Economy

Commuting shifts $87 billion in IndianaRestricted Content

April 6, 2009
Morton Marcus
Fully 40 of Indiana's 92 counties derived more than half of their earnings from commuters bringing back their compensation from somewhere else.
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Foreclosure investors shift to buy-and-hold strategyRestricted Content

April 6, 2009
Sam Stall
Instead of buying and selling, investors with ready cash are buying houses at substantial markdowns, turning them into rental properties and sitting tight until the market improves.
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Indianapolis weathering recession better than rest of state, U.S.Restricted Content

April 6, 2009
Peter Schnitzler
Compared to most of the rest of the state and nation, Indianapolis is an occupational dynamo.
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Clawback provisions won't hurt biz attractionRestricted Content

March 30, 2009
Mike Hicks
House Bill 1338 introduces a change to many (but not all) of our state's tax incentives, adding what is known as a "clawback" provision, offering a reasonable and fair adjustment to our current tax incentives.
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State's gambling jackpot may have reached its limitRestricted Content

March 30, 2009
Peter Schnitzler
Hoosiers' long ride on the gambling gravy train finally may be coming to an end.
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Things aren't as bad as we thinkRestricted Content

March 23, 2009
Morton Marcus
Difficult economic conditions have been faced before and we have both the tools and will to overcome our problems.
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Bonus outrage poor excuse for good public policy

March 23, 2009
Mike Hicks
The wages paid by a company to its employees are a distinctly private matter.
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These stories might cheer you upRestricted Content

March 16, 2009
Chris Katterjohn
This week I'm going to be your own, personal Pollyanna and try to cheer you up with some good news.
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Proprietary developments withering from recessionRestricted Content

March 16, 2009
Scott Olson
Financing is the lifeblood of companies turning intellectual property into a product or service, but turbulent economic conditions have made it increasingly difficult to raise cash from investors who are content to wait out the storm by concentrating on their existing portfolios.
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Feelings may contradict economic factsRestricted Content

March 9, 2009
Morton Marcus
How we feel individually about the economy is often at odds with how the economy is performing.
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A post-stimulus survival guideRestricted Content

March 9, 2009
Mickey Maurer
Instead of waiting around for the state to save your business, plan strategically to survive.
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Answer to stimulus formula equals inflationRestricted Content

March 9, 2009
Mike Hicks
When economists worry about the health of the banking system, it is primarily because we are concerned with a stable velocity of money.
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For unemployed, searching for job is full-time endeavor

March 2, 2009
J.K. Wall
As job losses accelerate in the worst recession in a generation, it's becoming tougher and tougher for even well-educated, experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.
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Geist restaurateur buffeted by financial squalls

March 2, 2009
Greg Andrews
Henri and Shelley Najem, who own The Bella Vita restaurant in Geist, represent the scores of Indiana restaurant operators feeling financial pressure, given the severe economic slump.
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War did not end the Great DepressionRestricted Content

March 2, 2009
Morton Marcus
It was not World War II that moved America out of the Great Depression.
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Fearful companies are curtailing employee insurance, retirement perksRestricted Content

March 2, 2009
J.K. Wall
Experts worry that if unemployment worsens, even more companies could be forced to cut benefits, especially health insurance.
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Market, not bailouts, should stimulate refinancingsRestricted Content

March 2, 2009
Mike Hicks
Markets, no matter how imperfect, not government programs, manage the economy.
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All of us Belongers, building castles in the sandRestricted Content

February 23, 2009
Bruce Hetrick
On vacation in the British West Indies, we see the decline from just a year ago at this same beautiful spotâ??fewer families at play, fewer retirees strolling arm and arm, fewer young couples slathering one another with sunscreen.
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Payroll tax hike loomingRestricted Content

February 23, 2009
Peter Schnitzler
Shoring up the state's jobless-fund shortfall likely will cost employers and employees more.
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Economic illnesses are like virusesRestricted Content

February 23, 2009
Morton Marcus
What kind of remedy should be applied to the economy? Surely we want something that will work quickly. But we also want something that will help provide income in the future. That's called investment.
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Study American financial historyRestricted Content

February 9, 2009
Morton Marcus
Society must learn about the history of global markets in order to prevent further financial calamities.
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Credit crunch creates bond crisis for CIBRestricted Content

February 9, 2009
Peter Schnitzler
The Capital Improvement Board's $43 million in debts must be settled soon, or the entity may not be able to survive.
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Unemployment data paints worrisome pictureRestricted Content

February 9, 2009
Mike Hicks
The most recent data on the U.S. economy continues to be worrying, but a little context remains helpful.
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Katterjohn's optimism is upliftingRestricted Content

February 9, 2009
I think it is so important to remind people that the one thing we have control of is our attitude. I think you conveyed that beautifully.
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State needs more unemployment analysis, statsRestricted Content

February 2, 2009
Morton Marcus
How are the economic development professionals in each Indiana county supposed to do their jobs when they don't get quality statistics like those provided to professional sports managers and coaches?
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  1. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

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