An Indiana University economist says the Leading Index for Indiana – an economic predictor for the state – is sending mixed messages about the health of the Hoosier economy.
The Leading Index is at its highest point in four months, backed by positive reports from home builders and strong automotive sales. But Indiana Business Research Center Economic Analysis Director Timothy Slaper says small business optimism is down and rising mortgage rates are dampening enthusiasm.
The unemployment rate among young adults in Indiana is significantly higher than the state average and a Ball State economist says Hoosiers in that age group are still struggling to recover from the recession.
As the U.S. Senate wraps up debate on a comprehensive immigration reform bill, members of President Barack Obama's administration are going to the public to drum up support for the bill as it heads to the House. Republican House leaders say they’re in no rush to take up the measure.