Hiring at U.S. companies picked up momentum in March
After a frigid winter, companies added nearly 200,000 jobs last month, according to payroll processor ADP. That bodes well for the government’s report on overall employment, due Friday.
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Hamilton County’s low jobless rate roils labor market
Hamilton County employers are having trouble filling lower-wage jobs. At 4.5 percent in December, Hamilton County’s jobless rate was the lowest in the metro area and one of the lowest in the state.
Emerging growth markets tempt Hoosier companies
Consumption in emerging markets across the globe is growing fast, according to Chase Bank. Executives of several Indiana firms share their successes and mistakes when establishing operations outside the U.S.
Auto industry strength boosts Indiana’s outlook
Economists at BMO Harris Bank are projecting “above average” growth for Indiana this year, citing a stronger auto sector and a healthier housing outlook.
U.S. hiring weak in January, but jobless rate dips
The Labor Department says employers added 113,000 jobs last month, less than the average monthly gain of 194,000 in 2013. This follows December's tepid increase of just 75,000.
Architecture firm closing, renovated HQ on block
A2SO4 Architecture LLC has begun to wind down operations as a bank forecloses on a couple of construction loans for its new headquarters with a total balance of more than $1 million.
Fears of slowdown sharpen focus on U.S. jobs report
Investors are looking for evidence of healthy U.S. job growth, but anyone looking to Friday’s monthly employment report for a clear picture of the economy’s health might be disappointed.
Weak sales lead HHGregg to post smaller profit
Shares of the Indianapolis-based retailer had fallen 18 percent by early afternoon Thursday, after the firm reported slumping sales and profit in its latest quarter.
Upswing causing slowdown in startups
The number of newly formed Indiana companies slumped in 2013, the first such dip since the recession, but the small drop could actually be a positive sign for the economy. Established companies have more job openings than a few years ago, meaning workers have less incentive to start their own businesses, as thousands did when the economy tumbled.
Survey: US companies add 238K jobs, most in year
Construction firms hired 48,000 additional workers in December, the most since 2006. And manufacturers added 19,000 positions.
U.S. unemployment rate declines to 7 percent
A fourth straight month of solid hiring cut the U.S. unemployment rate in November to a five-year low of 7 percent, down from 7.3 percent in October.
U.S. adds 200K jobs, but unemployment rate rises
The Labor Department said Friday that the unemployment rate rose to 7.3 percent. A troubling detail in the report: the percentage of Americans working or looking for work fell to a 35-year low
U.S. economic growth perks up in third quarter
The U.S. economy expanded at a 2.8-percent annual rate from July through September, a surprising acceleration ahead of the 16-day partial government shutdown.
Reagan’s supply-side guru to address accountants in Indy
Arthur Laffer is reviled by the big-government crowd for blaming high tax rates for slow economic growth. He’ll discuss his cautionary tale for states while in Indianapolis next week.
Strategist: Get ready for steady economic growth
Businesses will begin using their profits and horded cash to reinvest in themselves in 2014, helping push economic growth back to a more comfortable 2.5 percent, according to John Augustine, chief market strategist for Fifth Third Bank.
Study: 15 percent of U.S., Hoosier youth out of school, work
Indiana finished 35th among states on the report's Opportunity Index, mostly because of a subpar score in education. The percentage of Hoosiers ages 16-24 not in school or not working mirrored the national average of nearly 15 percent.
Stocks rise as investors weigh effects of shutdown
Markets on Tuesday weren’t fazed by the the first partial government shutdown in 17 years. Open enrollment for Obamacare exchanges helped WellPoint shares.
Slower holiday sales growth predicted for 2013
Holiday shopping is likely to be hurt by the lackluster economy. In addition, there’s a shorter shopping window between Black Friday and Christmas. Last year, there were 32 days during the period and this year there are 25.
Four Hoosiers rate among 400 wealthiest in U.S.
The widow of medical device industry pioneer Bill Cook again is the top Hoosier on the latest Forbes 400 list of the nation’s wealthiest people, and this time has cracked the top 100.
Economic growth better than expected in 2nd quarter
U.S. economic growth accelerated in the April-June quarter to a seasonally adjusted annual rate of 1.7 percent. The Bureau of Economic Analysis said the rate released Wednesday was based on incomplete data and would be revised over the next month.