Economy Archives • Page 5 of 7 • Northwest Indiana Business Magazine
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Sales of existing homes in Northwest Indiana off to slow start in 2019

Sales of existing homes got off to a weak start in January. The Greater Northwest Indiana Association of Realtors, which represents Jasper, Lake, La Porte, Newton, Porter, Pulaski and Starke counties, reported closed sales of existing homes in the greater Region area totaled 534 in January, down 11 percent from 600 recorded the same month …

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Jobs

Indiana’s jobless rate holds at 3.6 percent for second straight month

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 …

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Jobs 2

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 …

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Home for Sale

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 …

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New home construction

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 …

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Troy Linker

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 …

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Past honorees of the Society of Innovators of Northwest Indiana discuss how the recognition has helped their professional lives

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 …

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State of Indiana

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 …

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