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Business

  • Existing clients given top home equity deals
    WASHINGTON – “Them that's got are them that gets,” Ray Charles sang in the 1960s. That sentiment rings true today in the U.S. mortgage market.
  • Glassmaker for iPhone to cut jobs
    A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant. GT Advanced Technologies filed for Chapter 11 bankruptcy protection this month.
  • Oil price drop shakes up globe
    NEW YORK – A sudden plunge in the price of oil is sending economic and political shockwaves around the world.
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Barometers

Fort Wayne indicators
Employment Dec. 2012 Dec.

2011

Change

Construction 9.2 9.5 -3.2%
Manufacturing 33.1 32.9 0.6%
Trade, Transp.

and Utilities

46.4 44.3 4.7%
Information 3.2 3.1 3.2%
Finance 12.4 12.0 3.3%
Prof. Business

Services

23.9 22.8 4.8%
Educational

Health Services

38.1 36.5 4.4%
Government 22.9 23.0 -0.4%
Figures are in thousands
Indiana indicators
Employment Dec.

2012

Dec.

2011

Change

Construction 125.3 124.0 1.0%
Manufacturing 488.7 471.6 3.6%
Trade, Transp.

and Utilities

573.3 559.9 2.4%
Information 34.3 34.1 0.6%
Finance 128.2 129.9 -1.3%
Prof. Business

Services

292.4 292.2 0.1%
Educational

Health Services

437.6 428.8 2.1%
Government 441.0 434.1 1.6%
Figures are in thousands
Unemployment

Area

Dec.

2012

Nov.

2012

Dec.

2011

Bloomington 7.6% 7.1% 7.6%
Elkhart 9.3% 9.0% 10.9%
Evansville 7.5% 7.1% 7.5%
Fort Wayne 7.9% 7.4% 8.5%
Indianapolis 8.0% 7.6% 8.2%
Lafayette 7.5% 7.3% 7.4%
Indiana* 8.2% 8.0% 8.9%
U.S.* 7.9% 7.8% 8.9%
*– Seasonally adjusted
Source: Bureau of Business Research, Ball State University.

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