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Economy
Rising gas prices put a crimp in Americans' spending
September 16, 2012
Associated PressThe Federal Reserve this week took steps to boost economic growth. But those stimulus measures are also pushing oil prices
up. If gas prices follow, consumers will have less money to spend elsewhere.
MoreU.S. unemployment rate ticks up despite rise in hiring
August 3, 2012
Associated PressU.S. employers added 163,000 jobs in July, the Labor Department said Friday, a somewhat hopeful sign after three months of
sluggish hiring. However, the unemployment rate rose to 8.3 percent, up from 8.2 percent in June.
MoreU.S. employers add only 80,000 jobs as economy struggles
July 6, 2012
Associated PressU.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is struggling
three years after the recession ended. The unemployment rate remained at 8.2 percent.
MoreLife sciences hold up in recession
June 25, 2012
J.K. WallA new report shows Indiana’s life sciences companies performed better than their peers around the country—and
far better than the rest of Indiana’s private sector—during the early phases of the economic downturn.
MoreEconomy might worsen before it improves much
June 16, 2012
Norm HeikensIf it seems like the economy should be better by now, under normal circumstances it would. After all, the recession ended
three years ago this month.
MoreMounting student loan debt vexing for Indiana
June 9, 2012
Scott OlsonMore college degrees wanted, but large borrowing amounts present obstacle.
MoreManufacturing employment coming back, but without the wages of yesteryear
June 9, 2012
Dan HumanRecovery in manufacturing—one of Indiana’s best-paying employment sectors—has been a much celebrated change
after years of decline. But many of those jobs are returning with lower wages as employers keep up with growing global competition.
MoreIndiana unemployment rate shrinks to 7.9 percent
May 18, 2012
Scott OlsonIndiana’s unemployment rate dropped to 7.9 percent in April, falling below 8 percent for the first time since November 2008.
The rate has dropped for five straight months.
MoreState’s unemployment rate dips to 8.2 percent
April 20, 2012
Indiana's jobless rate is the lowest it's been since December 2008 and matches the national jobless rate for March, also at
8.2 percent.
MoreNew data brightens Indy area's jobs picture
April 7, 2012
J.K. WallBureau of Labor Statistics revises numbers, but region is still 30,000 jobs short of pre-recession peak.
MoreU.S. weekly jobless claims fall to lowest level in four years
March 29, 2012
Associated PressThe Labor Department said Thursday that weekly unemployment benefit applications fell by 5,000, to a seasonally adjusted 359,000.
That's the smallest number of applicants since April 2008. The four-week average, a less volatile measure, declined to
365,000.
MoreState unemployment rate dips to 8.7 percent
March 13, 2012
Scott OlsonIndiana’s unemployment rate fell to 8.7 percent in January as the state added 13,000 private-sector jobs, the largest
monthly increase in more than a year.
MoreState economy finally gaining traction
March 3, 2012
J.K. WallLeading indicators for Indiana's economy are looking up: Banks are increasing lending, real estate developers are pulling
the trigger on long-shelved projects, manufacturers are expanding, and consumers are even buying big-ticket items, including
automobiles.
MoreNew-home construction off to mild start
February 23, 2012
Scott OlsonBuilding permits filed in the nine-county Indianapolis metropolitan area totaled 194 in January, a 2-percent dip from the
same time last year. But industry leaders are cautiously optimistic.
MoreEconomy could lift drug, device firms
February 20, 2012
J.K. WallThe U.S. economy is showing signs of bouncing back and, if it does, look for drugmakers and medical-device companies to benefit.
But if the economy has another summer stall like last year, expect health insurers to benefit.
MoreU.S. jobless rate falls as employers add 200,000 jobs
January 6, 2012
Associated PressThe Labor Department said Friday that employers added a net 200,000 jobs last month and the unemployment rate fell to 8.5
percent, the lowest since February 2009.
MoreState's economy still stuck in neutral
December 24, 2011
The year started with a sense that slowly—not fast enough for anyone’s liking—but steadily, Indiana’s
economy was coming back. But then a spike in gas prices and the never-ending sovereign debt crisis in Europe created a summer
of setbacks.
MoreIndiana jobless rate stays at 9 percent
December 20, 2011
IBJ StaffThe state’s unemployment rate held steady in November at a seasonally adjusted 9 percent, slightly higher than the overall
U.S. rate that dropped to 8.6 percent, the state’s Department of Workforce Development said Tuesday morning.
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.
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.
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
MoreRiley doctor on quest to quell class warfare
October 22, 2011
Kathleen McLaughlinA Riley Hospital for Children doctor is launching a training center for a national anti-poverty program called Circles, which
matches poor people with middle-class “allies.” The idea is that people find their own way out of poverty by expanding
their personal networks to include the middle class.
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.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.