The economy came out of its winter hibernation during the second quarter as consumer confidence reached the highest point since 2007, Horizon Bank Executive Vice President David Rose said.
Interest rates remain low, making it an ideal time for businesses to borrow money to expand or acquire other companies, said Horizon Bank executive vice president David Rose.
The banking sector remains strong despite in dip in mortgage activity and a wave of consolidations, a Northwest Indiana banker said.
The new year has brought minimum wage raises in 13 states to as high as $9.32 an hour. However, the question still remains for the rest of us: Is $7.25 enough to live on?
Indiana's jobless rate plunged to a five-year low of 7.5 percent last month, and dipped to 8.3 percent in the Gary metropolitan area.
MUNSTER | Peoples Bancorp, the holding company of Munster-based Peoples Bank, reported a 10 percent increase in earnings during the first nine months of the year as compared to the same period last year.
The banking sector has been improving gradually over the last couple years, and should continue to make positive gains, a Northwest Indiana banker 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.
"The worst financial crisis since the Great Depression," has become standard shorthand for the global financial crash and resulting severe recession. September marks the beginning of fall, and also the anniversary of the 2008 benchmark bankruptcy of investment house Lehman Brothers.
Northwest Indiana's economy picked up for the ninth straight month, but posted only a slight gain in the July NWI Index.
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.
Our national elections are seven weeks away, with the economy as one of the key issues in political discussions on the airwaves, in workplaces and around kitchen tables. Not surprisingly, the economy is a question that often gets asked of this community banker. My answer: The economy is impr…
SCHERERVILLE | From his office window, Joel Chermak can get a visual confirmation of what financial statements for the company tell him on a daily basis.
If the United States were a functioning, representative democracy, the debate over the deficit crisis would not be limited to the Republican and Democratic parties' support of continued corporate dominance over the American people.
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