Buoyed by good news on the jobs front, the White House claimed credit Sunday for reversing the downward economic spiral while
bracing out-of-work Americans for a slow recovery.
A partial rebound in consumer confidence, a positive report on January home prices and an expected strong March from retailers
suggest Americans are cautiously perking up.
You know times have changed when the head of Indianapolis’ main investment bank can identify with the Tea Party movement.
The economy grew at 5.6-percent clip in fourth quarter, but the impressive number doesn’t indicate the recovery is strong,
economists say.
New claims for unemployment benefits fell more than anticipated last week—partially due to changes in the calculations—as
layoffs ease and hiring slowly recovers.
A well-known pollster finds Americans are losing optimism about improving their lots. Are your odds better if you live in
Indianapolis?
Indiana University forecasters are sticking with their prediction of sustainable economic growth kicking into gear
this summer.
Duke University researchers found a link between how a key stock index performed and how many heart attacks were treated at
their North Carolina hospital.
The Indiana General Assembly finally adjourned its 2010 legislative session early Saturday with deals including a one-year
delay on unemployment insurance tax increases and aid for schools reeling from state budget cuts.
Both parties reportedly agreed to tentative deals on the issues that threatened to push the legislative session all the way
to the brink, including a one-year delay for a planned increase in unemployment taxes.
Steel Dynamics is highly competitive partly because employees are compensated on how much money they save. Should Purdue and
other universities take notice?
The Labor Department figures suggest the job market is slowly healing but that significant hiring has yet to occur.
Out of six professionals IBJ profiled a year ago, three have found jobs, although all have accepted lower pay than
they were getting before. One could not be reached, but she still lists herself as looking for work on LinkedIn.com. Two tried
to start their own businesses, with one giving up and one, Bruce Flanagan, still trying.
Inflation causes lenders to raise interest rates. Businesses slow their borrowing, produce less and require fewer workers. Within a year or so, inflation becomes everyoneâ??s problem.
Company shuttering plant, moving work to Mexico.
New claims for unemployment benefits jumped unexpectedly last week, mostly because state agencies processed a backlog of
claims caused by snowstorms the previous week.
Practices are beginning to thaw along with other areas of the economy.
Some observers think Bayh will run for governor again to springboard to the presidency. But to stand out to national, and
possibly even Hoosier, voters, he might be forced outside his cautious comfort zone.
The finished trail will be great. But the federal government is on a trajectory toward fiscal oblivion.
The economy is as good or better in Hendricks County than anywhere else in the Indianapolis area.
