Economic Recovery
U.S. retail sales increase for sixth straight month
December 13, 2011
Associated PressAmericans spent more on autos, furniture and clothing at the start of the crucial holiday shopping season, boosting retail
sales for a sixth straight month. Meanwhile, sales fell at grocery stores, building supply stores and restaurants.
MoreUnemployment aid applications drop to 9-month low
December 8, 2011
Associated PressEmployers added a net total of 120,000 jobs last month. The economy has generated 100,000 or more jobs five months in a row
— the first time that has happened since April 2006.
MoreUnemployment rate falls to lowest level since March 2009
December 2, 2011
Associated PressThe U.S. unemployment rate fell last month to its lowest level in more than 2-1/2 years as more of the unemployed either found
jobs or gave up looking and were no longer counted as jobless.
MoreThird-quarter economic growth revised downward
November 22, 2011
Associated PressThe Commerce Department said Tuesday that the economy grew at an annual rate of 2 percent in the July-September quarter, lower
than an initial 2.5-percent estimate made last month. The government also said after-tax incomes fell by the largest amount
in two years.
MoreUnemployment dips despite decline in pace of hiring
November 4, 2011
Associated PressThe national economy added 80,000 jobs last month, the fewest in four months, but the unemployment rate dipped from 9.1 percent
to 9 percent.
MoreIU experts: Economy to stay 'lousy' in 2012
November 3, 2011
Economists from the Kelley School of Business predict the national economy will grow a modest 2.5 percent to 3 percent next
year, while unemployment will remain high.
MoreEconomy grew 2.5 percent in third quarter
October 27, 2011
Associated PressBuoyed by a resurgent consumer and strong business investment, the economy expanded at an annual rate of 2.5 percent in the
July-September quarter. The modest expansion followed anemic growth in the first half of the year
MoreStrategist: Uncertainty still holding back U.S. economy
October 21, 2011
Scott Olson
In order to get the U.S. economy to grow at a respectable 3-percent annual rate, the government needs to get a grip
on the debt crisis while corporations needs to start spending the money they've stockpiled.
Economy grew at weak 1.3-percent rate in 2nd quarter
September 29, 2011
Associated PressThe U.S. economy grew slightly faster in the spring than previously estimated but remained dangerously weak in the face of
high unemployment and higher gas prices.
MoreRetail sales in U.S. stagnate amid poor job market
September 14, 2011
Bloomberg NewsRetail sales in the U.S. unexpectedly stagnated in August as a lack of jobs restrained shoppers. Chains like Best Buy Co.
and Target Corp. say a struggling labor market that’s battered confidence is hurting sales.
MoreU.S. consumer confidence falls to 2-year low
August 30, 2011
Associated PressStocks fell Tuesday morning after consumer confidence dropped to the lowest level since April 2009. Retailers and other companies
that depend on consumer spending had the steepest losses.
MoreThis year's metro area job losses deeper than in peer cities
August 27, 2011
J.K. WallAs the national economy sputters, the Indianapolis area is losing jobs faster than its peers, falling to levels not seen since
2002.
MoreEconomy still tough, but a few Hoosier industries on upswing
August 20, 2011
J.K. WallTwo years into the economic recovery, bright spots in the Indiana job market are still hard to find. The insurance industry
is one of the few glimmers of light on Indiana’s horizon. Others include engine makers, nursing homes and temp agencies.
MoreState's unemployment rate rises to 8.5 percent
August 19, 2011
Indiana's jobless rate moved up from 8.3 percent in June. The rate had held steady at 8.2 percent the previous two months.
MoreUnemployment aid applications fall to 4-month low
August 11, 2011
Associated PressThe number of people seeking unemployment benefits fell last week below 400,000 for the first time in four months, a sign
that the job market may be improving again slowly after a recent slump.
