The Times Board of Economists
Next year's order of a burger, fries and pop could cost more, as the fast food industry braces for the impact of the Affordable Care Act.
Consumers' use of credit and debit cards continues to increase at Northwest Indiana shops, gas stations and restaurants.
The nonprofit community is a significant part of the economic engine in Northwest Indiana, Harry Vande Velde III said.
The media market in Northwest Indiana has proven resilient, with revenues generally up over 2012, according to Leigh Ellis, president of Radio One Communications.
There is again interest in building new homes, and buyers of both new and existing homes are again looking to "move up" to something better.
Manufacturing activity in the United States is following a similarly volatile pattern as it continues to recover from the impact of the Great Recession.
Shifts in how and where the United States gets its energy is driving big changes in the utility industry and the national economy as a whole.
Retailers saw a 2012 holiday shopping season in line with expectations, which have been taken down a notch ever since the 2008 recession and remain that way.
Northwest Indiana gaming boats are well positioned for new competition from other states, but could use some thoughtful actions by state legislators to stay on a steady course.
Restaurants throughout the nation are dealing with higher food costs and the uncertainties surrounding Obamacare, which are expected to hit the industry particularly hard.
Northwest Indiana bank executive David Rose said income statements of many banks around the country remain better than they were a few years ago as a result of improved economic conditions.
Conditions within the grocery segment are encouraging the trend of smaller chains of stores selling out to become part of larger "super-independent" ones, said Dave Wilkinson.
Record high average gasoline prices nationally in 2012 following on record prices the year before have big implications for retailers and the U.S. economy.
Local governments across the state cut expenditures and tightened their belts in response to the recession and due to Indiana's tax caps, so operating margins are now razor thin.
Sticking to your goals and thinking long term remain more important than ever, as the panicked din of the media and pundits grows louder and louder.
Con artists are continuing to use seemingly philanthropic ventures to profit from tragedies occurring late in 2012 such as Hurricane Sandy and the Newtown, Conn., school shooting, said Gail Zurek.
As the economy goes, so does United States Steel Corp.
Enrollments remain strong at local colleges as the economy recovers ever so slowly, with large uncertainties such as the fiscal cliff still looming, according to Micah Pollak, Indiana University Northwest assistant professor of economics.
After a strong recovery in the immediate aftermath of the recession, the resurgence of rail transport has slowed its momentum, with national freight carriers reporting an uneven performance throughout last year.
A record drought wilted crops across parts of the country last season, and apple orchards bore less fruit because of weather abnormalities.
Light vehicle sales in the United States rising 13.4 percent in 2012 from a year earlier shows that the industry continues to show improvements from the depths of the recession, said automobile dealership owner Tim Roper.
Construction in Northwest Indiana continues to rebound strongly from the recession, buoyed by big projects like the $3.8 billion BP refinery expansion and smaller ones such as hospital and health care upgrades, said William Hasse III, president of Hasse Construction.
Retail performance during the 2012 holiday shopping season was largely disappointing because of expectations formed based on sales early in the year, Joshua Halpern said.
The ground is shifting underfoot in health care, and leaders in the industry are trying to determine the local impact of elements of the Affordable Care Act.
The location of Porter Regional Hospital in Liberty Township has spurred development interest in other businesses in the area, said Valparaiso economic development official Rex Richards.
Although local union leader Jim Robinson said the economy "seems" to be getting better, there isn't a large share of job growth occurring in Northwest Indiana, especially within the manufacturing sector.
Harry Vande Velde III, left, president and CEO of the Legacy Foundation listens to Tim Roper, right, owner, Smith Auto Group speak at the Times Board of Economists meeting at the Innsbrook Country Club in Merrillville on Jan. 17.
Local business leaders, including Luke Oil president Tom Collins Sr., center, discuss the local economy at The Times Board of Economists meeting at the Innsbrook Country Club in Merrillville on Jan. 17.
Harry Vande Velde III, president and CEO of the Legacy Foundation, listens to discussions at The Times Board of Economists meeting at the Innsbrook Country Club in Merrillville on Jan. 17. Members of The Times Board of Economists said protracted political bickering and media coverage of the …
Josh Halpern listens to discussions during the Times Board of Economists meeting at the Innsbrook Country Club in Merrillville on Jan. 17.