MANN: Commercial real estate is next mortgage crisis
The cresting wave of maturing commercial real estate debt is the second act in our nation’s credit crisis.
Economy
Articles
A beachhead in Warsaw
The launch of the orthopedics not-for-profit OrthoWorx is quite an accomplishment in Warsaw, where some of the world’s
biggest companies fight tooth-and-nail.
MARCUS: State’s long-term job deficit tops 800,000
Recently, I saw a newspaper story detailing the number and percentage of jobs lost over the past year for Indiana’s
metropolitan areas. This year-over-year story is appropriate, but it tends to hide the truth behind the numbers.
Recession likely over in Indiana
More evidence arrived yesterday that the recession in Indiana has finally bottomed. But little of that evidence suggests a
quick recovery.
For the jobless, Labor Day is not much of a holiday
The nearly 15 million unemployed Americans won’t enjoy Labor Day as a relaxing respite from work. Instead, they’ll once again
need to prepare to get up, hit the pavement and keep hunting for a job.
National jobless rate hits 26-year high
The unemployment rate jumped almost a half-point, to 9.7 percent, in August, the highest since 1983, reflecting a poor job
market that will make it hard for the economy to begin a sustained recovery.
Potential Harley-Davidson plant could become tourist attraction
The so-called Shelbyville site Harley-Davidson is considering for a new assembly plant actually isn’t in Shelbyville,
but rather in an unincorporated portion of Shelby County near the Marion County line.
New jobless claims dip less than predicted
New jobless claims fell slightly last week while the number of people receiving unemployment benefits rose, a sign the job
market’s recovery will be long and bumpy.
MARCUS: Transportation tells us about economy
Our many national concerns are manifest in the widespread transportation industry. The level of
economic activity determines the demand for transportation services and equipment.
Forecast: Indy to recover in 2012
IHS Global Insight this week predicted the Indianapolis metro area will not recover jobs lost in the recession until 2012.
Worker productivity soars, labor costs plummet
Worker productivity, the single biggest factor determining living standards, grew at the fastest pace in nearly six years
in the spring while labor costs fell by the most in nine years, as companies slashed costs to survive the recession.
Kansas City out of running for Harley-Davidson plant
Central Indiana’s chances for landing a Harley-Davidson motorcycle plant have been improved by the elimination of Kansas
City from the list of potential sites.
Lumina chair Mutz preps for a W downturn
John Mutz, former lieutenant governor and chairman of the Lumina Foundation, is digging in for extended hard times.
Economy pushes executives into small firms
In the recession, folks with former big-company careers
are increasingly taking jobs with small businesses. For some downsized executives, it’s about the desperate need for
a paycheck. Others, who felt impotent and pigeonholed in corporations, discover they prefer the challenge of entrepreneurship.
CIB OKs budget, but awaits council vote
Members of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.
Indiana’s jobless rate remains nearly unchanged
Indiana’s unemployment situation appears to be stabilizing as the jobless rate held almost steady for the third month in a
row, the Indiana Department of Workforce Development said this morning.
KANNING: Is our nation following in GM’s footsteps?
Flawed decisions destroy organizations, not company size or lack thereof.
Indiana workplace deaths rise slightly
The number of Hoosiers who died on the job last year ticked up from the previous year. But the total still represents the
second-fewest workplace fatalities since the federal government began tracking the statistic in 1992, the Indiana Department
of Labor said today.
MARCUS: Changing roles cause conflict
Americans are uncomfortable when responsibilities between the public and private sectors shift.
Grizzled entrepreneur: Pounce now
Dave Becker has made a lot of money on ventures including First Internet Bank and a banking software firm
called re:Member Data Services, so his thoughts about the right time to launch a business are not exactly
uninformed.
When is the…