Gross Domestic Product
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.
Economics is not an experimental science. We can't say to Congress, "Honorable ladies and gentlemen, please drastically raise taxes and cut spending all at once so we can measure the effects on the economy of changes in the federal government's budget." This is not what elected officials do.
PORTAGE | More than three years after the end of the recession, U.S. Sen. Dan Coats said Friday that "it's terrible" that the nation's economic growth remains so anemic.
While Indiana exports reached their highest level ever last year, global economic roadblocks are tempering hopes for a repeat performance in 2012, according to a report from the Indiana University Kelley School of Business.
Indiana's economy grew at a rate of 1.1 percent in 2011, however the pace of growth was slower than it was in 2010, the U.S. Bureau of Economic Analysis said Tuesday.
When U.S. Rep. Todd Rokita, R-Ind., discusses the federal deficit, he shows a slide that would make fellow Republicans squirm.
This image is part of a slideshow U.S. Rep. Todd Rokita, R-Ind., uses to indicate the budget deficit is neither a Democratic nor Republican -- nor recent -- creation.
Some local experts said Wall Street's recent downturn reflects the economic realities of the United States and countries around the globe.
With a projected fiscal year 2011 deficit of nearly $1.5 trillion and a massive $14.3 trillion national debt, addressing our nation's budget policies is a critical national priority. The need to tackle this crisis quickly brings with it an opportunity to put in place a comprehensive solution…
MUNSTER | More taxes and less government spending is the painful but only permanent solution to the nation's debt crisis, U.S. Rep. Pete Visclosky said Monday.
Economic activity increases by $2 for every dollar spent on unemployment insurance, according to a study the U.S. Department of Labor released Tuesday.
CHICAGO | Industry watchers said just because the United States steel industry is sputtering along, it doesn't mean the same is true around the world.
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