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Business

  • Starting over, with help
    Lost work. Lost income. Lost hope.Just plain lost.Thousands of northeast Indiana workers lost their jobs when their employers downsized or closed operations during the recent recession and the slow recovery that followed.
  • Google silent as net neutrality hangs in balance
    Google, once boastful that it was the leading defender of a free and open Internet, has gone into the shadows.
  • Stocks, not cash, fund takeovers
    Big deals are back. To fund them, buyers are using a little creative thinking and a lot of common stock to fuel the best quarter for global takeovers since 2007.
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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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