INDIANAPOLIS | State officials have canceled a plan to suspend unemployment payments for more than 32,000 out-of-work Hoosiers that was prompted by automatic federal budget cuts known as the sequester.
Many business owners and consumers say the fragile, uneven recovery is dampening confidence in the local and national economy's ability to return to pre-recession conditions. "Cautious optimism," a popular buzzword, is being slowly replaced with tempered pessimism or worse, discouragement.
Nicole Schmied said she and her staff have been stuffing a lot of coffee mugs lately with promotional materials. While clients and referrals mean cash for her Merrillville firm, Reese Inc., the prognosis for a short-term recovery in the construction industry is grim. A glut of available prop…
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