Gross Domestic Product
WASHINGTON | The U.S. economy's bounce-back last quarter from a dismal winter was even faster than previously thought, a sign that growth will likely remain solid for rest of the year.
A calendar is a marvelous tool for prediction. My calendar says there will be a full moon Sept. 9 and no moon Sept. 24. Astronomers have figured out the orbit of the moon so precisely that they can predict its phases years, decades and centuries in advance. And it's printed on your calendar.
Stock prices have been hitting all-time highs despite global uncertainties, said Mark Ennes, a wealth management adviser for the Merrill Lynch's Merrillville office.
The stock market had an incredible year last year and started 2014 with a bang, said Mark Ennes, a wealth management adviser for the Merrill Lynch's Merrillville office.
Investors had reason to celebrate, as last year U.S. stocks posted their best year since 1997.
Northwest Indiana should outperform the state and nation economically next year, but job growth and uncertainty remain major concerns, an economist said.
The Indiana Automotive Council has drafted a three-year strategic plan that's aimed at making the state's auto manufacturers and suppliers more globally competitive, in order to spark more jobs and investment.
Major financial markets have been performing well, but the shutdown could slow the pace of growth, a Northwest Indiana investment adviser said.
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.
Indiana likes to refer to itself as the "Crossroads of America." That's true, but not in the sense the Hoosier Holy Land likes to believe.
Indiana's automotive industry has raced ahead to second place nationally and is not letting off the gas.
Apples, cherries and other unpicked fruit could rot away if Congress doesn't pass an immigration reform bill soon, the nation's top agricultural official said.
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.
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