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Indiana Business Magazine articles from May 2005
Business publication provides economic and financial information on Indiana industries and issues. It also profiles Indiana businesses and decision-makers.
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Indiana Business Magazine archives from May 2005
Fast companies: Indiana motorsports industry on the fast track.
May 1, 2005... THE "GREATEST SPECTACLE in Racing" may end when the whine of Indy 500 engines fades in the late afternoon of the last Sunday in May. But the economic victory lap driven by Indiana's motorsports industry continues all year.
That's the word...
Unemployment rate riddle: jobless rates up just as job growth finally arrives?(INDIANA INDICATORS)
May 1, 2005... YOU MAY NOT BELIEVE it, but the data tell us it is true. Indiana is leading the Midwest in job growth. In fact, through the last 14 months the state's employers have kept up with the national economy in net job creation, while Illinois, Ohio...
Small-business winners: Indiana business people and companies honored by the U.S. Small Business Administration.(COVER STORY)(Cover Story)
May 1, 2005... SMALL BUSINESSES employ more than half of all private-sector workers and account for more than half of the output of our economy Dubbed the job-creation engine, they're responsible for two-thirds of new jobs. Impressive. But still just numbers....
Made in Indiana: manufacturing has a bigger economic impact than many realize.(MANUFACTURING)
May 1, 2005... WE'VE ALL HEARD THE refrain: manufacturing is in turmoil, therefore a manufacturing-heavy state like Indiana needs to explore other ways to drive the economy.
To be sure, economic diversification is a good thing. But manufacturing in...
The perks: voluntary benefits can help the sting of health-plan costs.(EMPLOYEE BENEFITS)
May 1, 2005... "WHEN YOU HAND OUT (health-plan) rate increases, employers just shake their heads at me and say, 'Your business is going to implode on you,'" says Leah Fouts, vice president employee benefits at Forrest Sherer, a Terre Haute insurance broker....
The answer? Can federally regulated association health plans curb health-insurance costs?(EMPLOYEE BENEFITS)
May 1, 2005... CHEAPER HEALTH insurance for small businesses--who would argue with that?
Lower cost is the hope of proponents of the Small Business Health Fairness Act of 2005, which would allow association health plans to be federally regulated under...
Design excellence: award-winning office interiors from around the state.(OFFICE DESIGN & TECHNOLOGY)
May 1, 2005... Sommer Barnard Ackerson offices. The 35-story One American Square building is the home of law firm Sommer Barnard Ackerson. CSO Architects of Indianapolis designed the offices, which earned an "Award of Excellence" from the Associated Builders...
Technology trends: multifunctional products more commonplace, colorful and capable.(OFFICE DESIGN & TECHNOLOGY)
May 1, 2005... THE MERGING OF electronic and hard-copy documents could eventually make file cabinets a thing of the past. Documents will be both stored and retrieved electronically. Multifunctional products (MFPs) are also becoming standard and color output...
Indiana CPA Society: engaging the state's accountants for 90 years.(Certified public accountants)
May 1, 2005... THE INDIANA CPA SOCIETY has been engaging the state's certified public accountants for 90 years, helping CPAs serve the public interest and facilitating the professional and continuing education of its members.
Accounting as a profession...
More rules for manufacturers: the landscape of product liability trials has changed.(ADVICE: LAW)
May 1, 2005... FOLLOW THE RULES. THIS fundamental tenet has been passed on from parent to child, teacher to pupil, and even lawyer to client. There are rules, instructions, guidelines, regulations, and--ultimately--laws that govern our behavior, and we are...
Choosing a business bank: facilitating a fair, stable and sustainable banking relationship.(ADVICE: BANKING)
May 1, 2005... SELECTING A BUSINESS banking relationship requires a thoughtful approach, much the same as you would use to choose an accountant or attorney.
Banking relationships represent an essential element of operating a business, one that will touch...
Northwest Indiana update: the region's top business stories.(REGIONAL REPORT NORTHWEST)
May 1, 2005... A HIGH TECH INCUBATOR in Merrillville and an expanded airport in Gary show that some segments of the northwest Indiana economy have been booming
Tech in Merrillville. In an effort that could change the region's image from steelmaker to...
Hammond: steel has cooled, but downtown is heating up.(REGIONAL REPORT NORTHWEST)
May 1, 2005... A LITTLE MORE THAN A generation ago, Hammond was the hub of the steel industry in northwest Indiana. It was home to LTV and Inland Steel, both of which employed tens of thousands of Hoosiers.
Both are now memories. The mills, now part of...
Lakefront living: what draws residents to northwest Indiana?(REGIONAL REPORT: NORTHWEST)
May 1, 2005... IN REAL ESTATE, IT IS SAID that location is everything. For real-estate professionals along the southern shore of Lake Michigan, that adage is what they live by.
For Doug Waters of Century 21 Long Beach, a suburb of Michigan City, the...
What Indiana makes, makes Indiana: we can unleash the growth potential of our state with the right economic strategies.(VIEWPOINT)(manufacturing sector)
May 1, 2005... EARLIER THIS YEAR THE Indiana Manufacturers Association and the Central Indiana Corporate Partnership released a year-long analysis of Indiana's manufacturing sector titled "What Indiana Makes, Makes Indiana." As one of the most...