The recession decimated Indiana’s auto-parts makers, but many other manufacturers in the state survived. After a year
adrift in the recession, they see signs of land ahead.
A survey shows wealthy investors are targeting real estate. But what about Indianapolis?
Orders for costly manufactured goods dropped 0.6 percent last month, following a 2-percent gain in September.
The Commerce Department reported Wednesday that consumer spending rose a brisk 0.7 percent last month, following a pullback
in September.
The number of people claiming jobless aid has tripled since the recession began. The demand has drained the funds that many
states use to pay jobless claims. Nearly half the states, including Indiana, are borrowing from the federal government.
Indiana’s unemployment rate inched up to 9.8 percent in October, reversing small declines recorded in the previous three months,
the Indiana Department of Workforce Development said Friday morning.
In the 1970s, stagflation—the unprecedented combination of stagnant economic growth and inflation—threatened to ruin financial institutions. Now some fear it might make a return.
FTR Associates analyst Jon Starks says truck manufacturers won’t feel an improved economy until at least late 2010.
Does Gov. Mitch Daniels’ economic development strategy emphasize job attraction at the expense of entrepreneurship?
Unemployment is hitting various demographic groups quite differently.
For various reasons, more experts are doubting China’s underlying strength.
Lake Wawasee, the popular northern Indiana getaway for some of the wealthiest people in the Indianapolis area, is doing fairly
well despite the real estate bust.
Corporations simply don’t like direct language, a Butler University professor says.
Indiana voters seem willing to pay more in property taxes to help school districts cover operating costs. The results of last
week’s referendums, however, continue the trend against supporting plans for bigger, better schools during tough economic
times.
Nearly 16 million people can’t find jobs even though one of the the worst recessions in generations has apparently ended.
The damage done by the recession is still with us, even if the recession itself has ended. But sufficient evidence is available to suggest that the demon recession has left the nation’s economic body.
Indiana University economists offered a cautious but improving economic outlook for 2010, in which they expect the personal
income of Hoosiers to grow slightly and the state to add 50,000 jobs.
J.D. Byrider, the Indianapolis chain of used-car lots, is courting Saturn dealers to come into the fold as Byrider franchisees.
Orders to U.S. factories rebounded in September, helped by strength in autos, heavy machinery and military aircraft.
The Autoquip Corp. has completed its acquisition of American Lifts in Greensburg and will be moving nearly 50 jobs to company headquarters in Guthrie, Okla.
