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Recession
Articles
Recession, budget shortfalls will have major impact on everything legislators debate
Now expecting $935 million less in annual revenue than they did a year ago, legislators will spend the next four months arguing
over budget cuts.
Something to think about as a new year dawns
I think about the economic crisis, the housing crisis, the climate crisis, the energy crisis, the automotive crisis, the Middle
East crisis, the education crisis, the college affordability crisis and all the other crises — real, imagined and manufactured
— and I wonder whether they’ll drive us to the precipice, or even the apocalypse, and whether we’ll change at the last
minute, and, should we survive, whether we’ll remember what we want to forget or forget what we want to remember.
Beech Grove government bracing for budget cuts
Property-tax caps should help Hoosier homeowners save a bundle next year.
Note to Hoosier entrepreneurs: Fight on!
Great leaders are not born out of good times â?? they are born out of severe challenge.
Conseco’s investment loss of $96 million ‘pretty good’ by comparison
Eric Johnson, Conseco Inc.’s president over its investment unit called 40/86 Advisors, talked with IBJ about the surprises
of the investing world over the last 18 months.
Distribution holds promise for Central Indiana
A new report shows that, despite a sluggish national economy, the Indianapolis area should continue to attract industrial
businesses and distribution centers next year.
Economist puts present economy in historical perspective
The clouds of darkness will pass, fear will be removed, and the light of the season will linger in those who seek it.
Other states duplicate Indiana’s tax-amnesty program
Indiana Gov. Mitch Daniels has no plans to repeat Indiana’s tax-amnesty program that recovered about $245 million from delinquent
payers in 2005.
Recession forces Shelby County’s largest employer to cut workers
Knauf Insulation is cutting 11 percent of its work force in Shelbyville as the recession prolongs the housing downturn that
began two years ago.
Banks’ ‘food fight’ to restock pantries
In response to Mayor Ballard’s Citywide Food Initiative, banks in our community have combined forces to help restock food
pantries.
Kite drops about 10 percent of its staff as retail market flounders
Kite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes
with dried-up credit and a soft retail market.
Steepest job losses of recession are occurring now
Ball State University’s Indiana econometric model predicts that earnings in all of Indiana’s
major economic sectors except health care will decline in the next three months.
Interconnected economies exacerbate our challenges
Increasing specialization and interdependence worldwide results in worldwide economic difficulties.
Indiana should brace for auto fallout
The Big Three and the United Auto Workers do not appear to be serious about making the concessions and changes that are necessary
to make them a viable entity for the long haul.
Diesel dip in price not fueling trucking recovery
Hampered much of the year by high fuel prices, trucking companies still may be in for a long haul before they’re back on the
road to recovery.
Worst fallout to come in waning days of recession
The Dec. 1 announcement by the Business Cycle Dating Committee of the National Bureau of Economic Research officially dated
the recession back to the fourth quarter of 2007.
Worst auto market in 30 years might force consolidation
New car dealers, usually among the most resilient of all small businesses in weathering economic downturns, are hanging on
for dear life this time around, portending a shakeout among Indiana’s 520 dealers.
Not-for-profits can grow in tough times
One of the most pressing questions not-for-profits should be asking is: “How will we respond to this economy?”
Study says most U.S. pensions are poised to recover
A new national analysis of U.S. public pension funds suggests most invest prudently, even in volatile times.