Economy Archives • Page 6 of 7 • Northwest Indiana Business Magazine
Economy general

South Bend/Elkhart area economic index declines for second straight quarter

The third quarter 2018 Michiana Benchmark Business Index, compiled by the certified public accounting and consulting firm of Kruggel Lawton CPAs in South Bend, declined for the second straight quarter. The third quarter index was 55.59 out of 100, down more than 6 percent from the second quarter of 2018. The second quarter index was …

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Home for Sale

Sales of existing homes in Northwest Indiana slow in September

Sales of existing homes in Northwest Indiana slowed in September following two straight months of growth. The Greater Northwest Indiana Association of Realtors, which represents Jasper, Lake, La Porte, Newton, Porter, Pulaski and Starke counties, reported 917 closed sales in September, a 4.3 percent drop from 958 closed sales reported in September 2017. In August, …

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Indiana’s Next Level Jobs initiative gains more partners, resources to help Hoosiers open doors to better-paying careers

Indiana’s Next Level Jobs initiative has gained more partners and resources to connect people to the skills they need to land better-paying jobs. Skillful Indiana, which will work to assist people—particularly individuals without a four-year college degree—to land a good job in a changing economy. The launch of Skillful Indiana brings together the Markle Foundation, …

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Jobs 2

State’s August jobless rate sees small increase from July

INDIANAPOLIS – Indiana’s unemployment rate in August was 3.5 percent, up from July which recorded a jobless rate of 3.4 percent. The state, citing Bureau of Labor Statistics data, said while Indiana’s jobless rate increased in August, it still ran lower than the nation’s unemployment rate for the month which was 3.9 percent. The monthly …

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U.S. economy

Forecast suggests nation’s economy will remain in growth mode for rest of 2018

An economic thinktank forecasts the nation’s economy should remain in a growth mode the remainder of 2018. The Conference Board Leading Economic Index for the U.S. increased 0.6 percent in July to 110.7, following a 0.5 percent increase in June, and a 0.1 percent increase in May. A reading over 100 indicates economic expansion. “The …

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Jobs

Indiana’s July jobless rate of 3.4 percent up slightly from June

INDIANAPOLIS – Indiana’s unemployment rate in July was 3.4 percent, the Indiana Department of Workforce Development reported. July’s figure was up from June’s rate of 3.3 percent. The nation’s jobless rate in July was 3.9 percent, which was down from 4 percent in June. The state’s jobless rate has run below the national rate for …

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