An Indiana University economist says the Leading Index for Indiana – an economic predictor for the state – is sending mixed messages about the health of the Hoosier economy.
The Leading Index is at its highest point in four months, backed by positive reports from home builders and strong automotive sales. But Indiana Business Research Center Economic Analysis Director Timothy Slaper says small business optimism is down and rising mortgage rates are dampening enthusiasm.
The unemployment rate among young adults in Indiana is significantly higher than the state average and a Ball State economist says Hoosiers in that age group are still struggling to recover from the recession.
An Indiana advocacy group joined dozens of rallies across the state and country against a proposed change to Social Security it says will cut benefits for seniors.
A proposed change in the House Republican budget in Congress would tie Social Security’s cost-of-living adjustments to what’s called chained CPI, a measure of the Consumer Price Index.
It’s a move aimed at helping reduce the ballooning national debt. But seniors groups like the Indiana Alliance for Retired Americans say chained CPI could cost seniors as much as six thousand dollars in benefits over 15 years.
As the U.S. Senate wraps up debate on a comprehensive immigration reform bill, members of President Barack Obama's administration are going to the public to drum up support for the bill as it heads to the House. Republican House leaders say they’re in no rush to take up the measure.
The Indiana Economic Development Corporation is deploying a new marketing campaign aimed at reducing the state’s unemployment rate.
Governor Mike Pence often said on the campaign trail he wanted to make Indiana the state that works. The Indiana Economic Development Corporation is borrowing that slogan for its new marketing campaign.
State Secretary of Commerce Victor Smith says the campaign will use a broad-based approach that incorporates its new website.