Indiana Business Review articles from December 2006

Indiana Business Review archives from December 2006

Outlook for 2007.
December 22, 2006... For more than a third of a century, a group of IU faculty has gathered at the Kelley School of Business each fall to consider the economic outlook for the coming year. In the process, they forecast the prospects in terms of global, national,...

The international economy.
December 22, 2006... World economic growth for 2006 is projected at 5.1 percent (measured in terms of real GDP), compared to growth rates of 5.3 percent in 2004 and 4.9 percent in 2005. The International Monetary Fund in Washington forecasts world economic growth...

The U.S. economy.
December 22, 2006... Overall, 2006 will end up as a pretty good year for the U.S. economy, although not in all dimensions. Growth in total output (GDP) should be close to 3.3 percent (see Figure 1). Payroll employment will have grown by about 1.8 million, and the...

Financial forecast.
December 22, 2006... The Dow Jones Industrial Index hit a record high in October by crossing over the 12,000 threshold, yet investors are not wildly celebrating. Part of the reason is that the Dow does not denote the "stock market," since the thirty stocks...

Housing.
December 22, 2006... The big question as we approach the end of 2006 is whether the housing slump is over. Sales of new single-family homes rose 5.3 percent in September to a seasonally adjusted annual rate of 1.075 million units, according to figures released by...

Indiana agriculture.
December 22, 2006... Indiana agriculture is undergoing a massive transition and entering the energy business. Going forward, this leap into farming for fuel means that the price of gasoline will have a large impact on Indiana farm incomes and farmland values. ...

Indiana.(economic conditions)(Statistical data)
December 22, 2006... With the end of 2006 in sight, the year is shaping up to be one of even tamer growth than we predicted a year ago. As shown in Figure 1, Indiana's total nonfarm payroll employment in 2006 has continued its relatively steady climb that began in...

Anderson and Muncie.(economic conditions)
December 22, 2006... Forecasting is an exercise fraught with risk, and that risk doubles with forecasting the performance of small-sized urban economies. Not only are the data that we use to assess and project the future for smaller metro areas of uncertain...

Bloomington.(economic conditions)(Statistical data)
December 22, 2006... The Bloomington area's economy followed in the state's footsteps in 2006, and it appears on track for moderate growth in the year ahead. Monroe County's population, estimated at 121,407 in 2005, continued its slow growth, adding nearly 500...

Columbus.(economic conditions)(Statistical data)
December 22, 2006... The Columbus Metropolitan Statistical Area (metro) includes only Bartholomew County. It is the smallest of the fourteen Indiana-based metros, with employment in September 2006 of 43,800. (1) Jobs Manufacturing accounted for 35.2...

Evansville.
December 22, 2006... The Evansville economy continues to exhibit positive year-over-year growth. In 2006, personal income is estimated to increase by 5.75 percent compared to an average annual growth rate of 4.25 percent between 2001 and 2004 (see Figure 1)....

Fort Wayne.(economic conditions)
December 22, 2006... Last year's Outlook edition suggested that the Fort Wayne area economy was experiencing a "steady but gradual rebound" from the recession that occurred in the early years of this decade. The job creation numbers for the last twelve months...

Gary.(economic conditions)
December 22, 2006... Looking Back Establishment-Based Estimates of Employment and Earnings: The northwest Indiana (1) economy has generally lagged the state and the nation over the last decade and more. Between 1995 and 2006, employment in northwest Indiana...

Indianapolis.(economic conditions)(Statistical data)
December 22, 2006... The following data and forecasts refer to the nine-county Indianapolis area, including Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Marion, Morgan, and Shelby counties. Unless otherwise noted, data comes from STATS Indiana at...

Kokomo.
December 22, 2006... The recovery is officially on, the economy is perking upward, and we expect continued growth in the world, nation, and state. However, the Kokomo economy, while improving, is still lagging a bit behind the national and state economies. ...

New Albany.
December 22, 2006... During 2006, the southern Indiana economy showed mixed signals. Job growth was up in Floyd and Clark counties, but down in the rural counties (see Figure 1). Manufacturing job losses continued in six southern Indiana counties, but we observed...

Richmond.(economic conditions)
December 22, 2006... National and world trends continue to impact the economy in Wayne County, although actions taken in the past several years to encourage business growth appear to be paying off. Many developments in the past eighteen months are positively...

South Bend and Elkhart-Goshen.
December 22, 2006... The Michiana region, composed of the metropolitan areas of South Bend-Mishawaka and Elkhart-Goshen, faced a modest economy in 2006. The year started with promise that weakened in late spring and summer. However, hope has rekindled as conditions...

Terre Haute.
December 22, 2006... The national economy is expected to grow at a rate of 3 percent in 2007. Terre Haute's economy will grow in terms of income, but the picture for job gains is mixed because of continued volatility in the manufacturing sector. Population growth...

Timeline trivia.(US economic conditions)(Statistical table)(Brief article)
December 22, 2006... Timeline Trivia 1915 1967 2006 U.S. Population (Millions) 100 200 300 World Population (Billions) 1.8 3.5 6.5 ...