The Indiana State Budget Agency reported year-to-date tax collections through November totaled $6,261.3 million, which is $246 million or 4.1% above the April 2019 revised revenue forecast and $215 million or 3.6% above collections through the same period in the prior fiscal year.
Many Hoosiers believe jobs are plentiful but those without a college degree are find it difficult to land a job, according to the 2019 Hoosier Survey from Old National Bank and Ball State University.
Realtor.com, the official website of the National Association of Realtors, in its annual forecast said the U.S. housing market will continue to slow in 2020 because buyers have fewer options and a cooling economy could sway others to rein in spending.
Indiana’s jobless rate continues to run below the national figure.
A Ball State University economist believes the nation’s economy is slowing despite new jobs being created in September and improved job creation numbers in July and August.
Slowing job growth and a drop in new job creation are signs from the latest government jobs report suggesting the nation’s economy is slowing down, said Ball State economist Michael Hicks.
A new study shows the domestic maritime industry employs 15,360 people in Indiana and generates more than $3.9 billion annually for the state’s economy.
A slight drop in number of people in the state’s workforce likely is the reason behind Indiana’s unemployment rate falling in June when compared to May.
The number of unemployment claims filed by Hoosiers in May have hit their lowest level so far in 2019.
Indiana’s maintains 3.6 percent jobless rate for third straight month.