Economy

BOHLER SMITH: Forsaken vacation hits business two waysRestricted Content

July 26, 2014
Jamie Bohler Smith / Special to IBJ
There is truth in the old adage that all work and no play makes Jack a dull boy, but it also makes Jack unhappier, less healthy and not as effective of an employee.
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Home buyer tastes have shifted since housing bust

June 28, 2014
Scott Olson
Old standbys are have been replaced by new features and colors. The changes range from rooms to styles.
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Pence hosts conservatives for Indiana tax summit

June 24, 2014
Associated Press
The governor is hosting a group of state and national tax experts to consider ways to overhaul the state's tax code.
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INDIANA 100: Manufacturing employment lags recovery of sectorRestricted Content

June 21, 2014
Sam Stall
Emphasis on efficiency, technology is softening job demand.
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Can Ball State University keep its vibrancy?

May 24, 2014
J.K. Wall
Incoming President Paul W. Ferguson must escape harsh realities to continue the university's impressive gains.
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Indiana adds jobs, sees April unemployment rate slip

May 16, 2014
 IBJ Staff and Associated Press
Non-farm employment in the state increased 0.1 percent, or by 4,200 jobs, from March. The jobless rate fell to 5.7 percent from 5.9 percent, its ninth straight monthly decline.
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Purdue, Indiana universities churning out more patents, startupsRestricted Content

March 22, 2014
Dan Human
Unbelievable as it would have sounded even a few years ago, Purdue and IU now both produce more startup companies annually than most of the schools at the heart of the famed entrepreneurial hubs in Colorado, Utah and North Carolina.
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Investment manager sees good growth prospects for 2014

January 4, 2014
Norm Heikens
Tom Pence predicts change for U.S. manufacturing.
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IU economists: Sluggish growth to continue into 2014

November 6, 2013
Norm Heikens
Thank the government for a subpar outlook, Indiana University economists said prior to kicking off their annual forecast road show Wednesday morning in Indianapolis.
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REED: Indiana's bank, thrift stocks fully recoveredRestricted Content

October 19, 2013
John Reed
Most remember well the financial crisis that led to the Great Recession. The problems were complex and big, and there were many villains and many more victims.
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Boomers face downsizing dilemma in IndianapolisRestricted Content

September 28, 2013
Norm Heikens
Changing tastes, economic uncertainty could crimp sale prices for boomers wanting to move into smaller quarters.
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New homebuilders take root in Indy after downturn

August 31, 2013
Scott Olson
Out-of-state builders scooped up lots during the housing downturn, and now are watching their gambles pay off as they become major local players.
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Indianapolis-area housing statistics

August 31, 2013
A detailed look at home sales and demographics.
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Indiana state banks regaining pre-meltdown assetsRestricted Content

August 3, 2013
Chris O'Malley
Recovery doesn't mean banks have escaped challenges.
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State, Indy area added jobs in May; unemployment rates fall

June 21, 2013
The jobless rate in the Indianapolis metropolitan area improved in May to 7.4 percent from 7.6 percent a year ago.
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Temp workers are both canaries, spring robinsRestricted Content

June 15, 2013
Norm Heikens
The job category is getting more scrutiny from economy-watchers.
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Sales of boomer-owned businesses deemed close at hand

June 8, 2013
Norm Heikens
Several factors have aligned to spark the long-expected trend.
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Indiana adds jobs; unemployment rate slips

May 17, 2013
Indiana added 4,400 nonfarm jobs in April and the unemployment rate fell slightly, to 8.5 percent, the Indiana Department of Workforce Development reported Friday morning.
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Indiana credit unions are booming again

May 11, 2013
Norm Heikens, Chris O'Malley
Credit unions last year posted record earnings, thanks largely to lower loan-loss reserves, as well as to growing memberships, growing debit cards, selling off mortgages and stealing business loans away from banks, their arch rivals.
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FARRA: Don't expect big dividends from banks anytime soon

May 11, 2013
George Farra / Special to IBJ
Banks will not return to their status as reliable sources of shareholder dividends for three years or longer.
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HAGERMAN: Turbulent times like these not for the faint of heartRestricted Content

April 20, 2013
Jeff Hagerman
Strategic planning for market-sector success in commercial real estate has always been difficult and risky, but the past five years of the recession have only compounded this uncertainty.
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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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Stonegate Mortgage raising new round of fundingRestricted Content

March 2, 2013
Norm Heikens
Fast-growing Indianapolis company is pushing to fill a vacuum in the housing market.
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Indiana liberal arts colleges strategize to survive perfect stormRestricted Content

January 12, 2013
J.K. Wall
Colleges are experimenting with business models at a time when the ability of students and their families to pay are dropping dramatically, and endowments and scholarship funds remain depressed.
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Many banks still digging out from Great Recession traumaRestricted Content

October 13, 2012
The following statistics reflect performance of the 10 banks with the largest market shares in the Indianapolis Metropolitan Statistical Area.
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  1. Looking at the two companies - in spite of their relative size to one another -- Ricker's image is (by all accounts) pretty solid and reputable. Their locations are clean, employees are friendly and the products they offer are reasonably priced. By contrast, BP locations are all over the place and their reputation is poor, especially when you consider this is the same "company" whose disastrous oil spill and their response was nothing short of irresponsible should tell you a lot. The fact you also have people who are experienced in franchising saying their system/strategy is flawed is a good indication that another "spill" has occurred and it's the AM-PM/Ricker's customers/company that are having to deal with it.

  2. Daniel Lilly - Glad to hear about your points and miles. Enjoy Wisconsin and Illinois. You don't care one whit about financial discipline, which is why you will blast the "GOP". Classic liberalism.

  3. Isn't the real reason the terrain? The planners under-estimated the undulating terrain, sink holes, karst features, etc. This portion of the route was flawed from the beginning.

  4. You thought no Indy was bad, how's no fans working out for you? THe IRl No direct competition and still no fans. Hey George Family, spend another billion dollars, that will fix it.

  5. I live downtown Indy and had to be in downtown Chicago for a meeting. In other words, I am the target demographic for this train. It leaves at 6:00-- early but doable. Then I saw it takes 5+ hours. No way. I drove. I'm sure I paid 3 to 5 times as much once you factor in gas, parking, and tolls, but it was reimbursed so not a factor for me. Any business traveler is going to take the option that gets there quickly and reliably... and leisure travelers are going to take the option that has a good schedule and promotional prices (i.e., Megabus). Indy to Chicago is the right distance (too short to fly but takes several hours to drive) that this train could be extremely successful even without subsidies, if they could figure out how to have several frequencies (at least 3x/day) and make the trip in a reasonable amount of time. For those who have never lived on the east coast-- Amtrak is the #1 choice for NY-DC and NY-Boston. They have the Acela service, it runs almost every hour, and it takes you from downtown to downtown. It beats driving and flying hands down. It is too bad that we cannot build something like this in the midwest, at least to connect the bigger cities.

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