Our many national concerns are manifest in the widespread transportation industry. The level of
economic activity determines the demand for transportation services and equipment.
IHS Global Insight this week predicted the Indianapolis metro area will not recover jobs lost in the recession until 2012.
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.
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.
John Mutz, former lieutenant governor and chairman of the Lumina Foundation, is digging in for extended hard times.
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.
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 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.
Flawed decisions destroy organizations, not company size or lack thereof.
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.
Americans are uncomfortable when responsibilities between the public and private sectors shift.
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…
The wealthy in the Indianapolis area arenâ??t carrying their weight in supporting United Way of Central Indiana,
according to an analysis by the not-for-profit   comparing places including Cincinnati, Milwaukee and Columbus,
Ohio.
The Indianapolis chapter has 22 â??principalâ?? donors, defined as…
â??Cash for clunkersâ?? has sent lots of gas-guzzlers to the scrap yard and helped car dealers move the metal.
But as Congress considers adding $2 billion to the initial $1 billion earmarked for the program, both the
political right and left…
Duffy Tool & Stamping LLC in Muncie has notified the Indiana Department of Workforce Development
that the company will close its plant by the end of October. Roughly 130 workers will lose their jobs as a result
of the closure, Duffy said in its July 27 filing.
If the problem is that consumers and businesses
are not spending because banks aren’t lending, then government making it easier for banks to lend and consumers to spend
is a good thing. The stimulus plan is right on target.
Hotel occupancy rates are way down in Indianapolis, as they are elsewhere, but local operators and national analysts think
the city is in a good position to bounce back when the economy improves.
Economic development officials like the stability of the food business, though wages typically are mediocre.
For a peek into just how hard the housing bust has hit the Indianapolis area, look no further than a new
study by the Indiana Business Research Center, an arm of Indiana Universityâ??s Kelley School of Business.
The region,…
Property-tax caps, as well as a dwindling population and commercial base, have left Muncie in the uncomfortable
situation of cutting budgets. Since the bulk of costs are related to fire and police salaries, few options
are available. The city has turned to the short length of rope the Legislature offered amid the debate
on property tax caps—the Local Option Income Tax.
