistic – optimistic scenario. For estimated values please see Appendix.
Comparing MSAs Indices with Chicago Indices
80.00
60.00
40.00
20.00
0.00
-20.00
-40.00
04 06 08 10 12 14 16 04 06 08 10 12 14 16 04 06 08 10 12 14 16 04 06 08 10 12 14 16 04 06 08 10 12 14 16 04 06 08 10 12 14 16 04 06 08 10 12 14 16 04 06 08 10 12 14 16
Bloomington Champaign Davenport Decatur Peoria Rockford Springfield Kankakee
*Values below (above) zero indicate that an MSA is performing less well (better) than Chicago.
From early 2007 to early 2009, all MSAs performed better than Chicago.
However, from Mid-2009 to late-2011, MSAs generally performed less well than Chicago except for Bloomington-Normal.
After December 2012, all MSAs performed less well than Chicago.
According to the forecast for August 2016, Bloomington-Normal, Decatur, Peoria,
Rockford and Kankakee are likely to perform less well over this period than Chicago. All the other MSAs will compare favorably to Chicago.
Illinois MSA Indices & Forecast release 10/15/2014 www.real.illinois.edu page 1
120.00
110.00
100.00
90.00
80.00
70.00
Bloomington-Normal (Reference Month – August 2015)
Current 87.26
Historical
Forecast
1 Month
87.70
86.83
3 Month
88.27
86.22
1 Year
108.43
86.27 ~ 91.41
Bloomington - Normal MSA
130.00
B-N
Chicago
Other MSAs
60.00
Bloomington-Normal MSA League: Non-Farm Employment Growth Rate:
Compared to last month, Bloomington-Normal moved up one position reaching the 4th place of the rank.
In the 12 month growth league table Bloomington-Normal moved up one position reaching 5th place of the rank.
Illinois MSA Indices & Forecast release 10/15/2014 www.real.illinois.edu page 2
120.00
110.00
100.00
90.00
80.00
Champaign-Urbana (Reference Month – August 2015)
Current 104.45
Historical
Forecast
1 Month
104.10
95.61
3 Month
103.31
96.44
1 Year
86.61
99.79 ~ 114.22
Champaign - Urbana MSA
130.00
C-U
Chicago
Other MSAs
70.00
60.00
Champaign- Urbana MSA League: Non-Farm Employment Growth Rate:
Compared to last month, Champaign-Urbana-Rantoul moved down 4 positions reaching the 6th place of the rank.
In the 12-month growth league table, Champaign-Urbana-Rantoul remained in the 1st place of the rank.
Illinois MSA Indices & Forecast release 10/15/2014 www.real.illinois.edu page 3
120.00
110.00
100.00
90.00
80.00
70.00
Davenport-Rock Island-Moline (Reference Month – August 2015)
Current 100.15
Historical
Forecast
1 Month
102.29
98.58
3 Month
105.39
98.53
1 Year
96.93
103.17 ~ 128.29
Davenport - Rock Island - Moline MSA
140.00
130.00
D-RI-M
Chicago
Other MSAs
60.00
Davenport – Rock Island
–
Moline MSA League: Non-Farm Employment Growth
Rate:
Compared to last month, Davenport-Rock Island-Moline moved up 2 positions reaching the 7th place of the rank.
In the 12-month growth league table, Davenport – Rock Island – Moline remained in the
10th place in the rank.
Illinois MSA Indices & Forecast release 10/15/2014 www.real.illinois.edu page 4
120.00
110.00
100.00
90.00
80.00
Decatur (Reference Month – August 2015)
Current 93.34
Historical
Forecast
1 Month
92.82
93.61
3 Month
91.44
93.66
1 Year
86.09
79.43 ~ 99.08
Decatur MSA
130.00
Decatur
Chicago
Other MSAs
70.00
Decatur MSA League: Non-Farm Employment Growth Rate
Compared to the previous month, Decatur remained in the 1st place in the rank.
In the 12 months growth league table, Decatur moved up 2 positions reaching the 6th place in the rank.
Illinois MSA Indices & Forecast release 10/15/2014 www.real.illinois.edu page 5
130.00
120.00
110.00
100.00
90.00
80.00
70.00
Kankakee - Bradley (Reference Month – August 2015)
Current 100.19
Historical
Forecast
1 Month
101.71
101.14
3 Month
104.23
102.29
1 Year
94.14
85.81 ~ 116.16
Kankakee - Bradley MSA
140.00
K - B
Chicago
Other MSAs
60.00
Kankakee - Bradley MSA League: Non-Farm Employment Growth Rate
Kankakee – Bradley remained in the 10th place of the monthly growth league table.
