Economy

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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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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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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Riley doctor on quest to quell class warfareRestricted Content

October 22, 2011
Kathleen McLaughlin
A 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.
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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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Unemployment benefit requests jump again

September 15, 2011
Associated Press
The number of people applying for unemployment benefits jumped last week to the highest level in three months, another sign that the job market remains depressed.
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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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MORRIS: D.C. crowd making economic matters worseRestricted Content

August 13, 2011
Greg Morris
I’m struggling with moving on from recent events, after losing about 15 percent of value in my equity investments in 11 business days. I’m angry. I’m really angry.
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HICKS: Investors downgrade Standard & Poor's political ployRestricted Content

August 13, 2011
Mike Hicks
There are many reasons to believe the second half of the year will bring a faster-growing economy.
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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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Local stocks pummeled in global sell-off

August 8, 2011
 IBJ Staff and Associated Press
Stock prices of the dozen largest public companies in the Indianapolis area all tumbled Monday morning as a Standard & Poor’s downgrade of U.S. debt spooked investors worldwide.
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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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Indianapolis Star lays off 62 in cost-saving purge

June 21, 2011
Cory Schouten
The Indianapolis Star on Tuesday laid off 62 employees including more than 15 percent of its newsroom staff in the latest round of cost-cutting by Gannett Co. Inc., the newspaper's parent company.
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2010 was great for Indiana's 100 largest companiesRestricted Content

June 18, 2011
Norm Heikens
Despite enjoying rising revenues and profits, companies haven't followed with big increases in job numbers.
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Indiana public companies had banner yearRestricted Content

June 18, 2011
Corporations staged advances across a variety of industries in 2010 as the economy improved.
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State's private companies performed unevenly last yearRestricted Content

June 18, 2011
Norm Heikens
Fewer than half generated revenue increases.
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City's fast-growing companies surge with economic recoveryRestricted Content

June 18, 2011
Marc D. Allan
An economic recovery blowing against their backs propelled some Indianapolis-area companies to scorching growth.
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HICKS: Absence of fathers has dire economic impactRestricted Content

June 18, 2011
Mike Hicks
Poverty in America is overwhelmingly caused by two things: failing to graduate from high school and single parenting.
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  1. President Obama has referred to the ACA as "Obamacare" any number of times; one thing it is not, if you don't qualify for a subsidy, is "affordable".

  2. One important correction, Indiana does not have an ag-gag law, it was soundly defeated, or at least changed. It was stripped of everything to do with undercover pictures and video on farms. There is NO WAY on earth that ag gag laws will survive a constitutional challenge. None. Period. Also, the reason they are trying to keep you out, isn't so we don't show the blatant abuse like slamming pigs heads into the ground, it's show we don't show you the legal stuf... the anal electroctions, the cutting off of genitals without anesthesia, the tail docking, the cutting off of beaks, the baby male chicks getting thrown alive into a grinder, the deplorable conditions, downed animals, animals sitting in their own excrement, the throat slitting, the bolt guns. It is all deplorable behavior that doesn't belong in a civilized society. The meat, dairy and egg industries are running scared right now, which is why they are trying to pass these ridiculous laws. What a losing battle.

  3. Eating there years ago the food was decent, nothing to write home about. Weird thing was Javier tried to pass off the story the way he ended up in Indy was he took a bus he thought was going to Minneapolis. This seems to be the same story from the founder of Acapulco Joe's. Stopped going as I never really did trust him after that or the quality of what being served.

  4. Indianapolis...the city of cricket, chains, crime and call centers!

  5. "In real life, a farmer wants his livestock as happy and health as possible. Such treatment give the best financial return." I have to disagree. What's in the farmer's best interest is to raise as many animals as possible as quickly as possible as cheaply as possible. There is a reason grass-fed beef is more expensive than corn-fed beef: it costs more to raise. Since consumers often want more food for lower prices, the incentive is for farmers to maximize their production while minimizing their costs. Obviously, having very sick or dead animals does not help the farmer, however, so there is a line somewhere. Where that line is drawn is the question.

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