The University of Illinois Flash Index rose to 90.7 in October, an increase of seven-tenths of a point from the previous month and the first substantial increase since the current recession began two years ago.
University of Illinois economist J. Fred Giertz, who has compiled the Flash Index since 1995, said "considerable concern remains about the strength of the recovery, as evidenced by weak consumer spending."
Trotter says the state's situation remains dire. Vendors are months behind in getting paid for their services and Chicago transit systems say they need millions in state funds to avert service cuts or fare hikes.
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