MoreIndianapolis-based banks struggle to emerge from slump
August 6, 2011
Francesca JaroszIndiana regional banks and national institutions are faring better, a possible indication that Indianapolis' economy isn't
recovering as quickly as expected.
MoreStocks go on roller coaster ride after jobs report
August 5, 2011
Associated PressMarket swings continued all day after a better-than-expected employment report. By the market's close, the Dow was up
60 points, or 0.54 percent, to 11,444.
MoreStocks turn lower as optimism about jobs fades
August 5, 2011
Associated PressStocks rebounded Friday on a report that the U.S. added more jobs than expected during July, but quickly retreated.
MoreU.S. jobless rate dips as economy adds 117,000 jobs
August 5, 2011
Associated PressHiring picked up slightly in July and the unemployment rate dipped to 9.1 percent, an optimistic sign after the worst day
on Wall Street in nearly three years.
MoreEconomy growing at slowest pace since recession
July 29, 2011
Associated PressThe economy expanded at a meager 1.3-percent annual rate in the spring after scarcely growing at all in the first three months
of the year, the Commerce Department said Friday. The combined growth for the first six months of the year was the weakest
since the recession ended two years ago.
MoreUnemployment aid applications stuck at high level
June 9, 2011
Associated PressThe number of people seeking unemployment benefits hardly changed for a second straight week, stuck at a high level that points
to a slowing job market.
MoreRegional banks targeting midsize companies in Indiana
May 21, 2011
Scott OlsonImproved economy, loosening credit standards are driving increased lending.
MoreState’s jobless rate falls again, to 8.2 percent
May 20, 2011
Despite a decrease in private sector jobs, Indiana's unemployment rate in April dropped 0.3 percentage points, to 8.2 percent,
the lowest it's been since December 2008.
MoreEconomy adds 244,000 jobs, but unemployment rate ticks up
May 6, 2011
Associated PressThe job gains were widespread. Retailers, factories, financial companies, education and health care and even construction
companies all added jobs. Federal, state and local governments cut jobs.
MoreMARCUS: The recovery is over ... or maybe not
April 2, 2011
Morton MarcusThe recession in Indiana and the nation lasted only three quarters. But the Hoosier recovery took six quarters.
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Members must realize if you stop paying your dues you will lose. Why else would your employer honor the rtw bill. Before you take this step think about what you may be giving up in the long run. Very little of your dues money goes to any dem candidate. YOu will never know how much your republican employer gives his party with money he could be paying the employee. Who will step up and demand better wages or benefits if you have no representation. Union is the way for a better life. Our carpenter union offers a 4 year apprenticeship and 2 year degree from Ivy Tech all paid for with union dues . This is a great opportunity for kids who cant afford schooling after high school. The same opportunity is there for any person,any age, either sex to provide a better living for their family. Pension, anuity, health insurance all for your dues. How is this a bad choice.
The FDIC is funded by assessments paid by banks, not taxpayers. That is not to say that bank customers don't ultimately pay the cost because, in the end, banks don't survive if they don't make profits.
SCB Bank's failure is expected to cost the government $33.9 million,dont you mean middle class another bailout our government has no money
Diogenes, the company did not call "pro-life" statements inflammatory. The IBJ article used the words "pro life."
All, the company did, is what it should do which is apologize profusely for offending people with a program that offered statements that support an infamous apartheid proponent, Dr. Verwoerd, suggest that sometimes rape is justified, and quote Biblical text to people, not looking for it.
If this is what you think is "insanity" then more companies need to behave insanely.
I totally disagree with $45mil being given to the state Attorney General's office. That money is a waste. All of the money should go to help the homeowners & the people who were foreclosed on. Why such a big percentage to state govt? They'll get to start another agency staffed with people who have new-found power & don't care about the people they serve. As soon as the program was announced, I knew the states would end up with a huge chunk of the money for themselves that would just be squandered. Or maybe Mitch Daniels will just happen to "find" another big chunk of money that was "posted in the wrong section of the state's books."