In the 12-month growth league table, Kankakee– Bradley moved down 5 positions reaching the
9th place of the rank.
Illinois MSA Indices & Forecast release 10/15/2014 www.real.illinois.edu page 6
120.00
110.00
100.00
90.00
80.00
70.00
Peoria (Reference Month – August 2015)
Current
1 Month
91.30
3 Month
Historical
Forecast
92.99
89.65
95.78
86.44
1 Year
91.80
63.94 ~ 82.25
Peoria MSA
140.00
130.00
Peoria
Chicago
Other MSAs
60.00
Peoria MSA League: Non-Farm Employment Growth Rate
Compared to last month, Peoria moved down 6 positions reaching the 9th place of the rank.
In the 12-month growth league table, Peoria moved up 1 position reaching the 8th place of the rank.
Illinois MSA Indices & Forecast release 10/15/2014 www.real.illinois.edu page 7
130.00
120.00
110.00
100.00
90.00
80.00
70.00
60.00
Rockford (Reference Month – August 2015)
Current 100.52
Historical
Forecast
1 Month
100.57
99.40
3 Month
100.73
98.64
1 Year
95.15
87.13 ~ 99.15
Rockford MSA
140.00
Rockford
Chicago
Other MSAs
Rockford MSA League: Non-Farm Employment Growth Rate
Compared to last month, Rockford moved up five positions reaching the 3rd place of the rank.
In the 12-month growth league table, Rockford remained at the 3rd place of the rank.
Illinois MSA Indices & Forecast release 10/15/2014 www.real.illinois.edu page 8
120.00
110.00
100.00
90.00
80.00
Springfield (Reference Month – August 2015)
Current 100.81
1 Month 3 Month
Historical
Forecast
99.54
102.06
97.14
104.08
1 Year
86.92
101.92 ~ 108.34
Springfield MSA
140.00
130.00
Springfield
Chicago
Other MSAs
70.00
60.00
Springfield MSA League: Non-Farm Employment Growth Rate
Compared to last month, Springfield moved up 2 positions reaching the 5th place of the rank.
In the 12-month growth league table, Springfield remained in the 7th place of the rank.
Notes:
MSA Indices series are available in the appendix
Illinois MSA Indices & Forecast release 10/15/2014 www.real.illinois.edu page 9
Appendix
B-N
May-04 86.87
Jun-04 85.69
Jul-04
Aug-04
Sep-04
Oct-04
Nov-04
84.78
83.93
83.33
83.16
83.45
Dec-04
Jan-05
84.22
85.37
Feb-05 86.64
Mar-05 87.69
Apr-05 88.30
May-05 88.49
Jun-05 88.36
Jul-05
Aug-05
Sep-05
Oct-05
Nov-05
87.90
87.24
86.58
86.17
86.21
Dec-05
Jan-06
86.78
87.83
Feb-06 89.12
Mar-06 90.23
Apr-06 90.90
May-06 91.25
Jun-06 91.35
Jul-06
Aug-06
Sep-06
Oct-06
Nov-06
Dec-06
Jan-07
91.15
90.70
90.22
89.84
89.69
89.93
90.57
Feb-07 91.41
Mar-07 92.24
Apr-07 92.90
May-07 93.40
Jun-07 93.89
Jul-07
Aug-07
Sep-07
Oct-07
94.61
95.54
96.58
97.69
Nov-07 98.90
Dec-07 100.13
C-U
103.25
102.94
102.77
103.13
103.90
104.56
104.90
105.04
105.32
105.77
106.50
107.55
108.85
110.41
112.14
113.93
103.52
103.62
103.26
103.01
103.04
103.61
104.53
105.25
105.44
105.21
104.72
104.18
103.74
103.52
115.66
117.03
117.77
117.87
117.38
116.49
115.45
114.59
113.84
