Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods.
Applications for jobless aid, which generally track the pace of layoffs, have fallen steadily since last spring as many businesses, struggling to fill jobs, have held onto their workers.
The massive hospitality and entertainment district is slated to be anchored by a $25 million multisport venue surrounded by apartments, hotels, medical office buildings, restaurants, stores, senior-living facilities and condos.
The unexpected burst of inflation this year reflects sharply higher prices for food and energy, but also for furniture, cars, televisions, and other largely imported goods.
Stay Dry focuses heavily on its online presence. Olinger said he has a minority business partner who runs a digital marketing firm, and they concentrate on search engine optimization.
The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000, and up from 4 million in July.
Indianapolis-based Landmark Properties plans to buy the five-story Center Township Trustee’s building, with an eye toward office and first-floor retail uses.
The NCAA’s efforts to address equity imbalances could lead to a joint championship site later this decade, with Indianapolis believed to be a likely contender for hosting such a spectacle.
U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy with many companies struggling to fill millions of open jobs.
To an extent that has surprised economists, many people who lost or quit their jobs during the pandemic recession have yet to look for work again despite a robust economic rebound that has left many employers desperate to hire.
Developer Thompson Thrift, which began planning the $110 million development in 2015, sold the property in a deal that brokers said “attracted nationwide investor interest and achieved record-breaking pricing.”
Whatever the approach, it will take the cooperation of city leaders, the philanthropic community, developers and Irsay to come up with a proposal that accomplishes the Colts’ owner’s primary goal and is beneficial to the city and its taxpayers.
Over the past few years, interest in hosting environmentally friendly, “sustainable” business meetings and conventions has risen as inexorably as sea levels and summer temperatures.
The $200 million headquarters development plan by Indianapolis-based Republic Airways Holdings Inc. and Kite Realty Group Trust would result in Republic becoming the largest employer in Carmel.
Republic, which provides passenger flights that operate under the flags of major airlines, plans to move about 1,900 jobs to Carmel, the city said in a news release. Its headquarters is now at 8909 Purdue Road.
Officials are taking a fresh, hard look at municipal-owned real estate as part of a larger effort to repurpose several sites that will be largely vacated as agencies move to the Community Justice Campus.
