MSA Indices & Forecast ILLINOIS www.real.illinois.edu

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ILLINOIS

MSA Indices & Forecast

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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