Terre Haute.
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 . . .
Kokomo.
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 . . .
Evansville.
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 . . .
Indiana.(economic conditions)(Statistical data)
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 . . .
The U.S. economy.
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 . . .
Timeline trivia.(US economic conditions)(Statistical table)(Brief
article)
Timeline Trivia
1915 1967 2006
U.S. Population (Millions) 100 200 300
World Population (Billions) 1.8 . . .
New Albany.
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 . . .
Fort Wayne.(economic conditions)
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 . . .
Anderson and Muncie.(economic conditions)
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 . . .
Financial forecast.
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 . . .
Richmond.(economic conditions)
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 . . .
Gary.(economic conditions)
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 . . .
Bloomington.(economic conditions)(Statistical data)
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 . . .
Housing.
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 . . .
Outlook for 2007.
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 . . .
South Bend and Elkhart-Goshen.
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 . . .
Indianapolis.(economic conditions)(Statistical data)
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 . . .
Columbus.(economic conditions)(Statistical data)
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)
. . .
Indiana agriculture.
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 . . .
The international economy.
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 . . .
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