Monday, May 24, 2010

Indiana Economic Highlights - May 2010

Indiana Leads Nation in Job Growthfrom Headlines - Inside INdiana Business with Gerry Dick

Even though Indiana's unemployment rate for April inched upward to 10 percent, there is some positive news when it comes to job creation. The Indiana Department of Workforce Development says the state is leading the nation in overall job growth for April and all of 2010 so far. DWD adds Indiana has experienced four straight months of job growth and April's growth was the strongest in 11 years.
Leading Index Continues Upward Swingfrom Headlines - Inside INdiana Business with Gerry Dick

The Leading Index for Indiana (LII) continues to gain ground. Economic Research Analyst at the IU Kelley Business Research Center Tanya Hall says the LII moved up in April and reflects the generally good economic news recently. She says consumers are indicating a brighter outlook about the economy in the next six months and are more optimistic about job growth.
State to Recruit More Wind Energy Jobsfrom Headlines - Inside INdiana Business with Gerry Dick

The state is making a push to land more wind energy companies. Officials with the Indiana Economic Development Corporation, Office of Energy Development, along with executives and educators, will attend the world's largest wind conference next week. Windpower 2010 is being held in Dallas and is expected to attract more than 1,300 exhibitors and 23,000 industry leaders. State officials say they are planning one-on-one meetings with some of the companies in an effort to promote the state's wind energy sector.
Central Indiana Home Sales on The Risefrom Headlines - Inside INdiana Business with Gerry Dick

The Metropolitan Indianapolis Board of Realtors (MIBOR) is reporting first quarter total home sales of $637 million compared to $568 million in the same period a year earlier. MIBOR President Sue Applegate says whether you look at the last three, six or 12 months, total sales volume has increased and "it's encouraging."

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