Every day, we get more bad economic news. While I’m not smart enough to know when the global economy will rebound or how strong
the rebound will be, I do believe central Indiana and the Midwest are well-positioned to lead the recovery.
These days, the "buy local" crowd seems to have a stronger voice. I am gleeful about this for a variety of reasons, but it
is helpful to view some of their claims with a bit of skepticism. At least that is what economists should do.
Hoosiers identify many factors contributing to our state’s long-term economic difficulties. It is fashionable to blame our
workers. It is easy to decry a lack of natural amenities: no mountains, no coral reefs. Our public schools are inferior and
perhaps our higher education is overrated. Our taxes are too high but we have substandard government services. We ain’t got
no culture. Rarely do we hear anyone say that our problem is management.
There’s a smorgasbord available for small businesses in the federal stimulus package. The trick is figuring out how to get a plate. Plenty of local experts are serving up access to the buffet. And some entrepreneurs are digging in. But others consider the
stimulus warmed-over leftovers.
You might think people would be hankering to buy businesses, what with the frail economy tripping trap doors
beneath more and more jobs.
Not so, says the managing partner of the stateâ??s largest business brokerage.
Ed Mysogland says the Web site for…
In his conversations with business owners and CEOs, Carmel consultant Bud Roth sees attitudes about the recession
changing, but not changing enough.
Many leaders have figured out whether or not their organizations will survive, says Roth, who was vice president
of…
Struggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a
major equity partner-developments that raise doubts about whether the locally based company can survive the recession.
In a March 13 filing with the Securities and Exchange Commission, publicly traded White River revealed it’s postponed its merger with First Chicago Bancorp, and now is negotiating new terms.
Indiana golf course operators are nervous about how the recession might lead to fewer golfers and lost revenue.
With economists predicting the statewide unemployment average will reach 10 percent this year, the experience of a hard-hit
city like Connersville offers a glimpse of what lies ahead for other manufacturing-reliant Hoosier communities.
A healthy economy can only be sustained under a true free-market capitalist society of producers and savers.
Though I’m an economist, and not much skilled at matters of the heart, it seems to me there’s something amiss in today’s national psyche. There’s no real sense of purpose or unity. For those of us old enough to have had very close relatives who lived through the Great Depression, today just feels different from […]
Instead of buying and selling, investors with ready cash are buying houses at substantial markdowns, turning them into rental
properties and sitting tight until the market improves.
Restaurateurs are responding to the recession, be they the proprietors of fine-dining establishments or burger joints, by offering low-cost dining deals.
Car dealers fearful of losing their flagship brands if auto manufacturers crash and burn aren’t getting much help from the
Indiana General Assembly.
Hoosiers’ long ride on the gambling gravy train finally may be coming to an end.
Local manufacturing stalwart Allison Transmission will have to restructure its more than $4 billion in debt or further cut
expenses if it’s going to weather the recession.
About two dozen franchises based in Indiana are not immune to difficulties during the recession.
Among defendants named in a Missouri lawsuit against investment firm Stifel Nicolaus and Co. is Stifel Managing Director Jeffrey
Cohen, who is based in the company’s Indianapolis
office.
In the past, lawmakers ignored the need to fix financing for the Unemployment Insurance Trust Fund, and now they must come
up with solutions that will be difficult for both Democrats and Republicans to accept.
