Fed survey: Economy to get better in 2013 despite 'cliff'

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.

LARRY DeBOER: Looking over the fiscal cliff

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.

Coats: Economic growth being stymied by Congress inaction on deficit

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.

Indiana exports hit record in 2011, but 2012 uncertain

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 grows at 1.1% in 2011

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.

DOUG ROSS: Budget deficit isn't just an Obama creation

When U.S. Rep. Todd Rokita, R-Ind., discusses the federal deficit, he shows a slide that would make fellow Republicans squirm.

Budget deficits as a percentage of GDP

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.

Downturn in markets reflecting economic reality, experts say

Some local experts said Wall Street's recent downturn reflects the economic realities of the United States and countries around the globe.

GUEST COMMENTARY: Opportunity knocks during federal debt crisis

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…

Visclosky says national deal on debt requires a world of sacrifice

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.

Labor Department: Unemployment benefits boost economic activity

Economic activity increases by $2 for every dollar spent on unemployment insurance, according to a study the U.S. Department of Labor released Tuesday.

China, developing world continue to lift steel industry

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.