Economy

First Merchants, First Financial mull expansionRestricted Content

August 7, 2010
Norm Heikens
Acquisitions situate banks to seek market share in Indianapolis.
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Hotel operator says Indy hospitality growth spottyRestricted Content

July 31, 2010
Norm Heikens
Convention center is sparking optimism, Schahet says, but overall market is still soft.
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New Indiana law aims to promote safety of traditional loansRestricted Content

May 22, 2010
Scott Olson
A new state program is encouraging lenders to promote the stability of their conventional mortgages to help Indiana's housing market rebound from a foreclosure crisis instigated by risky loans.
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REED: Imprudence, bad economy will claim several Indiana banksRestricted Content

March 13, 2010
John Reed
Banks are in trouble. Most are suffering at least a little, and many will not survive. That includes Indiana banks.
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Intellectual property practices in law firms recovering from recessionRestricted Content

February 27, 2010
Norm Heikens
Practices are beginning to thaw along with other areas of the economy.
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Protest at Evansville Whirlpool plant draws 1,500

February 26, 2010
Associated Press
Company shuttering plant, moving work to Mexico.
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Indiana businesses are welcoming investment from ChinaRestricted Content

January 22, 2010
Peter Schnitzler
Some observers see a parallel to the state's seeking Japanese investment following recession in the early 1980s.
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Legislators face unemployment insurance fund sinking into red

December 19, 2009
Peter Schnitzler
Indiana lawmakers are preparing to punt on 2009's must-solve business issue in the hope of a federal bailout. However, it's anybody's guess how Washington will respond.
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PEARCE: More companies are focusing on consumers with poor credit ratings

December 12, 2009
Mike PearceMore

Some area manufacturers see blue sky after year dominated by recessionRestricted Content

December 5, 2009
Kathleen McLaughlin
The recession decimated Indiana’s auto-parts makers, but many other manufacturers in the state survived. After a year adrift in the recession, they see signs of land ahead.
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HICKS: Nutritional poverty plagues land of plentyRestricted Content

November 21, 2009
Mike Hicks
It is not sufficient merely to provide sustenance; we need to teach folks how and what to eat.
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State's jobless rate ticks up

November 20, 2009
Scott Olson
Indiana's unemployment rate inched up to 9.8 percent in October, reversing small declines recorded in the previous three months, the Indiana Department of Workforce Development said Friday morning.
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National, state foreclosure filings fall

November 12, 2009
 IBJ Staff and Associated Press
Indiana foreclosure filings were down only 1.5 percent in October from the previous month, but have fallen a whopping 18.5 percent from October 2008.
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Indiana voters trending against schools in tax votes

November 7, 2009
Associated Press
Indiana voters seem willing to pay more in property taxes to help school districts cover operating costs. The results of last week's referendums, however, continue the trend against supporting plans for bigger, better schools during tough economic times.
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IU economists forecast tepid growth in 2010

November 5, 2009
Scott Olson
Indiana University economists offered a cautious but improving economic outlook for 2010, in which they expect the personal income of Hoosiers to grow slightly and the state to add 50,000 jobs.
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HICKS: Recession results in 'great deleveraging'Restricted Content

October 31, 2009
Mike Hicks
On virtually every meaningful measure, this recession stacks up as only the third or fourth worst post-World War II recession, but its effects are much more profound in a few areas. One area that will be most apparent is the changes the economy has wrought on consumer credit.
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Indiana insurance industry weathers hard times

October 24, 2009
J.K. Wall
Employment in Indiana's insurance industry has remained stable despite a poor economy.
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HICKS: Non-market valuation is an important planning toolRestricted Content

October 24, 2009
Mike Hicks
One of the more intriguing things economists are called upon to do is what is known as non-market valuation. This is a process for estimating a â??priceâ?? of something that isnâ??t typically bought or sold.
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State jobless rate dips for third consecutive month

October 21, 2009
Scott Olson
Unemployment in Indiana fell for the third consecutive month in September, bucking the national trend of rising jobless rates, the Indiana Department of Workforce Development said Wednesday morning.
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Fewer home-building permits signal weakness ahead

October 20, 2009
Associated Press
Applications for home-building permits, a gauge of future construction, fell in September by the largest amount in five months.
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Dow Jones industrials close above 10,000

October 14, 2009
Associated Press
The Dow Jones industrial average is back above 10,000 for the first time in a year.
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Area home sales stronger, prices still down

October 9, 2009
Scott Olson
Home-sale agreements in the nine-county Indianapolis area ticked up in September, due in large part to first-time homebuyers enticed by large tax breaks.
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Economist: Recovery at hand, but barriers exist

October 9, 2009
Scott Olson
Leading indicators show that an economic recovery likely will take hold in 2010, although several challenges remain that could delay a solid rebound from the worst recession in a generation, an economist said Friday morning at IBJ's annual Economic Forecast.
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Daniels warns of more cuts amid revenue declines

October 8, 2009
Scott Olson
Indiana Gov. Mitch Daniels warned Thursday morning that more state budget cuts could be forthcoming in light of a prolonged drop in tax collections. Indiana collected $3.3 billion in total revenue during the fiscal first quarter, 14 percent less than the same period last year.
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IU: Indiana economy turned in March

October 7, 2009
Norm Heikens
The Indiana economy turned up in March, but the recovery has been slow and dogged. That's the picture painted by a new monthly index unveiled Wednesday by the Indiana Business Research Center within the Kelley School of Business at Indiana University.
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