113.44
113.60
114.38
115.73
117.19
Illinois MSA Indices & Forecast
D-RI-M
106.63
106.73
106.86
106.97
107.09
107.36
107.87
108.52
109.20
109.78
110.30
110.72
110.75
110.69
111.25
112.61
100.09
96.15
96.65
97.23
98.17
99.51
101.09
102.76
104.16
105.05
105.62
106.08
106.37
106.51
114.23
115.04
114.73
114.03
113.46
113.23
113.50
114.14
114.83
115.39
115.51
115.28
115.18
115.40
Decatur
107.51
109.10
111.03
112.90
114.45
116.00
117.80
119.68
120.76
120.77
120.16
119.48
119.16
119.34
119.86
120.43
102.65
92.33
94.37
96.39
98.22
99.90
101.35
102.38
103.15
103.81
104.37
104.87
105.53
106.35
120.61
120.23
119.55
118.81
118.15
117.60
116.88
115.88
114.74
113.68
112.79
111.98
111.25
110.72
Peoria Rockford Springfield
102.41
102.52
102.77
103.11
103.65
104.45
105.45
106.54
107.39
107.94
108.43
109.00
109.66
110.62
112.08
113.86
96.76
89.20
89.78
90.38
91.05
91.77
92.57
93.70
95.34
97.45
99.43
100.97
101.88
102.28
115.92
118.13
120.07
121.22
121.55
121.39
121.02
120.53
119.90
119.26
118.81
118.75
119.11
119.69
107.71
107.94
108.07
108.20
108.43
108.83
109.47
110.23
111.16
112.12
113.02
113.79
114.31
114.65
114.94
115.28
101.22
102.56
103.22
103.75
104.06
104.16
104.16
104.23
104.38
104.69
105.25
105.93
106.65
107.28
115.77
116.45
117.26
118.09
118.89
119.58
120.10
120.33
120.23
119.88
119.32
118.63
117.93
117.24
100.21
100.16
100.42
100.84
101.21
101.54
101.82
102.02
102.32
102.74
103.01
103.10
103.24
103.49
103.86
104.29
92.86
99.74
100.64
101.68
102.98
104.44
105.56
105.91
105.22
103.88
102.52
101.54
100.90
100.47
104.70
105.08
105.43
105.69
105.87
106.17
106.70
107.48
108.67
110.41
112.41
114.27
115.82
117.12
K-B
103.14
103.67
104.55
105.84
107.61
109.89
112.27
113.61
113.45
112.22
110.57
109.16
108.24
107.92
108.30
109.42
100.07
95.74
94.93
94.33
94.08
94.37
95.31
96.63
97.88
98.94
99.93
100.91
101.86
102.63
111.16
113.43
115.87
117.82
119.07
119.60
119.55
119.04
118.01
116.61
115.32
114.68
114.73
114.95 release 10/15/2014 www.real.illinois.edu page
10
Jan-08 101.27
Feb-08 102.37
Mar-08 103.44
Apr-08 104.40
May-08 105.15
Jun-08 105.69
Jul-08 105.76
Aug-08 105.22
Sep-08 104.18
Oct-08 102.78
Nov-08 101.36
Dec-08 100.27
Jan-09 99.86
Feb-09 100.53
Mar-09 102.13
Apr-09 104.38
May-09 106.99
Jun-09 109.60
Jul-09 112.09
Aug-09 114.40
Sep-09 116.56
Oct-09 118.56
Nov-09 120.04
Dec-09 120.58
Jan-10 120.05
Feb-10 118.58
Mar-10 116.69
Apr-10 114.95
May-10 113.62
Jun-10 112.62
Jul-10 111.85
Aug-10 111.14
Sep-10 110.31
Oct-10 109.40
Nov-10 108.62
Dec-10 108.17
Jan-11 108.02
Feb-11 108.12
Mar-11 108.28
Apr-11 108.37
May-11 108.29
Jun-11 108.11
Jul-11 108.18
Aug-11 108.73
Sep-11 109.94
Oct-11 111.68
Nov-11 113.34
95.50
94.76
93.88
92.92
92.05
91.58
91.98
93.08
94.35
107.72
105.13
102.42
100.04
98.18
96.94
96.13
118.39
119.00
119.10
118.88
118.59
118.37
118.30
118.13
117.49
