Business Services Industry

Peoria, Ill.-Area Economy Remains Stable.

Knight Ridder/Tribune Business News, February, 2002

By Anita Szoke, Journal Star, Peoria, Ill. Knight Ridder/Tribune Business News

Feb. 26--PEORIA, Ill.--The central Illinois economy remained stable in the fourth quarter despite national economic stresses, according to a Bradley University report.

The Peoria area's overall stable economy, and continued low unemployment numbers end a slowing trend that spanned the last five consecutive quarters, said Bernard Goitein, director of the Center for Business and Economic Research at Bradley University, which compiles the Statistical Composite of the Peoria-Pekin Economy for the Journal Star each quarter.

"While other forces were challenging the United States and Illinois, we, in this area, stayed stable," Goitein said. "The recession continued...

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