For the record.
I-69 is in the news and we provide a one-page glimpse of the
corridor and the counties it will directly affect. But within these
pages, we are also looking at the existing I-69 corridor. Thanks to . . .
Richmond.
The Richmond-Connersville-New Castle (RCNC) area economy can expect
a rebound in 2004. Business activity will pick up from its current
lackluster performance. This is predicated upon national . . .
Indianapolis.
Hyper-fix, a downtown interstate highway project, was completed
with such efficiency that it has been forgotten. The relocation of I-70
alongside the airport is in progress and causing few . . .
Columbus.
As we look ahead to 2004, the nation is emerging from a different
kind of recession. That difference is going to have an important impact
on Columbus and Bartholomew County.
The national economic . . .
Housing.
The jobless recovery has not deterred people from buying homes over
the past year and this is expected to continue in 2004. Low interest
rates resulted in housing affordability hitting a . . .
Letting it ride on Indiana's technology belt.
According to Louis Pasteur, "Chance favors the prepared
mind." Similarly, economic development success favors prepared
communities. In a rapid response economy, choices are determined by
paths of . . .
South Bend/Mishawaka and Elkhart/Goshen.
To help understand how we came to where we are today, Table 1 and
Figure 1 chart the longer term progress of the Michiana region, of which
South Bend/Mishawaka and Elkhart/Goshen are a major part. . . .
Kokomo.
As noted in the international, national, and state economies, the
recovery is officially on, the economy is perking upward, and we expect
continued growth. However, the Kokomo economy, while . . .
Evansville.
The Evansville economy was stalled for much of 2002, as measured by
the index of economic activity maintained at the University of
Evansville (see Table 1). Reaching a peak in 1999, it posted . . .
Indiana.
After a long period of uncertainty fed by mixed economic signals,
more and more economists are dancing to the tune that the jobless
recovery of the U.S. economy is finally turning around. In . . .
Indiana metro areas.(Outlook Summary for 2004)
* Barry Ritchey on Anderson: Income in the county continues to lag
behind income for the state, which lags behind income growth for the
country. That performance is a continuing trend for this . . .
New Albany.
During 2003, the economy of southern Indiana continued to perform
better than state and national economic trends. The New Albany area
actually experienced a net job gain over the past year, as . . .
Gary.
Employment in the northwest Indiana economy (Lake and Porter
counties) has remained fairly constant during 2003 (252,100 in January
and 252,400 in September), a development comparable to the nation . . .
Bloomington.
A booming housing construction market continues to characterize the
Bloomington economy. Year-to-date estimates from the U.S. Census Bureau
indicate continuing growth (see Figure 1). Added to . . .
Corporate governance and reporting.
Overwhelmingly, company financial statements and tax returns are
prepared with integrity by honest managers and audited by competent
professionals with proper skepticism. Fraud and misleading . . .
The big picture.(Outlook Summary for 2004)
* Bill Witte on the National Forecast: Gross Domestic Product is to
approach 4 percent next year. This growth should be more broadly based
than during the past two years, with significant help from . . .
Muncie.
The recession of 2001 may have been one of the mildest on record
for the national economy, but try telling that to a Muncie area
business, particularly in manufacturing. The two-year long cratering . . .
Fort Wayne.
Manufacturing is disappearing. No, it's manufacturing
employment that's disappearing. As shown in Figure 1, the total
value of goods manufactured in the U.S. has declined approximately 6
percent . . .
Anderson.
Employment is the big story nationally. Many communities are faced
with the difficult task of attracting more jobs. Anderson and Madison
County are no exception. The competitive environment brings . . .
Financial forecast.
The past three years have been tough on investors with declining
stock market returns and low interest rates. Furthermore, notable
companies such as Enron, Worldcom, and United Airlines have . . .
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