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Recession
HICKS: Why stock prices rise in a shaky economy
February 9, 2013
Mike HicksThe stock market highs over the past few months have many folks confused.
MoreHICKS: You can stop wondering ... the recession is here
February 2, 2013
Mike HicksSometimes the worst part of the economic forecasting I do is the sinking feeling that my predictions will be right.
MoreFinancial crisis pushes millennials to fiscal conservatism
October 28, 2012
Associated PressResearchers find that the recession had a particularly profound effect on the political attitudes of younger millennials,
who've come of age as the adults who preceded them have lost homes, jobs and retirement funds. Their age group also faces
high unemployment.
MoreStrategist: Economy expected to 'muddle' through 2013
October 12, 2012
Scott Olson
The U.S. economy is expected to grow next year at a less-than-ideal rate, but that's not necessarily a bad thing
considering the lingering uncertainty, said John Augustine, chief investment strategist of Fifth Third Bank.
Bernanke: Economy growing much too slowly to put people back to work
October 1, 2012
J.K. WallFederal Reserve Chairman Ben Bernanke told a local lunch crowd that he expects the economy to keep growing, but he said the
growth is so slow that it could create a "permanent group" of underemployed Americans.
MoreHigh-deductible premiums rising, too
September 17, 2012
J.K. WallSince 2007, premiums for high-deductible health plans’ family coverage have grown 32 percent—compared with 30
percent among all health plans, according to survey data from the Kaiser Family Foundation.
MoreLife sciences hold up in recession
June 25, 2012
J.K. WallA new report shows Indiana’s life sciences companies performed better than their peers around the country—and
far better than the rest of Indiana’s private sector—during the early phases of the economic downturn.
MoreManufacturing employment coming back, but without the wages of yesteryear
June 9, 2012
Dan HumanRecovery in manufacturing—one of Indiana’s best-paying employment sectors—has been a much celebrated change
after years of decline. But many of those jobs are returning with lower wages as employers keep up with growing global competition.
MoreLockhart Automotive co-owner recovering from losing Saturn
December 10, 2011
Ann FinchLynn Kimmel, president of Lockhart Automotive Group, is helping her family business recover from losing three Saturn dealerships
and a Hummer dealership when General Motors Corp. folded both those lines.
MoreGrant-makers adapt to post-recession normal
December 3, 2011
Kathleen McLaughlinAfter the financial crisis of 2008, foundations in Indiana and across the country set up special relief funds for their communities.
Ongoing support for the one formed in Indianapolis is just one sign of how the poor economy is still influencing grant-makers’
decisions.
MoreCarmel free clinic drawing jobless professionals
November 5, 2011
Kathleen McLaughlinTrinity Free Clinic in Carmel began in 2000 to serve a growing Hispanic immigrant population. Since the latest recession,
so many people—including unemployed professionals—have found their way to the clinic that the portion of white
patients has grown from one-third in 2008 to 47 percent last year.
MoreThis year's metro area job losses deeper than in peer cities
August 27, 2011
J.K. WallAs the national economy sputters, the Indianapolis area is losing jobs faster than its peers, falling to levels not seen since
2002.
MoreVeteran banker Alley found Integra too sick to save
August 20, 2011
Francesca JaroszWith reluctance, Mike Alley, a veteran Indianapolis banker, joined the board of Evansville-based Integra Bank in April 2009.
A month later, he found himself CEO—the beginning of a 26-month odyssey that ended July 29 with banking regulators seizing
and shutting down the 160-year-old institution.
MoreFederal cuts in training funds hit at awkward time
August 13, 2011
Francesca JaroszFunding for the state’s work-force-development agencies to help Hoosiers develop job skills has fallen sharply, even
as unemployment remains high and the economy is still shaky.
MoreIndianapolis-based banks struggle to emerge from slump
August 6, 2011
Francesca JaroszIndiana regional banks and national institutions are faring better, a possible indication that Indianapolis' economy isn't
recovering as quickly as expected.
MoreU.S. jobless rate dips as economy adds 117,000 jobs
August 5, 2011
Associated PressHiring 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.
MoreEconomy growing at slowest pace since recession
July 29, 2011
Associated PressThe 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.
MoreWealthy local entrepreneurs hew to conservatism
April 23, 2011
Norm HeikensFlashy displays of wealth seldom erupt in Indianapolis after an entrepreneur makes good, and they’re even more unusual
now that the recession sobered even the most successful among them.
MoreState unemployment rate dips to 9.1 percent
March 10, 2011
After topping out at 10.2 percent last summer, Indiana's jobless rate has been steadily declining.
MoreNot-for-profits hang out consulting shingle
December 25, 2010
Kathleen McLaughlinTight budgets are prompting some of the state’s largest not-for-profit organizations to launch new businesses to shore
up the bottom line. The Indianapolis Museum of Art, for example, has a contract to manage the airport's art collection.
MoreState unemployment rate dips to 9.8 percent
December 17, 2010
IBJ StaffIndiana's jobless rate dropped for the second month in a row and has decreased four-tenths of a point since hitting 10.2 percent
this summer.
MoreIndianapolis banker sees progress, challenges at ailing Integra
December 4, 2010
Greg AndrewsMike Alley, perhaps more than any other banker in the state, is experiencing the pain the economic crisis has wrought on the
nation’s financial institutions.
MoreJobless claims fall sharply to 4-month low
November 10, 2010
Associated PressThe U.S. Labor Department said Wednesday that initial claims for jobless aid dropped by 24,000, to a seasonally adjusted 435,000.
Many Wall Street economists expected a smaller decrease.
MoreSeptember consumer spending weakens while incomes dip
November 1, 2010
Associated PressAmericans slowed their spending in September to the weakest pace in three months and their incomes fell for the first time
in 14 months.
MoreU.S. economy grew anemically in third quarter
October 29, 2010
Associated PressThe government reported Friday morning that the economy expanded at a 2-percent annual rate in the July-September quarter.
It marked a slight improvement from the feeble 1.7-percent growth in the April-June quarter.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.