Indiana Business Review articles from December 2008

Indiana Business Review archives from December 2008

Outlook for 2009.(Conference news)
December 22, 2008... December 2008 For thirty-six 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...

International outlook for 2009.
December 22, 2008... November 2008 After four years of strong growth, the world economy is falling into a major downturn and is forecasted to grow at only 2.2 percent in 2009. (1) This growth rate is at its lowest level since 2002 as concerns have intensified...

U.S. outlook for 2009.
December 22, 2008... November 2008, updated December 2008 A year ago, in our expectations for 2008, we began: 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...

Financial outlook for 2009.
December 22, 2008... November 2008 How times have changed. Last year at this time, we saw investment storm clouds on the horizon. But like other storms, we thought they would pass through and leave us unscathed in the end. Instead, like the Indiana storms of...

Housing market outlook for 2009.
December 22, 2008... November 2008 The Blame Game Needless to say, the housing industry has taken the blunt of the blame for the financial crisis and the current economic recession. Certainly, the unprecedented growth of subprime mortgages made to people...

Indiana's outlook for 2009.
December 22, 2008... November 2008, updated December 2008 Indiana is not immune to the forces shaping the national and global economies, so its outlook for the year ahead is similarly cloudy. At the same time, certain aspects of Indiana's economy cause the...

Indiana's agricultural outlook for 2009.
December 22, 2008... November 2008, updated December 2008 Indiana agriculture will face massive uncertainty in 2009. The excitement generated in 2008 with the rapid growth of the biofuels sector, strong export demand, and record wheat prices due to very tight...

Indiana's special sectors outlook for 2009.
December 22, 2008... November 2008 Manufacturing Carol D'Amico: President and Chief Executive Officer, Conexus Indiana Manufacturing has been the heart of Indiana's economy for generations, and we continue to be one of the nation's most...

Anderson forecast 2009.
December 22, 2008... October 2008 What a difference a year makes. Profound changes occurred between the fall of 2007 and the fall of 2008 that will likely change the landscape of our economic world. Nationally, we have gone through one of the most profound...

Bloomington forecast 2009.
December 22, 2008... November 2008 Just as 2009 promises to be a tough year for economies throughout the nation and around the world, it will challenge the Bloomington economy. The prospects for the Bloomington area, however, seem somewhat less cloudy than in...

Columbus forecast 2009.
December 22, 2008... November 2008 Columbus and Bartholomew County have always depended on manufacturing for their economic health. Given that the nation's manufacturing sector typically contracts sharply in a recession, recessions have hit hard in Indiana and...

Evansville forecast 2009.
December 22, 2008... November 2008 In 2008, the Evansville economy was not immune to the volatility of financial markets and the slowdown in the national economy that arose after the emergence of the subprime mortgage crisis in early 2007. In 2008, nominal...

Fort Wayne forecast 2009.
December 22, 2008... November 2008, updated December 2008 What a difference a year makes. The outlook prepared last year for the Fort Wayne area referenced concern over the "ongoing turmoil in the domestic automotive industry impacting the supply network" and...

Gary forecast 2009.
December 22, 2008... November 2008, updated December 2008 The performance of the northwest Indiana economy in 2008 has been, in a number of ways, a surprise. Historically, northwest Indiana has lagged the nation in employment growth (see Figure 1), but that has...

Indianapolis-Carmel forecast 2009.
December 22, 2008... November 2008 The following data and forecasts refer to the entire Indianapolis-Carmel metropolitan statistical area, which includes Boone, Brown, Hamilton, Hancock, Hendricks, Johnson, Marion, Morgan, Putnam, and Shelby counties. Unless...

Kokomo forecast 2009.
December 22, 2008... November 2008 Recent news from the Kokomo manufacturing sector has not left much room for optimism. Two of the area's largest employers have recently announced large layoffs that could have a significant impact on the area. In addition, a...

Louisville forecast 2009.
December 22, 2008... October 2008, updated December 2008 How will Louisville weather the current financial crisis? Based on current readings of data in the Louisville metro, trends over the past year, and the historical relationship between Louisville and the...

Muncie forecast 2009.
December 22, 2008... November 2008 Like many small Midwestern cities, the Muncie metro area (Delaware County) struggles to reinvent itself in the face of daunting demographics, the loss of traditional manufacturing jobs, and all the attendant woes of the...

Richmond forecast 2009.
December 22, 2008... November 2008 Although not as active as in the past, the Wayne County housing market has not had the dramatic drop in values that has occurred in other parts of the country, such as California, Florida, and Nevada. The average sale...

South Bend and Elkhart area forecast 2009.
December 22, 2008... November 2008 The Michiana region, comprised of the South Bend-Mishawaka (St. Joseph County) and Elkhart-Goshen (Elkhart County) areas, will rebound slowly in 2009 after facing a weakened economy in 2008. Recovery will depend on...

Terre Haute forecast 2009.
December 22, 2008... November 2008 Just when it looked like Terre Haute had turned the corner on a decades-long economic malaise, the fortunes have once again turned against the city. Little more than two years ago, it looked as if Terre Haute would gain...