Articles

Housing gridlock

Itâ??s old news that houses arenâ??t selling. But did you realize the situation is so bad that migration around
the country has all but stopped?

Thatâ??s what Ball State University economist Mike Hicks and a colleague at the Mackinaw Center for…

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Half of state’s public-company CEOs saw pay rise in 2008

For investors, 2008 was the worst year since the Great Depression. Even so, more than half of the state’s public-company executives
saw the value of their pay packages rise from 2007—despite the fact that only 10 of the companies posted a positive total
return in 2008, and 46 companies shed more than one-third of their stock market value.

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Innovation drought?

Beneath Americaâ??s financial woes lies a lack of innovation, a recent BusinessWeek article argues. A paucity
of breakthrough products could have triggered the nationâ??s borrowing binge and ultimately the financial meltdown,
it says.

Hereâ??s the logic: A decade ago,…

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An outsider cautions Indianapolis

Before you hear Ed Morrisonâ??s warning for Indianapolis, itâ??s helpful to know the Cleveland-area resident is
a fan.

Morrison, who was hired by Purdue University a couple of years ago to help Hoosiers think of new ways of
solving problems, believes…

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Bargaining away the reserve

In his five-minute address last night, Mitch Daniels referred to other statesâ?? fiscal woes no fewer than
four times.

Daniels, who is so fiscally conservative that one wonders whether he darns his own socks, is rightfully proud
that his state hasnâ??t…

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Unprecedented economic forecast revision will frame special session

With the help of outside economists, Indiana government undergoes an economic forecast every other yearâ??a process that’s taken on increased importance this spring, as Gov. Mitch Daniels and the Legislature attempt to craft a two-year budget amid the deepest recession since the early 1980s.

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Recession toughens faith communities

I enjoyed speaking to your reporter, Kathleen McLaughlin. However, her article ["Building on a prayer," in the May 25 issue] contains an error that requires correction. The statement that "Holy Trinity Greek Christian Orthodox Church proceeded with its northward migration from 40th and Pennsylvania streets to western Carmel even though it isn’t necessarily growing"—is not […]

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The recession hits churches

Churches, which tend to ride out recessions better than many other institutions, are struggling to finish
building projects, reporter Kathleen McLaughlin writes in this weekendâ??s IBJ.

The recession and stock market downturn have forced parishioners to scale back commitments,…

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Stressed college grads

A new poll shows college grads are worried about finding jobs â?? no surprise there, considering the sorry
state of the economy.

But the poll, taken by Edison Media Research, also shows a third of them fretting about their…

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Fiscal crisis calls for drastic measure

Ind. Gov. Mitch Daniels will call the Legislature into special session to pass an acceptable budget, but some legislators think a budget that would satisfy the governor cannot be crafted by the contentious partisans in this developing fiasco.

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Report: Life sciences rocks

Indiana University handed the stateâ??s life sciences industry a nice love letter today in the form of a study.

Pharmaceuticals, medical equipment and health care supplies were responsible for nearly a fourth of all jobs
created in the state…

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Scott Sanders on the recession

One of Indianaâ??s better-known living authors, Scott Russell Sanders, has spent most of his career writing
about our relationship to the environment and our sense of place.

Sanders newest book, â??A Conservationist Manifesto,â?? published last month by Indiana University…

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Lessons from a small bank

Sometimes one extreme sheds light on another extreme, and in a day when the nationâ??s financial system is
under the microscope for making all manner of rotten loans, the experience of tiny Kentland Federal Savings
& Loan Association might be…

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Data can be deceiving when the economy slows

Investors today are dealing with a variety of calculation problems when attempting to determine if stocks
are attractive values. Some of the more common ratios and statistical measures that investors regularly employ to value businesses
become skewed in an economic downturn.

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Return of the gas-guzzler?

Americans are gravitating toward the kinds of vehicles theyâ??ll be buying for the next several years, says
one of the nationâ??s leading automotive forecasters.

John Wolkonowicz, senior auto analyst at IHS Global Insight, says the dominant vehicle of the future will…

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