Economy

Steepest job losses of recession are occurring nowRestricted Content

December 15, 2008
Mike Hicks
Ball State University's Indiana econometric model predicts that earnings in all of Indiana's major economic sectors except health care will decline in the next three months.
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Worst auto market in 30 years might force consolidationRestricted Content

December 8, 2008
Chris O'Malley
New car dealers, usually among the most resilient of all small businesses in weathering economic downturns, are hanging on for dear life this time around, portending a shakeout among Indiana's 520 dealers.
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Indiana should brace for auto falloutRestricted Content

December 8, 2008
The Big Three and the United Auto Workers do not appear to be serious about making the concessions and changes that are necessary to make them a viable entity for the long haul.
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Diesel dip in price not fueling trucking recoveryRestricted Content

December 8, 2008
Scott Olson
Hampered much of the year by high fuel prices, trucking companies still may be in for a long haul before they're back on the road to recovery.
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Worst fallout to come in waning days of recessionRestricted Content

December 8, 2008
Mike Hicks
The Dec. 1 announcement by the Business Cycle Dating Committee of the National Bureau of Economic Research officially dated the recession back to the fourth quarter of 2007.
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State public company execs grab up stock as prices fallRestricted Content

December 1, 2008
J.K. Wall
The unprecedented plunge on Wall Street the last three months has spurred a couple of dozen executives and directors at Indiana public companies to scoop up shares in their own companies.
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Indiana bankruptcies soarRestricted Content

December 1, 2008
Peter Schnitzler
Indiana bankruptcies are rising toward levels not seen since Congress tightened filing rules three years ago, and experts say stretched consumers and businesses probably won't reap benefits of an improved economy for at least a year.
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Indiana's current recession may be less severe than 1982'sRestricted Content

December 1, 2008
Morton Marcus
With a growing labor market in Indiana, it would seem this recession, thus far, is an economic shock that may be of shorter duration and severity than the 1982 decline.
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Study says most U.S. pensions are poised to recoverRestricted Content

December 1, 2008
A new national analysis of U.S. public pension funds suggests most invest prudently, even in volatile times.
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Voice-mail firm's latest product helps clients collect overdue debtsRestricted Content

December 1, 2008
Scott Olson
A growing number of companies strapped for cash and struggling to pay their bills on time is presenting an unusual opportunity for Vontoo Inc., a local IT firm.
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Communities making tough choices will be better offRestricted Content

December 1, 2008
Mike Hicks
During the coming weeks, a number of Indiana cities and counties will be coming to terms with their new budget realities.
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Companies face pension-plan shortfallsRestricted Content

November 24, 2008
Chris O'Malley
Private employers that still offer traditional pension plans are getting a big shock as they assess how much more it will cost to shoulder retirement obligations.
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Billions lost in state pension-fund falloutRestricted Content

November 24, 2008
Peter Schnitzler
Indiana's public pensions lost $5 billion in the 12 months ending Sept. 30.
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Central Indiana colleges on alert to slow spendingRestricted Content

November 24, 2008
J.K. Wall
Most colleges and universities in central Indiana are being especially frugal because the value of their university endowments has plunged along with the market,donations may decrease, and enrollment may decline, due to lack of student loan availability.
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Automotive Finance Corp. writes off $162 million, reflecting slow auto salesRestricted Content

November 24, 2008
Chris O'Malley
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles at auction, to take a big write-off on the declining value of its loan portfolio.
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Fishers tables $100M developmentRestricted Content

November 24, 2008
An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.
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Budget cuts threaten local economic data analysisRestricted Content

November 17, 2008
Morton Marcus
Budget cuts could eliminate programs that gather and analyze local and state economic data. This would hurt businesses and economic development officials, since they would not have the data that helps them see how their market differs from the state and the nation.
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Emmis struggling to stay in good stead with lendersRestricted Content

November 17, 2008
Greg Andrews
Emmis Communications Corp. struggles to contain expenses and minimize debts due to radio advertising shortfalls.
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Here are tips for small biz survival during recessionRestricted Content

November 17, 2008
Mickey Maurer
For small businesses to survive, they must be prepared to withstand economic difficulties for some time...
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Fed's TARP changes adding to anxietiesRestricted Content

November 17, 2008
Ken Skarbeck
Experts with the Troubled Asset Relief Program, the government's financial bailout program, are struggling to figure out how best to relieve America's financial mess.
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Hospitality industry needs state supportRestricted Content

November 17, 2008
At this difficult time in the country's economic life, state leaders should invest in tourism promotion and development.
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Economists research, analyze trendsRestricted Content

November 10, 2008
Mike Hicks
Most economists spend some time teaching, but the vast majority of our time is spent doing research.
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Indiana CEOs are cautious during financial mayhemRestricted Content

November 10, 2008
Greg Andrews

CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically cautious approach to acquisitions and investments, given the faltering economy.

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Architects and business leaders must work together to prudently maintain, build quality buildingsRestricted Content

November 10, 2008
Don Altemeyer
Especially during a recession, architects need to build strategies to reach new and existing clients and provide them cost-effective design and construction options.
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DBSI, an Idaho company with Indiana properties, faces class-action suitRestricted Content

November 10, 2008
Cory Schouten

DBSI, an Idaho real estate firm with 250 properties worth $2 billion faces a class-action suit. Some of its properties and investors are in Indianapolis.

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