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Welcome to the archives for NewsTalk, an IBJ blog published from November 2007 through December 2010.
Economy Blog Posts
Indiana's shape is relative
January 21, 2010
Comment(1)Indiana is good financial condition. Sort of.
MoreReal estate commissions
December 30, 2009
Comment(1)Realtor incomes went down this year despite a miniscule increase in commission rates.
More'Most accurate' forecaster predicts surge
December 28, 2009
Comments(2)A rising stock market will prompt consumers to start spending again, says Barclays economist Dean Maki.
MoreEven Bentley sales are down
December 16, 2009
Comment(1)A Zionsville dealer says the economy is influencing its wealthy buyers, but things would be worse under Rolls-Royce.
MoreLilly Endowment's two-fer
December 15, 2009
Comment(1)Its education focus just might make the endowment more of a jobs engine than the Indiana Economic Development Corp.
MoreLights out (crime up?) in Muncie
December 11, 2009
Comments(2)Muncie plans to turn out most of its street lights to keep from going broke. But what about the social consequences?
MoreKeeping wage figures secret
December 8, 2009
Comments(4)IBJ isn't the only news organization wondering whether the Indiana Economic Development Corp. is getting good bang
for the buck.
MoreMarsh, then and now
December 7, 2009
Comments(16)Now that Marsh Supermarkets is being run like a real business, has the shopping experience changed?
MoreCarp, shipping and a lawsuit
December 3, 2009
Comments(2)A lawsuit aimed at stopping invasive carp from reaching Lake Michigan could bring some forms of shipping to a grinding halt.
MoreRich flocking to real estate
November 30, 2009
Comments(6)A survey shows wealthy investors are targeting real estate. But what about Indianapolis?
MoreAnalyst: No trucking U-turn till late 2010
November 18, 2009
Comment(1)FTR Associates analyst Jon Starks says truck manufacturers won't feel an improved economy until at least late 2010.
MoreDaniels and entrepreneurship
November 16, 2009
Comment(1)Does Gov. Mitch Daniels' economic development strategy emphasize job attraction at the expense of entrepreneurship?
MoreIs China a 'paper dragon'?
November 11, 2009
Comment(1)For various reasons, more experts are doubting China's underlying strength.
MoreHolding steady on Wawasee
November 10, 2009
Comment(1)Lake Wawasee, the popular northern Indiana getaway for some of the wealthiest people in the Indianapolis area, is doing fairly
well despite the real estate bust.
MoreLayoff euphemisms
November 9, 2009
Comments(6)Corporations simply don't like direct language, a Butler University professor says.
MoreSaturn's loss, Byrider's gain
November 3, 2009
Comments(2)J.D. Byrider, the Indianapolis chain of used-car lots, is courting Saturn dealers to come into the fold as Byrider franchisees.
MoreA harrowing tale of decline
October 20, 2009
Comments(0)Telling a story about a company and a union that both feared the future, and fought to a bitter draw.
MoreAnother year of bank migration?
October 16, 2009
Comments(0)More than a year a year after the financial crisis began, businesses are still looking for new bank relationships.
MoreAssessing the stimulus in Indiana
October 15, 2009
Comment(1)The preliminary numbers are out on the effect of the $787 billion federal stimulus on Indiana.
MoreTaking Ostrom to Indiana forests
October 13, 2009
Comments(0)How rich that Elinor Ostrom, the Indiana University professor who won a Nobel prize for economics yesterday, got her nails
dirty researching how people in pockets of forests in undeveloped nations allocate their natural resources.
MoreFederal workers dodging layoffs
October 9, 2009
Comments(0)One of the best places to have waited out this recession was in federal government. Federal workers have pretty much gotten
a bye on pink slips at a time private sector employees have taken it on the chin.
MoreNoblesville sacks economic development director
October 2, 2009
Comments(2)Noblesville Mayor John Ditslear has fired the city's economic development director, Kevin Kelly, after Kelly had been on the job for about two years.
Indy housing market getting some traction
September 30, 2009
Comments(0)The grueling years of the housing downturn in the Indianapolis area appear to be over, a real estate veteran says, but a full
recovery is one to two years away.
MoreA beachhead in Warsaw
September 16, 2009
Comments(0)The launch of the orthopedics not-for-profit OrthoWorx is quite an accomplishment in Warsaw, where some of the world's
biggest companies fight tooth-and-nail.
MoreRecession likely over in Indiana
September 10, 2009
Comment(1)More evidence arrived yesterday that the recession in Indiana has finally bottomed. But little of that evidence suggests a
quick recovery.
More
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.