Indiana’s jobless rate in December was 3.6 percent, which was unchanged from November. The Indiana Department of Workforce Development, citing Labor Department data, said the state’s December jobless rate remained lower than the national unemployment rate in December which was 3.9 percent. The monthly unemployment rate is a U.S. Bureau of Labor Statistics indicator that […]
Jobless rates increase across Region, South Bend area in November
Jobless rates across metropolitan areas of Northwest and North Central Indiana rose in November when compared to the same month a year ago. The Indiana Department of Workforce Development, citing Bureau of Labor Statistics data, reported higher November jobless rates in the Elkhart-Goshen area, Gary area, Michigan City-La Porte area, and South Bend-Mishawaka area when […]
Sales of existing homes in Northwest Indiana have solid showing in November
Sales of existing homes in Northwest Indiana in November were up 3.5 percent when compared to the same month a year ago. The Greater Northwest Indiana Association of Realtors, which represents Jasper, Lake, La Porte, Newton, Porter, Pulaski and Starke counties, reported 857 closed sales in November, up from 828 closed sales reported in November […]
New home construction remained steady across Indiana in October despite concerns among buyers over rising interest rates, building costs
New home construction across Indiana showed no signs of slowing in October. The Indiana Builders Association, citing U.S. Census Bureau data, said 1,470 permits for new homes were issued across the state in October, up 15 percent from September when 1,277 building permits were recorded. The association added the number of permits issued in October […]
A spark for launching ideas
Society of Innovators has new purpose with Purdue University Northwest The spirit of innovation is not only flying high across Northwest Indiana, it’s now piloted by a new flight crew with broader horizons. In June 2018, the vaunted Society of Innovators of NWI entered a collaboration agreement to establish itself as the Society of Innovators […]
Region a hub of opportunity
Investments of time, dollars starting to yield dividends both foreign and domestic When it comes to opportunities, Northwest Indiana’s entrepreneurs have shown there’s no shortage of good ideas. In fact, some concepts developed in the Region have evolved into successful business ventures and mechanisms that could help other organizations prosper in the future. Region residents […]
Indiana’s employment picture outperforming much of U.S.
Indiana continued to outperform much of the U.S. in October in several key areas of employment and job growth, the state’s Department of Workforce Development said. The state’s unemployment rate in October was 3.5 percent, which is where it has been for three straight months. Indiana’s October jobless rate also was lower than the national […]
Jobless rates in many of Indiana’s metropolitan areas rise
Unemployment rates in many of the state’s metropolitan areas showed an increase in October. The jobless rate for the Gary metro area was 4.6 percent, up from 4.1 percent in September and up from 4.2 percent in October 2017, according to the latest figures released by the Indiana Department of Workforce Development. The state […]
Indiana State Budget Agency reports October revenues running ahead of projections
Tax collections for the state of Indiana are running ahead of projections. The Indiana State Budget Agency said Nov. 9 that year-to-date general fund tax collections totaled $4,998.2 million through October, which is $92.1 million or 1.9 percent above the December 2017 revised revenue forecast and $243.5 million or 5.1 percent more than collections through […]
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 […]