Indiana Business Review articles from January 2005

Indiana Business Review archives from January 2005

Outlook for 2006.
January 1, 2005... Following a tradition established more than a third of a century ago, a group of faculty gathered at the Kelley School of Business in October 2005 to discuss the economic outlook for the year ahead. Their goal was to forecast the prospects for...

The U.S. economy.
January 1, 2005... Prior to the left-right combination of Katrina and Rita (Katrita for short), the economy was headed toward a very satisfactory 2005. Growth in the first half of the year was at 3.6 percent and seemed to be accelerating. This extended the solid...

The international economy.
January 1, 2005... World economic growth for 2005 is projected at 4.3 percent, measured in terms of real gross domestic product (GDP). The years 2003 and 2004 had growth rates of 4.0 percent and 5.1 percent, respectively. The International Monetary Fund in...

Financial forecast.
January 1, 2005... How times have changed. The new mantra from Wall Street is that sex, drugs, and rock and roll have now been replaced by the three P's: pensions, Porsches, and a place on the beach. As college professors, our dean ensures that we don't get paid...

Housing.
January 1, 2005... The national housing sector has benefited significantly from low long-term interest rates in recent years. The Fed's hikes in short-term rates after mid-2004 did little to dampen housing demand. There has been talk of a housing bubble in many...

Indiana agriculture.
January 1, 2005... Where is the Indiana agricultural economy headed in 2006? The answer is toward weakening income and increasing (though at a slower pace) farmland values. Let's start with net farm incomes. Part of the reason farm incomes seem low is the...

Indiana.
January 1, 2005... Taking stock in the final quarter of 2005, Indiana's economy has continued to grow during the past year, though its rate of growth is slowing down as the year draws to a close. As shown in Figure 1, the state's total nonfarm employment has...

Anderson and Muncie.
January 1, 2005... As former Nixon economic advisor Herbert Stein once said, things that can't go on forever usually don't. That is the spirit in which we turn again to the task of projecting the economic future of the Anderson and Muncie metro for the coming...

Bloomington.
January 1, 2005... One need only look to Bloomington and Monroe County to find where the new economy is taking root. Recent announcements, ribbon-cuttings, and construction projects indicate the life sciences and advanced manufacturing sectors are alive and well....

Columbus.
January 1, 2005... Columbus and Bartholomew County are sensitive places. When the U.S. economy is happy, the local area is very happy. When the U.S. economy is a little sad, Columbus and Bartholomew County feel terrible. Figure 1 shows the historical patterns...

Evansville.
January 1, 2005... It is time for a change. Faithful readers of this space will recall that the Evansville economy did not show substantial growth after the turn of the century, according to the index of economic activity maintained at the University of...

Fort Wayne>.
January 1, 2005... The Fort Wayne area economy is steadily but gradually rebounding from the recession of the early portion of this decade. From an employment perspective, it appears that northeast Indiana hit the low point of the downturn in the last three...

Gary.
January 1, 2005... Northwest Indiana (1) continues to struggle to recover from the recession that began in the spring of 2001 and ended in the fall of the same year. While the recession was brief and relatively mild nationally, total employment in northwest...

Indianapolis.
January 1, 2005... The data and forecasts in this article refer to the entire Indianapolis metro, including Boone, Hamilton, Hancock Hendricks, Johnson, Madison, Marion, Morgan, and Shelby counties. Unless otherwise stated, all data is from the U.S. Census Bureau...

Kokomo.
January 1, 2005... The short-term economic forecast for Kokomo can be summed up with one word: uncertainty. The local Kokomo economy will suffer in 2006 more from the apprehension and fear of impending local manufacturing changes rather than from the changes...

New Albany.
January 1, 2005... Economic indicators for southern Indiana show mixed results for 2005. Average employment in the Louisville Metropolitan Statistical Area (metro), and in southern Indiana in particular, increased for the second year in a row. Yet, indicators of...

Richmond.
January 1, 2005... There is mixed news coming from the Richmond--Connersville--New Castle (RCNC) area economy. The manufacturing sector, especially in Richmond, suffered a few plant closings in 2004 and 2005. A significant number of good-paying jobs were lost....

South Bend and Elkhart-Goshen.
January 1, 2005... The Michiana region's economy sent mixed signals in 2005, but the outlook for 2006 is encouraging. This analysis examines the major metropolitan areas in the Michiana region, South Bend and Elkhart-Goshen, to provide an overview of the region's...

Terre Haute.
January 1, 2005... After decades of steady decline, the Terre Haute economic horizon has noticeable signs of economic progress but a few lingering clouds. The demolition of the city's iconic Terre Haute House, a retail construction boom, and a significant...

Mark your calendar.
January 1, 2005... The Health Care Conundrum: a Call for Leadership Registration: February 21, 2006 Date: March 8, 2006 The Kelley School of Business at Indiana University will host its 60th annual business conference to begin the development of a...

Digital connections.
January 1, 2005... Indiana Business Review Your source for credible analysis on current issues affecting the economy, the IBR online has searchable archives. www.ibrc.indiana.edu/ibr InContext Current workforce and economic news with searchable...