Indiana is losing ground compared to other states when it comes to children’s overall well-being. That’s according to new data from the Annie E Casey’s Foundation’s Kids Count report. But the Indiana Youth Institute says the drop in rankings isn’t as bad as it sounds.
In the 2014 edition of Kids Count, Indiana ranked 27th in children’s overall well-being. This year, that dropped to 32nd.
Vera Bradley’s sales and profits continued to drop last year. The Fort Wayne-based retailer’s earnings were released Tuesday.
Vera Bradley reported net revenue of at about $500 million for fiscal year 2015– a more than two percent decline from the previous year. Store sales were down 20 percent, and shares fell to a record low.
The report comes one day after the company announced plans to close its New Haven factory which employs about 250 people, citing the increasing cost of domestic manufacturing.
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.
Listen to Brandon Smith's story about the high unemployment rate among Indiana's young adults.