Economic Recovery

U.S. retail sales increase for sixth straight month

December 13, 2011
Associated Press
Americans 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.
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Unemployment aid applications drop to 9-month low

December 8, 2011
Associated Press
Employers 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.
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Unemployment rate falls to lowest level since March 2009

December 2, 2011
Associated Press
The 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.
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Third-quarter economic growth revised downward

November 22, 2011
Associated Press
The 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.
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Unemployment dips despite decline in pace of hiring

November 4, 2011
Associated Press
The 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.
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IU 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.
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Economy grew 2.5 percent in third quarter

October 27, 2011
Associated Press
Buoyed 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
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Strategist: Uncertainty still holding back U.S. economy

October 21, 2011
Scott Olson
2012 Augustine forecastIn 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.
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Economy grew at weak 1.3-percent rate in 2nd quarter

September 29, 2011
Associated Press
The 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.
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Retail sales in U.S. stagnate amid poor job market

September 14, 2011
Bloomberg News
Retail 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.
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U.S. consumer confidence falls to 2-year low

August 30, 2011
Associated Press
Stocks 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.
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This year's metro area job losses deeper than in peer citiesRestricted Content

August 27, 2011
J.K. Wall
As the national economy sputters, the Indianapolis area is losing jobs faster than its peers, falling to levels not seen since 2002.
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Economy still tough, but a few Hoosier industries on upswingRestricted Content

August 20, 2011
J.K. Wall
Two 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.
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State'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.
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Unemployment aid applications fall to 4-month low

August 11, 2011
Associated Press
The 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.
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Indianapolis-based banks struggle to emerge from slumpRestricted Content

August 6, 2011
Francesca Jarosz
Indiana regional banks and national institutions are faring better, a possible indication that Indianapolis' economy isn't recovering as quickly as expected.
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Stocks go on roller coaster ride after jobs report

August 5, 2011
Associated Press
Market 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.
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Stocks turn lower as optimism about jobs fades

August 5, 2011
Associated Press
Stocks rebounded Friday on a report that the U.S. added more jobs than expected during July, but quickly retreated.
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U.S. jobless rate dips as economy adds 117,000 jobs

August 5, 2011
Associated Press
Hiring 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.
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Economy growing at slowest pace since recession

July 29, 2011
Associated Press
The 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.
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Unemployment aid applications stuck at high level

June 9, 2011
Associated Press
The 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.
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Regional banks targeting midsize companies in IndianaRestricted Content

May 21, 2011
Scott Olson
Improved economy, loosening credit standards are driving increased lending.
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State’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.
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Economy adds 244,000 jobs, but unemployment rate ticks up

May 6, 2011
Associated Press
The 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.
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MARCUS: The recovery is over ... or maybe not

April 2, 2011
Morton Marcus
The recession in Indiana and the nation lasted only three quarters. But the Hoosier recovery took six quarters.
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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now

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