Board Of Economists
The banking sector has been improving gradually over the last couple years, and should continue to make positive gains, a Northwest Indiana banker said.
Grocery stores are working to remain relevant to customers, such as by offering more natural foods, said Stack & Van Til president Dave Wilkinson.
Major financial markets have been performing well, but the shutdown could slow the pace of growth, a Northwest Indiana investment adviser said.
The manufacturing sector continues to improve, and the steel industry in particular has been buoyed by strong auto sales, Berlin Metals president Roy Berlin said.
Gas consumption has been flat in Northwest Indiana though prices have come down from the high $3 range, said Tom Collins, the chief executive officer of fuel distributor and retailer Luke Oil.
The continued uncertainty shrouding the Affordable Care Act is leaving many in the health care industry wondering what comes next.
Last quarter indications show improvement may be on the horizon in the nonprofit sector.
Members of The Times Board of Economists reported at their October meeting the area economy keeps moving slowly forward and should see a boost because of holiday spending.
Micah Pollak, assistant professor of economics at Indiana University Northwest, talks about the economy's impact on higher education during the quarterly meeting of The Times Board of Economists Thursday at Innsbrook Country Club in Merrillville
Jennifer Finnerty, general sales manager at Radio One Communications
Jennifer Finnerty, general sales manager for Radio One Communications, talks about advertising sales during the quarterly meeting of The Times Board of Economists at Innsbrook Country Club in Merrillville.
To some parts of the country, corn belt states are known as flyover states. As people jet from coast to coast, the land below looks like swaths of brown, gold and green.
The gaming industry in Indiana continues to be affected by trends both national and regional, with casino operators keeping a wary eye on new competition from neighboring states.
Lake County taxpayers will begin feeling the pain this October, when the county's first-ever income tax hits paychecks.
MERRILLVILLE | Consumers have started to feel confident enough to buy big-ticket items again, including cars and homes, but Northwest Indiana business leaders remain concerned about jobs.
Manufacturing activity in the United States is following a similarly volatile pattern as it continues to recover from the impact of the Great Recession.
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.
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.
The media market in Northwest Indiana has proven resilient, with revenues generally up over 2012, according to Leigh Ellis, president of Radio One Communications.
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.
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