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From the Editor.(notes on the sources for economic forecasts)(Brief Article)(Editorial)
December 22, 2000... From the Editor:
The forecasts provided here were written in the last months of 2000 by a cadre of university economists throughout Indiana. Their conclusions are based on long-term trends in the national, international, state and local...
Another Try at Comfortable Deceleration.(Brief Article)
December 22, 2000... You move into the passing lane, push the accelerator a little harder, make your pass, and then return to a comfortable, sustainable speed. The pass may have been necessary or exciting but it is good to be traveling at the right speed again....
The U.S. Economy.(2000 performance and forecasts)
December 22, 2000... There is some controversy whether 2000 is the last year of the 20th century or the first year of the 21st. In economic terms, if it is the former, the century ended with a bang. If it is the latter, it set a standard that will be very hard to...
The International Economy.(Statistical Data Included)
December 22, 2000... Economic growth around the world in 1999 rose above trend, as the effects of the 1997 Asian crisis were unwinding. The year 2000 looks even better. The International Monetary Fund forecasts world economic growth at 4.7 percent, one and half...
Financial Market Forecast for 2001.(Brief Article)
December 22, 2000... It is time for us to take out the crystal ball once again. 2000 being a presidential election year we must repeat one salient truth: the 2001 forecast is not dependent upon who is in the White House.
There are three major factors in...
Soft Landing for Housing.(year 2000 overview)(Brief Article)(Statistical Data Included)
December 22, 2000... Housing starts have been slowing throughout the year 2000. During the first quarter of the year housing starts were at a 1.7 million unit pace but by the third quarter the pace had slowed to about 1.5 million units. The average for 2000 will...
Indiana.(economy 1990-2000)(Brief Article)(Statistical Data Included)
December 22, 2000... The last recession ended, and the current expansion began, in the second quarter of 1991. Since then the U.S. and Indiana economies have been expanding. In constant (1996) dollars, Indiana's economy has grown by $39 billion, an average rate of...
Anderson.(county economic overview)(Brief Article)(Statistical Data Included)
December 22, 2000... Even though we have seen the end of the 1990s, we have not seen the end of the structural change for the Anderson community. Anderson is moving away from its traditional role as a blue collar manufacturing center to a new identity as local...
Columbus.(economic overview)(Statistical Data Included)
December 22, 2000... The State of the Local Economy
The Bartholomew County monthly unemployment rate in 2000 averaged 2.4 percent from January through the month of September. Comparatively, the unemployment rates for the state and the nation over the same...
Evansville.(economic overview)(Brief Article)(Statistical Data Included)
December 22, 2000... The Evansville economy continued its substantial growth into 1999 as measured by the index calculated at the University of Evansville. The index grew at 3 percent from 1995 to 1996, 1 percent from 1996 to 1997, 3 percent from 1997 to 1998, and...
Fort Wayne.(economic overview)(Brief Article)(Statistical Data Included)
December 22, 2000... This is a good time for those of us residing in the nine counties comprising northeast Indiana to remind ourselves that the northeast Indiana economy is not representative of the Indiana economy. Since 1979--the start of the infamous rustbelt...
Gary.(economic overview)(Statistical Data Included)
December 22, 2000... In the past year, employment growth in Northwest Indiana (Lake and Porter Counties) has slowed significantly. As a result, the unemployment rate in the region has increased from a low of about 3.2 percent in mid-1999 to about 4.5 percent at the...
Indianapolis.(economic overview)(Statistical Data Included)
December 22, 2000... The outlook is for a moderating rate of employment growth for the metropolitan (nine county) Indianapolis area. This outlook is based on the national consumption growth rate slowing to a rate closer to the national disposable personal income...
Kokomo.(strong economic outlook for 2001)(Statistical Data Included)
December 22, 2000... Kokomo is experiencing its longest period of economic expansion since 1992. Recently, Industry Week magazine stated that Kokomo is among the top 15 manufacturing centers in the U.S. According to the U.S. Department of Labor's Bureau of Economic...
Lafayette.(employment outlook for 2001)(Brief Article)(Statistical Data Included)
December 22, 2000... The Lafayette metropolitan area has been the third fastest growing metro area in the state for many years. The area's stable, well-diversified economic structure should help keep that momentum going into 2001.
The final counts for...
Muncie.(economy continuing to shrink)(Brief Article)(Statistical Data Included)
December 22, 2000... For at least 30 years, Muncie has been slowly shrinking in terms of its role in the Indiana state economy.
In 1970, people working in the Muncie metropolitan area enjoyed an earnings level that was 2.4% of all Indiana earnings (see Figure...
New Albany.(Indiana/Kentucky economy comparison)(Statistical Data Included)
December 22, 2000... In the year 2000 Southern Indiana and the Louisville metropolitan area continued to experience the strong economic trends that have been occurring regionally and nationally over the past several years. The seven counties in the Louisville...
Richmond-Connersville-New Castle.(optimistic outlook for 2001)(Brief Article)(Statistical Data Included)
December 22, 2000... National economic conditions have far-reaching repercussions on the Richmond-Connersville-New Castle (RCNC) area economy because of its interdependence with the U.S. economy. The anticipated 2001 national growth rates for real GDP (3.5...
South Bend.(company mergers likely to affect economy negatively)(Statistical Data Included)
December 22, 2000... South Bend/Mishawaka Elkhart/Goshen
In the early 1950s, both the South Bend/Mishawaka and Elkhart/Goshen local economies featured very strong manufacturing sectors. More than half of all employment in both economies was in manufacturing....
Terre Haute.(weak economic outlook for 2001)(Brief Article)(Statistical Data Included)
December 22, 2000... In the midst of the longest economic expansion in the nation's history, one Indiana metropolitan area is struggling to keep up with the prosperity gains. And its traditional weakness is expected to carry over into 2001.
Of the 11...