Economy

Study: 15 percent of U.S., Hoosier youth out of school, work

October 21, 2013
Associated Press
Indiana finished 35th among states on the report's Opportunity Index, mostly because of a subpar score in education. The percentage of Hoosiers ages 16-24 not in school or not working mirrored the national average of nearly 15 percent.
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Stocks rise as investors weigh effects of shutdown

October 1, 2013
Bloomberg News
Markets on Tuesday weren't fazed by the the first partial government shutdown in 17 years. Open enrollment for Obamacare exchanges helped WellPoint shares.
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Slower holiday sales growth predicted for 2013

September 17, 2013
Associated Press
Holiday shopping is likely to be hurt by the lackluster economy. In addition, there's a shorter shopping window between Black Friday and Christmas. Last year, there were 32 days during the period and this year there are 25.
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Four Hoosiers rate among 400 wealthiest in U.S.

September 16, 2013
 IBJ Staff
The widow of medical device industry pioneer Bill Cook again is the top Hoosier on the latest Forbes 400 list of the nation's wealthiest people, and this time has cracked the top 100.
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Economic growth better than expected in 2nd quarter

July 31, 2013
Associated Press
U.S. economic growth accelerated in the April-June quarter to a seasonally adjusted annual rate of 1.7 percent. The Bureau of Economic Analysis said the rate released Wednesday was based on incomplete data and would be revised over the next month.
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U.S. economy adds 195K jobs; unemployment rate steady

July 5, 2013
Associated Press
The job growth suggests a stronger economy and makes it more likely the Federal Reserve will slow its bond purchases before year's end.
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Slower U.S. growth might lead Fed to keep up stimulus

June 27, 2013
Associated Press
The U.S. economy may not be strong enough for the Federal Reserve to slow its bond purchases later this year. That's the takeaway from economists after the government cut its estimate of growth in the January-March quarter to a 1.8-percent annual rate.
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Applications to Indiana law schools witherRestricted Content

April 13, 2013
Scott Olson
Applications to three of the four law schools in the state are in free fall as prospective students think twice about taking on mountains of debt at a time job prospects are dim.
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State adds jobs in February at healthy clip

March 29, 2013
Norm Heikens
Hiring surged in several sectors of the economy, but the unemployment rate inched higher as more residents started looking for work.
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Higher payroll taxes take toll on restaurants

March 28, 2013
Associated Press
So far, 2013 has been "a roller coaster ride" for Indiana eateries, according the state trade association's president. Industry observers say a 2-percent increase in the payroll tax is a likely culprit in a nationwide sales decline.
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U.S. economy adds jobs, but unemployment rate rises

February 1, 2013
Associated Press
U.S. employers added 157,000 jobs in January, but the unemployment rate rose to 7.9 percent, up from 7.8 percent in December.
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Economist: Quarterly report shows recession is here

January 30, 2013
 IBJ Staff and Associated Press
Ball State University economist Mike Hicks said the quarterly contraction in the economy only confirms his fears that the United States is already in another recession.
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U.S. unemployment rate remains at 7.8 percent

January 4, 2013
Associated Press
U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.
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REWIND: IBJ's top 10 business stories of 2012

December 26, 2012
Top 10 business stories of 2012 Watch
                           VideoThe state's labor landscape changed, and the housing market improved. Indianapolis basked in the glow of a flawless Super Bowl, and big-name CEOs were shown the door. IBJ's reporters and editors recall the year's biggest stories.
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U.S. economy adds 146,000 jobs as unemployment rate slips

December 7, 2012
Associated Press
The Labor Department's report Friday offered a mixed picture of the economy. Hiring remained steady during November in the face of looming tax increases. But the jobless rate slipped in part because more people stopped looking for work.
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Items in '12 Days of Christmas' increase to $107,000

November 26, 2012
Associated Press
If you get buy all 364 items repeated throughout "The Twelve Days of Christmas" carol, you'll pay 6.1 percent more this year, according to the so-called Christmas Price Index that PNC Wealth Management updates annually.
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State's unemployment rate drops to 8 percent

November 20, 2012
Scott Olson
Indiana added 7,700 private-sector jobs in October, marking the largest monthly gain since May, as the unemployment rate fell for the second straight month.
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Study: Indiana’s airports contribute $14.1B in economic output

November 13, 2012
A new study says the state's 69 public airports support more than 69,000 jobs--about 30 percent of which are tied to Indianapolis International Airport.
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IU: Growth of Indiana’s labor force slowing rapidly

November 13, 2012
Scott Olson
The Indiana Business Research Center attributes the predicted slowdown during the next 30 years to an increasing number of baby boomers entering retirement and a cresting of the decades-long rise in female labor force participation.
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Indiana casino cuts 80 jobs, blames economy

November 9, 2012
Associated Press
A northwestern Indiana casino is blaming the economy and increased competition for its decision to lay off about 80 workers.
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U.S. jobless benefit applications fall slightly

November 8, 2012
Associated Press
The number of people seeking unemployment benefits fell last week by 8,000, but the figures were distorted by Superstorm Sandy. The four-week average of applications, a less volatile measure, rose by 3,250.
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Stocks plunge after election, and as Europe woes deepen

November 7, 2012
Associated Press
The Dow Jones industrial average plummeted as much as 369 points, or 2.8 percent, in the first two hours of trading. It recovered steadily in the afternoon, but slid into the close and ended down 313, its biggest point drop since this time last year.
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U.S. unemployment rate rises despite job gains

November 2, 2012
Associated Press
President Barack Obama will face voters with the highest unemployment rate of any incumbent since Franklin Roosevelt.
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IU economists predict more of the same in 2013

November 1, 2012
Scott Olson
The economy in 2013 is likely to mirror the slow-growing one of this year, economists from Indiana University’s Kelley School of Business predicted Thursday morning. And it could be even worse.
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Financial crisis pushes millennials to fiscal conservatism

October 28, 2012
Associated Press
Researchers find that the recession had a particularly profound effect on the political attitudes of younger millennials, who've come of age as the adults who preceded them have lost homes, jobs and retirement funds. Their age group also faces high unemployment.
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  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

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