Residence Adjustment in Illinois
ILEADJ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3,217,532.00
Year-over-Year Change
-7.29%
Date Range
1/1/1998 - 1/1/2025
Summary
The Residence Adjustment in Illinois measure tracks the net migration of people into and out of the state, providing insights into population changes and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Residence Adjustment in Illinois series represents the net flow of people moving into or out of the state. It is an important economic indicator used by policymakers and analysts to understand population dynamics and their impact on the state's labor force, housing, and tax base.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
Residence adjustment figures help inform policy decisions related to infrastructure, public services, and economic development in Illinois.
Key Facts
- Illinois experiences net out-migration, with more people leaving the state than moving in.
- Residence adjustment data is used to project future population trends and economic impacts.
- Migration patterns are influenced by factors like job opportunities, cost of living, and quality of life.
FAQs
Q: What does the Residence Adjustment in Illinois measure?
A: The Residence Adjustment in Illinois tracks the net flow of people moving into and out of the state, providing insights into population changes.
Q: Why is this trend relevant for users or analysts?
A: Residence adjustment data is important for understanding population dynamics and their impact on the state's economy, labor force, and public services.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Residence adjustment figures help inform policy decisions related to infrastructure, public services, and economic development in Illinois.
Q: Are there update delays or limitations?
A: The residence adjustment data is subject to the release schedule and methodological limitations of the U.S. Census Bureau.
Related Trends
Real Gross Domestic Product: Social Assistance (624) in Illinois
ILSOCASSRGSP
All Employees: Travel Arrangement and Reservation Services in Illinois
SMU17000006056150001A
All Employees: Investigation and Security Services in Illinois
SMU17000006056160001A
Chain-Type Quantity Index for Real GDP: Accommodation and Food Services (72) in Illinois
ILACCFDQGSP
All Employees: Mining, Logging, and Construction in Illinois
SMU17000001500000001A
Real Gross Domestic Product: Furniture and Related Product Manufacturing (337) in Illinois
ILFURNMANRGSP
Citation
U.S. Federal Reserve, Residence Adjustment in Illinois (ILEADJ), retrieved from FRED.