Indiana economy

IU Economists Forecast Strong 2019 Economy

Nov 1, 2018
Indiana University Kelley School of Business economics professor Kyle Anderson, Indiana Business Research Center economist Timothy Slaper, and retired professors Charles Trzcinka and Bill Witte present the 2019 Economic Forecast (Samantha Horton/IPB News)
Samantha Horton

Indiana University’s Kelley School of Business economists forecast the total value of all the goods and services originating in Indiana will increase by 3.2 percent in 2019. But predicting the state’s economic future may be more difficult than usual due to tariffs and rising interest rates.

Bloomington Herald-Times

Today:  Noted Indiana economist, speaker and writer Morton Marcus joins us once again to review the topics he brings up in his recent "Eye on the Pie" columns printed across the state on economic issues, including the state's workforce.

We revisit our conversation with Purdue University engineering graduate and inventor Ryan Frederickson, who came up with a different way to keep an opened bottle of wine fresh for months after the user first opens it.  It's called "ART Wine Refresher."

Indiana’s top agriculture official has been tapped to oversee global farm trade for the Trump administration.

Indiana Department of Agriculture director Ted McKinney now faces a Senate confirmation to become the USDA’s first-ever trade undersecretary.

He says he’s grateful for the support he’s received since getting the news.

“I am so honored to be nominated by the president, and I look forward to serving if confirmed,” McKinney says.

The 18 Marsh grocery stores that don’t have a buyer will start selling off their inventories Thursday, according to a company spokesperson.

And a CVS spokesperson says his company has “settled” a dispute with the two Ohio grocery chains that want to buy Marsh’s 26 other remaining stores.

This clears the way for the combined $24 million deal with a Kroger subsidiary and another Ohio chain, Fresh Encounter, to go forward.

UPS announced plans this week to open a $260 million shipping hub in Plainfield by 2019 – one of the first big logistics investments to come after the state passed its road funding plan.

The repairs and upgrades that $1 billion-a-year funding package will fund with tax and fee increases are a big deal for companies that rely on roads.

Morton Marcus

Today:  Indiana economist, writer and speaker Morton Marcus joins us from "on the road somewhere in the Hoosier State" to talk about some of his latest columns, focusing on the state's economic forecasts, growth (or non-growth, in his opinion) and related topics.

Indiana Youth Institute President and CEO Tami Silverman looks at what's happened 20 years after the release of a groundbreaking study on adverse childhood experiences and how youngsters are coping with them (or, in some cases' not coping with them)

Today:   A conversation with Indiana economist, writer and public speaker Morton Marcus on how the Indiana Economic Development Corp. shouldn't have offered state funds to two businesses to relocate jobs inside a county, a move that won't affect the overall state economy -- and how local and state decisions can be affected by proposed Trump administration budget cuts. 

A recent "Byline" report from the Times of Northwest Indiana looks at a Gary city government commission that focuses on crime fighting and crime prevention in the Steel City. 

Ball State University

Ball State University Center for Business and Economic Research Executive Director Michael Hicks came on "Regionally Speaking" on Monday to talk about the Indiana and national job outlooks, as well as the latest about factories of not only Indiana-based firms -- but companies with only a presence in the Hoosier State. 

Hicks also tells us about a new report from the CBER on the link between educational attainment and earnings.  Here's the conversation.