116.05
114.08
112.04
109.99
87.36
86.51
86.13
86.14
86.46
87.08
87.78
95.31
95.74
95.59
94.89
93.73
92.20
90.41
88.69
88.29
88.41
88.40
Illinois MSA Indices & Forecast
87.53
87.29
87.20
87.08
86.87
86.61
86.39
86.20
85.86
103.65
100.22
97.02
94.25
91.78
89.73
88.28
115.76
115.92
115.85
115.69
115.65
115.58
115.34
114.89
114.14
113.02
111.41
109.36
106.78
86.58
87.47
88.59
89.64
90.35
90.64
90.57
85.46
85.22
85.16
85.22
85.34
85.40
85.57
85.96
90.37
90.11
89.83
91.47
90.81
90.35
90.12
90.26
91.01
92.45
94.37
96.34
98.90
96.37
94.65
93.58
92.93
92.54
92.10
110.41
110.06
109.56
108.95
108.43
107.98
107.56
107.27
106.96
106.43
105.53
104.04
101.76
96.49
95.78
95.50
95.73
96.36
97.09
97.46
97.83
98.63
98.88
98.82
98.57
98.29
97.96
97.34
97.44
97.40
97.45
87.43
87.18
87.17
87.42
87.80
88.28
89.19
90.65
92.34
102.37
98.34
94.73
91.99
90.02
88.69
87.88
120.25
120.50
120.18
119.43
118.59
117.71
116.94
116.31
115.57
114.41
112.54
109.84
106.33
91.80
90.85
90.40
90.30
90.55
91.18
92.05
93.96
95.14
95.70
95.88
95.87
95.51
94.62
93.23
92.84
93.47
94.22 release 10/15/2014 www.real.illinois.edu
101.69
99.74
98.70
98.28
98.01
97.61
97.11
96.51
95.88
95.52
95.77
96.59
97.74
98.62
99.01
98.67
115.10
115.63
116.27
116.42
116.24
115.87
115.31
114.61
113.84
112.77
110.89
107.97
104.59
87.76
86.45
85.69
85.42
85.71
86.42
87.47
97.56
96.31
95.17
94.17
93.34
92.39
91.08
89.47
88.75
89.94
90.63 page
11
87.82
87.93
87.94
87.90
87.90
88.08
88.47
88.99
89.47
95.79
93.35
91.26
89.61
88.48
87.89
87.74
116.52
115.78
114.96
113.98
112.78
111.49
110.17
108.83
107.30
105.48
103.36
100.97
98.40
91.44
91.12
90.62
90.05
89.52
89.17
88.98
89.86
90.14
90.35
90.55
90.79
91.08
91.35
91.49
88.98
89.11
89.31
117.60
117.05
115.85
114.26
112.62
111.14
109.94
109.23
109.14
109.53
110.03
110.19
109.78
108.86
107.57
106.06
118.03
118.47
118.56
118.27
117.56
116.69
115.95
115.65
115.83
116.27
116.78
117.24
117.57
94.47
93.05
91.82
90.79
89.76
88.59
87.30
104.53
103.09
102.03
101.31
100.56
99.44
97.87
96.12
86.19
85.60
85.47
Dec-11 114.10
Jan-12 113.45
Feb-12 111.79
Mar-12 109.79
Apr-12 107.90
May-12 106.20
Jun-12 104.80
Jul-12 103.82
Aug-12 103.33
Sep-12 103.09
Oct-12 103.01
Nov-12 103.06
Dec-12 103.19
Jan-13 103.26
Feb-13 103.22
Mar-13 103.10
Apr-13 103.14
May-13 103.48
Jun-13 104.23
Jul-13 105.33
Aug-13 106.66
Sep-13 107.98
Oct-13 109.02
Nov-13 109.38
Dec-13 109.08
Jan-14 108.43
Feb-14 107.42
Mar-14 106.32
Apr-14 105.39
May-14 104.53
Jun-14 103.54
Jul-14 102.31
Aug-14 100.81
Sep-14 99.01
Oct-14
Nov-14
Dec-14
96.90
94.76
92.86
Jan-15
Feb-15
91.24
89.91
Mar-15 89.01
Apr-15 88.50
May-15 88.27
Jun-15 88.06
July-15 87.70
Aug-15
Sep-15
Oct-15
87.26
86.83
86.48
90.49
89.28
88.21
87.41
87.09
87.29
87.82
88.54
89.49
92.37
92.54
92.96
93.27
93.16
92.62
91.65
88.72
89.61
90.78
91.84
92.49
92.74
92.73
92.69
