Note: Values shown on the “1 Year” forecast represent a pessimistic – optimistic scenario. For estimated values please see Appendix.
ILLINOISMSA Indices & Forecast /
Release
05/15/2012 / data
May 2004 / Mar 2013 / Issue
2013.05 / www.real.illinois.edu
*When figures dropping zero represents that MSAs are doing worse than Chicago; when figures rising above zero represents that MSAs are doing better than Chicago.
§ Before Jan 2008, MSA Davenport and Decatur performed worse than Chicago. However, after Jan 2008, they started performing better than Chicago.
§ From early 2007 to early 2009, MSA Bloomington, Champaign-Urbana-Rantoul, Peoria, Rockford, Springfield and Kankakee performed better than Chicago.
§ However, from Mid-2009 to late-2011, these MSAs generally performed worse than Chicago.
§ According to the forecast one year ahead, MSA Bloomington and Springfield will do better than Chicago by March 2014. Champaign, Davenport-Rock Island-Moline, Decatur, Rockford and Kankakee will compare favorably to Chicago. MSA Peoria might perform no better than Chicago.
v Bloomington-Normal (Reference Month – Mar 2013)
Current / 94.231 Month / 3 Month / 1 Year
Historical / 94.23 / 92.71 / 83.22
Forecast / 94.90 / 96.26 / 96.72 / ~ / 109.21
Bloomington-Normal MSA League: Non-Farm Employment Growth Rate:
§ Bloomington-Normal in Mar gained by moving up 1 position reaching the 3rd place of the rank.
§ In the 12 month growth league table Bloomington-Normal moving up 4 positions reaching the 4th place of the rank.
v Champaign-Urbana (Reference Month – Mar 2013)
Current / 90.771 Month / 3 Month / 1 Year
Historical / 90.77 / 90.96 / 90.88
Forecast / 90.81 / 90.58 / 82.36 / ~ / 98.60
Champaign- Urbana MSA League: Non-Farm Employment Growth Rate:
§ Champaign-Urbana-Rantoul gained in Mar by moving up 3 positions reaching the 2nd place in the rank.
§ In the 12 months growth league table, Champaign-Urbana-Rantoul moving up 5 positions reaching the 1st place of the rank.
v Davenport-Rock Island-Moline (Reference Month – Mar 2013)
Current / 104.101 Month / 3 Month / 1 Year
Historical / 104.10 / 109.63 / 113.66
Forecast / 101.26 / 96.93 / 92.18 / ~ / 105.36
Davenport – Rock Island–Moline MSA League: Non-Farm Employment Growth Rate:
§ Davenport-Rock Island-Moline in Mar moving down 6 positions reaching the 8th place in the rank.
§ In the 12 months growth league table, Davenport – Rock Island – Moline moved up 1 position to the 8th place in the rank.
v Decatur (Reference Month – Mar 2013)
Current / 102.931 Month / 3 Month / 1 Year
Historical / 102.93 / 101.59 / 105.38
Forecast / 103.08 / 103.07 / 93.14 / ~ / 105.31
Decatur MSA League: Non-Farm Employment Growth Rate
§ Compared to the previous month, Decatur remained in the same position in the rank.
§ In the 12 months growth league table, Decatur remained in the last place in the rank.
v Kankakee - Bradley (Reference Month – Mar 2013)
Current / 99.671 Month / 3 Month / 1 Year
Historical / 99.67 / 89.88 / 98.52
Forecast / 99.14 / 96.31 / 86.72 / ~ / 100.59
Kankakee - Bradley MSA League: Non-Farm Employment Growth Rate
§ Compared to last month, Kankakee – Bradley moving up 5 positions reaching the 1st place in the rank.
§ In the 12 months growth league table, Kankakee– Bradley moved down 1 position reaching the 2nd position of the rank.
v Peoria (Reference Month – Mar 2013)
Current / 85.161 Month / 3 Month / 1 Year
Historical / 85.16 / 86.84 / 97.88
Forecast / 84.78 / 85.15 / 80.12 / ~ / 93.12
Peoria MSA League: Non-Farm Employment Growth Rate
§ Peoria remained in the same position of the rank.
§ In the 12 months growth league table, Peoria moved down 4 positions reaching the 9th place in the rank.
v Rockford (Reference Month – Mar 2013)
Current / 90.811 Month / 3 Month / 1 Year
Historical / 90.81 / 89.09 / 92.40
Forecast / 91.14 / 92.07 / 90.01 / ~ / 103.82
Rockford MSA League: Non-Farm Employment Growth Rate
§ Rockford remained in the same place of the rank.
§ In the 12 months growth league table, Rockford also remained in the same place in the rank.
v Springfield (Reference Month – Mar 2013)
Current / 99.631 Month / 3 Month / 1 Year
Historical / 99.63 / 98.25 / 101.81
Forecast / 99.65 / 102.45 / 102.58 / ~ / 116.25
Springfield MSA League: Non-Farm Employment Growth Rate
§ Springfield gained 2 positions in the rank reaching the 6th place.
§ In the 12 months growth league table Springfield lost 2 positions reaching the 5th place in the rank.
Illinois MSA Indices & Forecast / release 04/15/2012 / www.real.illinois.edu / page 1