Economy

(Zoom screenshot)

Indiana faced a $900 million hole in its finances in the fiscal year that ended last month.

(Courtesy of Purdue University Center for Commercial Agriculture)

The coronavirus pandemic has caused American farmers to feel less optimistic than before about their present and future. A recent national survey shows farmer sentiment is improving for a second month in a row after falling from its all-time highest point earlier this year.

(Justin Hicks/IPB News)

As state officials work to figure out how to address tax revenue losses due to COVID-19, local governments are facing shortfalls of their own.

JUSTIN HICKS/IPB NEWS

St. Joseph County, Indiana officials held a virtual press conference Friday to talk about the county’s response to the coronavirus pandemic. Some county officials say it's too early to start reopening the local ecnonomy.

ATTA KENARE/AFP via Getty Images

Several cities and companies have suspended utility shut offs during the coronavirus pandemic. It could help families on the margin.

Samantha Horton/IPB News

Businesses near Indiana Beach are trying to figure out what’s next after the amusement and water park announced it’s closing.

Since the California-based company Apex Parks Group told Monticello city officials they were closing the facility, locals have expressed their disappointment and questioned what it means for the community.

Jennifer Weingart / WVPE Public Radio

 Local officials across Michigan are concerned about what a recession would mean for their communities.

As part of the weekly series MichMash Cheyna Roth and Jake Neher talk about what cities are doing to prepare for a possible economic downturn in 2020.

University Of Michigan Economic Forecast

Nov 23, 2019
General Motors

A respected economic report from the University of Michigan says the state’s economy has stalled, but growth is expected to return next year.        

Annacaroline Caruso/WVPE News

Leaders from South Bend, Mishawaka, and Elkhart say the local economy is strong. 

Local businesses gathered for the annual State of the Region Economic Update.

Samantha Horton/IPB News

An Indiana economist says the United Automobile Workers strike against General Motors comes at a pivotal moment for the union. 

The UAW lost about 35,000 members across the country last year. National leaders of the union say they called a strike to fight for a four-year contract that would give union workers higher wages and additional job protections at a time when the manufacturing industry is seeing reduced growth.

Ball State economist Michael Hicks says the union’s new contract with automakers will be a critical test for the UAW to show its value and maintain members.

Indiana Health Goals Fall Short In Economic Report

Jun 12, 2019

Indiana has made strides in a plan to improve the state’s economic outlook but a number of health measures could be holding back progress.

Indianapolis Tech Company MetaCX Announces Expansion

May 14, 2019
Samantha Horton

An Indianapolis-based software start-up announced Tuesday it’s expanding and hiring as many as 75 employees over the next four years.

SBN sees flight activity take off in 2018

Feb 28, 2019
South Bend International Airport

 

(SOUTH BEND) - The city's International Airport saw a more than 20-percent jump in usage during the first three quarters of 2018. Average growth for similarly sized airports was three to seven-percent in the same time frame.

President Barack Obama delivered his remarks about the economy at Concord High School in Elkhart Wednesday, June 1, 2016.

Video of the President's appearance begins approximately 25 minutes in.

Twenty-nine states and the District of Columbia now have a minimum wage higher than the federal minimum, but the chances of Indiana following suit aren't great.

The survey shows fashion bloggers are more inclined to spend on technology than in previous quarters.

The state’s latest employment report was released Friday.

Indiana's unemployment rate remains below the national average.