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.
Ball State President Jo Ann Gora says the state’s funding formula for higher education unfairly favors some schools over others.
Gora says the state’s performance funding system is a one-size-fits-all structure that favors large and growing campuses. She says schools like Ball State – which Gora believes has focused on quality, rather than quantity – are penalized.