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Erie Leading Index Shows Signs of Economic Optimism

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ERIE — The Economic Research Institute of Erie (ERIE) recently released the newest issue of the ERIE Leading Index (ELI), which covers data from the first quarter of 2015. As we officially kick off summer, researchers say ELI continues to provide that “burst of sunshine which gives us reason to remain optimistic about the local economy.” According to ERIE, ELI has again surpassed its previous record high, continuing the upward trend that started in 2010 and increasing by 1.6 percent in March 2015 compared to a year earlier. Read the full report here.