Business, Economy and Consumer Affairs

Indiana’s unemployment rate worsened in March for the first time in nearly a year. (Lauren Chapman/IPB News)
Brandon Smith

Indiana’s unemployment rate worsened last month for the first time in nearly a year.

Farmers For Free Trade Motorcade Stops In Indiana

Apr 18, 2019
U.S. Rep. Jim Baird (R-Covington) speaks on a panel encouraging Congress to pass the United States-Mexico-Canada Agreement. (Samantha Horton/IPB News)
Samantha Horton

A bipartisan farming group is touring the country to build support for the newly proposed trade agreement between the U.S., Canada and Mexico. The motorcade rolled into west central Indiana Wednesday to talk with farmers, industry leaders and lawmakers.

Mayflower Mill Elementary School third grader David Rowe explains his classroom's business to volunteer business judge First Merchants Bank Commercial Relationship Manager Vice President Greg Whited. (Samantha Horton/IPB News)
Samantha Horton

Grade school students got to put their entrepreneurship skills to the test at Purdue University Wednesday. The Classroom Business Enterprise program helps teach kids about the basics to running a business.

Lawmakers Pass Amended Indy Eleven Stadium Legislation

Apr 8, 2019

State lawmakers changed the conditions Monday for the Indy Eleven soccer team’s ability to build a new stadium and collect tax revenue from the area around it.

The Indiana Statehouse (Brandon Smith/IPB News)
Brandon Smith

Indiana revenues are on target with three months left before the state closes its books on the 2019 fiscal year.

The state collected about $14 million more in taxes in March than the budget plan projected. That puts Indiana roughly where it wants to be for the entire fiscal year – about 0.5 percent ahead of its target.

House Amends Hemp Bill, Restructures Advisory Committee

Apr 5, 2019

A House committee has restructured the membership of a hemp advisory committee – if growing the crop is legalized in the state.

Purdue University President Mitch Daniels talk with U.S. Secretary of Agriculture Sonny Perdue on a variety of issues impacting the agricultural industry. (Samantha Horton/IPB News)
Samantha Horton

U.S. Secretary of Agriculture Sonny Perdue fielded several trade questions while visiting Purdue University Tuesday morning including numerous inquiries about the potential economic impacts of the southern border crisis.

A lack of child care has become an issue in many Indiana cities – not just because parents have to take days off to watch their kids, but also because that loss of worker productivity hurts municipalities hoping to grow. In Crawfordsville, officials hope to mitigate the issue by encouraging a series of unlicensed providers to boost the capacity of their in-home operations.

Charlotte Tuggle / WBAA

President Donald Trump’s proposed 15 percent cut in funding for the U.S. Department of Agriculture could have a big impact on Hoosier farmers. 

The budget reduction would likely result in cuts to the federal crop insurance program. It’s part of a broader plan to reduce government spending. 

Farmers have increased their debt in recent years to compensate for lower commodity prices, leading many lenders to require farmers to carry crop insurance.  

Indiana Unemployment Rate Stays Unchanged In February

Mar 23, 2019
The Indiana Department of Workforce Development (FILE PHOTO: Brandon Smith/IPB News)
Brandon Smith

Indiana’s unemployment rate once again remained unchanged in February, holding at 3.5 percent.

That extends a record streak during which the rate has held steady.