Indiana Business Review articles from December 2007

Indiana Business Review archives from December 2007

Outlook for 2008.
December 22, 2007... For 35 years, a group of Indiana University 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, state,...

The international economy.
December 22, 2007... The economic growth around the world looks to remain strong in 2008 despite the "financial turmoil" that we have been experiencing in the United States and, to some extent, in Europe since this summer. The International Monetary Fund (IMF)...

The U.S. economy.
December 22, 2007... During the past year, the U.S. economy has essentially been in survival mode. The good news as the year draws to a close is that we seem to have avoided intensive care. The not-so- good news is that the impediments to full recovery are not...

Financial forecast.
December 22, 2007... The financial markets performed quite well for the first half of 2007, with the Dow Jones Index crossing the 14,000 threshold on July 19. Then the subprime mortgage mess hit, reminding all investors that investments are indeed risky and must be...

Housing.
December 22, 2007... The housing slump that started in 2006 continued to worsen in 2007 as the term "subprime mortgage" entered many people's vocabulary for the first time. A subprime loan is a loan made to someone who does not qualify for a more favorable rate...

Indiana agriculture.
December 22, 2007... Indiana agriculture is going to enjoy the best financial times since the 1970s but will experience more uncertainty in 2008. The excitement of 2007--with the rapid growth of the biofuels sector, strong export demand, and record wheat prices due...

Indiana.
December 22, 2007... The outlook for Indiana's economy in the year ahead presents a mixed picture, not unlike that of the nation. We should expect more ups than downs, but unsettled economic forces at work beyond our borders make it difficult to hit this moving...

Anderson.
December 22, 2007... Employment is a central issue for the city of Anderson and Madison County. More specifically, for more than sixty years, automotive manufacturing employment has been the center of our economic base. After twenty-five years of decline, however,...

Bloomington.
December 22, 2007... Population Growing Things are looking brighter in many respects for the Bloomington area economy than they have in recent years. The city's population grew by an estimated 146 residents last year (2006), reversing a multi-year trend during...

Columbus.
December 22, 2007... The Columbus region has been affected by the overall housing crisis. However, the economic outlook for 2008 is positive but modest. This brief report will provide some important statistics about overall employment, job creation by sector, and...

Evansville.
December 22, 2007... The Evansville economy continues to exhibit positive year-over-year growth. In 2007, personal income is estimated to increase by 5.6 percent compared to an average annual growth rate of 4.3 percent between 2002 and 2005 (see Figure 1). Economic...

Fort Wayne.(United States. Bureau of Economic Analysis)
December 22, 2007... In September 2007, the U.S. Bureau of Economic Analysis (BEA) released an important new tool for measuring the strength, composition, and output of urban economies. For the first time, we have federally compiled and easily accessible...

Gary.(Northwest Indiana)
December 22, 2007... Northwest Indiana continues to lag both the state and the nation in terms of growth. From September 1990 through September 2007, payroll employment (1) in northwest Indiana grew at an average annual rate of 0.6 percent, while U.S. employment...

Indianapolis-Carmel.
December 22, 2007... The following data and forecasts refer to the entire Indianapolis-Carmel Metropolitan Statistical Area (MSA), which includes Boone, Brown, Hamilton, Hancock, Hendricks, Johnson, Marion, Morgan, Putnam, and Shelby counties. Unless otherwise...

Kokomo.
December 22, 2007... As noted in the forecasts for the international, national, and state economies, the recovery is okay (but not great), we expect growth to be okay (but not great), and employment numbers look okay (but certainly not great). However, the Kokomo...

Louisville.
December 22, 2007... Southern Indiana and the Louisville metro maintained moderate growth during 2006 and through 2007. Recent employment data, however, point to slowdowns in some sectors. Slower growth was evident in the construction, retail, and financial...

Muncie.(Muncie, Indiana)
December 22, 2007... Muncie's economy was rocked hard by the 2001 recession and the subsequent employment losses that swept the upper Midwest. Happily, it appears as if the employment declines and attendant out-migration have slowed considerably. As a result we...

Richmond.
December 22, 2007... Slow growth is the most likely forecast for the coming year Wayne County--but note the word growth is used here. This area has been hit hard by job declines in manufacturing in recent years and its population has also declined. Looking at...

South Bend-Mishawaka and Elkhart-Goshen.
December 22, 2007... The economic slowdown experienced across the United States also plagued north-central Indiana. The metropolitan areas of South Bend-Mishawaka (St. Joseph County, Indiana, and Cass Count]6 Michigan) and Elkhart-Goshen (Elkhart County, Indiana)...

Terre Haute.
December 22, 2007... The Terre Haute economy, when measured by its gross domestic product (GDP) in terms of sheer dollar volume, has grown from $3.5 billion to $5 billion from 1987 to 2007. (1) At the same time, personal income earned and accrued by residents...