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An index that predicts economic activity in the state five to six months in the future strengthened in January for the fifth month in a row, according to the Indiana Business Research Center in Indiana University’s Kelley School of Business.
In other words, the economy should still be expanding early this summer.
The index hit 97.4 in January. That’s nowhere near the 100-plus indexes that were commonplace before the recession, but it’s better than the typical 96 during the recession.