92.61
92.62
92.76
92.74
92.53
90.36
90.93
91.28
91.68
92.41
93.58
95.13
97.10
99.36
101.61
103.23
104.10
104.48
104.47
104.51
104.44
104.08
103.34
Illinois MSA Indices & Forecast
94.09
94.20
93.99
93.48
92.97
92.73
92.82
93.10
93.61
94.30
95.10
95.94
96.93
98.23
99.78
101.19
89.63
89.76
90.42
91.42
92.35
93.01
93.44
93.66
93.74
93.81
93.88
93.88
93.92
102.33
103.45
104.70
105.75
105.77
104.87
103.98
103.67
104.03
104.71
105.31
105.62
105.39
104.21
102.29
100.15
98.58
98.05
87.58
86.98
86.43
86.05
85.87
86.09
86.77
87.57
88.54
90.55
90.68
90.38
89.80
89.12
88.57
88.12
97.71
98.28
99.06
99.75
99.60
98.36
96.58
94.67
92.99
91.75
90.94
90.48
90.37
93.21
92.19
91.38
91.11
91.44
92.15
92.82
89.78
91.04
92.09
92.89
93.37
93.64
93.83
93.81
93.34
93.61
93.67
90.75
90.56
90.46
90.61
91.04
91.80
92.91
94.34
95.84
94.60
93.29
92.31
91.58
91.13
90.96
90.90
95.32
96.78
98.42
99.89
100.95
101.37
101.40
101.26
100.87
100.14
99.12
97.80
96.21
97.33
96.97
96.81
96.54
95.78
94.56
92.99
97.14
97.98
98.43
98.62
98.59
98.48
98.15
97.69
91.30
89.65
88.06 release 10/15/2014 www.real.illinois.edu
93.16
94.18
94.48
94.34
94.18
94.14
94.19
94.78
96.18
84.69
85.06
85.81
86.94
88.35
89.98
91.65
90.89
91.09
91.18
90.92
90.23
89.21
88.09
87.16
86.41
85.74
85.12
84.74
84.62
98.21
100.55
102.83
104.57
105.40
105.52
105.38
105.19
105.12
105.34
105.47
105.09
104.23
103.10
101.71
100.19
101.14
101.99 page
12
93.87
94.06
94.29
94.60
94.89
95.15
95.46
95.85
96.40
92.81
93.24
93.45
93.47
93.47
93.54
93.69
89.56
89.87
90.26
90.66
91.02
91.27
91.41
91.44
91.39
91.41
91.54
91.83
92.26
97.12
97.94
98.80
99.63
100.38
100.99
101.40
101.58
101.55
101.36
101.04
100.81
100.73
100.66
100.57
100.52
99.40
99.12
90.37
89.59
88.62
87.67
86.96
86.92
87.63
88.76
90.01
88.77
89.36
89.66
89.92
90.32
90.66
90.73
85.58
85.75
85.92
86.21
86.55
86.95
87.42
87.81
88.00
87.92
87.74
87.75
88.09
91.61
92.66
94.32
95.84
97.14
98.31
99.54
91.32
92.70
93.94
94.56
94.31
93.37
92.30
91.58
100.81
102.06
103.18
Nov-15
Dec-15
Jan-16
86.22
86.08
86.07
Feb-16 86.24
Mar-16 86.62
Apr-16 87.20
May-16 87.95
June-16 88.80
July-16
Aug-16
89.67
90.48
Notes
102.34
101.3
100.49
100.06
100.04
100.36
100.93
101.68
103.48
105.33
B-N=Bloomington-Normal
C-U=Champaign-
Urbana
K-B= Kankakee-
Bradley
D-RI-M=Davenport-Rock Island-Moline
98.53
99.69
101.15
102.77
104.66
107.15
110.55
115.04
120.63
127.16
93.66
93.62
93.51
93.16
92.47
91.42
90.11
88.71
87.36
86.12
86.44
84.68
82.76
80.71
78.61
76.52
74.49
72.52
70.61
68.73
98.64
97.98
97.22
96.41
95.58
94.75
93.88
92.95
91.92
90.80
104.08
104.67
104.96
104.99
104.88
104.76
104.79
105.08
105.72
106.68
102.29
102.23
102.03
101.84
101.63
101.29
100.71
99.84
98.72
97.44
Illinois MSA Indices & Forecast release 10/15/2014 www.real.illinois.edu page
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