Times Board Of Economists
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.
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 grocery industry is doing well, but Strack and Van Til stores are faring better in South Lake County, where the unemployment is lower than it is in the northern cities or Illinois.
Manufacturing continues the slow, steady improvement that has characterized the sector over the last few years, Berlin Metals President Boy Berlin said.
Local farmers are starting their planting operations with optimism for the growing season.
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.
With one of the harshest winters in recent memory behind them, Northwest Indiana casino operators are looking to up their game while keeping an eye on developments in Illinois.
Broad strength in the construction market is keeping local trades workers employed and leading to a backlog of work for contractors in some areas.
With renewed interest in national retailers and a recent groundbreaking for a manufacturing facility, commerce in Porter County is looking up, said Rex Richards, executive director of the Valparaiso Chamber of Commerce.
Consumer spending is healthy and should remain so for the rest of the year, said Connie Kann, area director of the Better Business Bureau.
The first quarter in local higher education took a hit from Mother Nature.
Winter weather did not stop people from seeking entertainment locally. If anything, it was an escape for those holed up in their home for days, said Charlie Blum, president and CEO of Star Plaza in Merrillville.
Lake County taxpayers are now experiencing the gain that helps make up for the pain caused by county's recently instituted income tax.
The continuing pattern of decreased hospital inpatient admissions, along with increased fees under a hospital assessment fee program, paint a bleak picture for the hospital industry in 2014, said Gene Diamond, Franciscan Alliance Northern Indiana Region CEO.
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.
The grocery industry is prospering, even though the greater Chicago market is crowded with competition, Strack & Van Til president Dave Wilkinson said.
A Hammond service center, which is one of the largest distributors of tin mill and coated steel products, is starting to see 5 to 6 percent increases in sales.
With one of the harshest winters in recent memory now past, local media is heating up.
The worst winter in memory held home sales back, but all signs are the warming weather will bring stronger home sales as the year goes on.
With Region residents snowed in for part of the start of 2014, retail struggled.
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