Participants in a Federal Reserve Bank of Chicago survey expect the the U.S. economy to grow at an annual rate of 2.3 percent in 2013, which would be an improvement from growth of 1.7 percent expected this year.
Local business leaders gather at the Indiana University Kelly School of Business 2013 Economic Outlook meeting Friday at Teibel's in Schererville.
Panelist Ellie Mafi-Kreft and IUN School of Business and Economics dean Anna Rominger chat before the Indiana University Kelly School of Business 2013 Economic Outlook meeting Friday at Teibel's in Schererville.
Lake County Advancement Committee Chairman Pete Doherty, left, IUN School of Business and Economics Dean Anna Rominger and Northwest Indiana Forum CEO Mark Maassel talk before the Indiana University Kelly School of Business 2013 Economic Outlook meeting Friday at Teibel's in Schererville.
NEW YORK | Job growth in the United States is slowing. Sales at stores have stopped growing. The economies of India, Brazil and China are cooling. Europe is crippled by government debt and bad bank loans.
Americans spent more on cars and trucks, and companies restocked their shelves at the strongest pace in nearly two years, helping the U.S. economy reach its fastest growth rate of last year.
The long-suffering job market is ending the year better off than it began. The number of people applying for unemployment benefits each week has dropped by 10 percent since January.
The U.S. economy will muddle through the next year without a recession, but growth-predicted to be 2.4 percent-will be too weak to make much of a dent in the unemployment rate, forecasters believe.
Like the sequel of a blockbuster horror movie, the debt ceiling may strike again: A gridlocked bipartisan congressional committee must find a way to agree on a deficit reduction plan by Nov. 23rd.
October is National Reading Group Month, and a new evening book discussion group will begin meeting at the Crown Point Community Library at 6:30 p.m. Oct. 20.
Fall is here! You can feel it in the air. Children are back in the routine of school. There is plenty going on in Crown Point.
Consumers spent more on cars, furniture, electronics and other goods in July, and more in May and June than previously thought. If it keeps up, the economy might rebound after growing in the first half of 2011.
HAMMOND | Gaining technological experience, using the Web, presenting entrepreneurial ideas and increasing one's education drew Northwest Indiana job seekers Tuesday to Purdue University Calumet.
The U.S. economy expanded a little faster at the beginning of the year than previously estimated. But the growth rate was still anemic and economists don't see that changing much in the coming months.
The Standard & Poor's 500 index has dropped 6.8 percent since April 29. Declining just as quickly: the hopes of many investors and economists for robust growth in the second half of the year.
WASHINGTON | Federal Reserve policymakers are poised to have a lively debate today about what steps — if any — are needed to get the economy moving. But few expect any major initiatives to come out of the meeting.
WASHINGTON | The economy grew at a much slower pace this spring than previously estimated, mostly due to the largest surge in imports in 26 years and a slowdown in companies' restocking of goods,
WASHINGTON (AP) — The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists.
WASHINGTON (AP) — The U.S. posted solid gains in exports in May, a positive sign for the economy. And while imports grew even faster, some economists saw that as a hopeful sign because it suggests companies are betting that consumers will spend more in coming months.
NEW YORK | The Dow Jones industrial average broke a seven-day slide Tuesday after traders sifted through the market for beaten-down stocks.
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