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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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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.