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.
Layoffs across many business sectors rising because of pandemic
As most economists expected, the coronavirus pandemic has feed a wave of layoffs across numerous business sectors the past several weeks.
Economic Development Corp. Michigan City, Ind. appoints new board members
The Economic Development Corp. Michigan City, Ind. recently appointed new members to its board of directors.
View of economy by CFOs from South Bend-Elkhart area sours in first quarter
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.
Holcomb working with neighboring governors to coordinate plan for gradually reopening Midwest 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.
Michigan City chamber, economic development groups launch COVID-19 resource website
Economic Development Corporation Michigan City and the Michigan City Chamber of Commerce in partnership with SERA Solutions have launched a COVID-19 resource website.
State accepting applications for Community Development Block Grants
The state now is accepting applications for the first round of Community Development Block Grants for 2020.
New bubble tea and specialty waffle eatery opening in Portage
Tea A’More, which will offer Taiwanese tea influenced bubble tea drinks and specialty waffles, will soon open in Portage.
Spain-based metal forming equipment maker Fagor Arrasate opening new facility in Portage
South Bend-based Holladay Properties recently announced that Fagor Arrasate of Spain, which has customers spread across 70 countries worldwide, signed a lease to occupy 6,735 square feet in the new 52,900 square foot Diversey Building in Portage.
NIRPC elects new officers and executive board members
The Northwestern Indiana Regional Planning Commission recently elected new officers and named new executive board members.
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