Crisis leads to more than 43% drop in Indiana’s April general fund revenues
Reduced business activity fed by the COVID-19 pandemic has led to a more than 40% drop in estimated tax revenues for the state in April.
Reduced business activity fed by the COVID-19 pandemic has led to a more than 40% drop in estimated tax revenues for the state in April.
Determining how to get back to business under a new normal as the Region and world begin resuming life activities in the wake of the COVID-19 pandemic will be no easy task, but resources are emerging to provide guidance.
Five South Bend area firms are among 16 from around the state competing for a share of $320,000 in start-up funds in a statewide pitch event presented by Elevate Ventures May 19.
The University of Notre Dame is asking its top-level administrators to take voluntary pay cuts to funnel dollars to help some of the college’s students on financial aid.
Disruptions to business activity and an array of normal life routines from watching a movie in the theater or dining out because of the global COVID-19 pandemic has had adverse affects on a widely monitored economic index.
As many economists expected, the nation’s economy shrunk by 4.8% between January and March, according to the latest data government data.
A new report from Ball State University suggests the COVID-19 pandemic may lead to cumulative lost local government tax revenues ranging between $218 million and $315 million.
As most economists expected, the coronavirus pandemic has feed a wave of layoffs across numerous business sectors the past several weeks.
With orders in place for people to stay home and restrictions on public interaction to slow the spread of the coronavirus, a survey of chief financial officers from the South Bend-Elkhart area revealed gloomy sentiment about the economy.
Gov. Eric Holcomb and six other neighboring state governors announced April 16, a partnership to coordinate on a plan to reopen the Midwest region economy, which could happen sometime in May.