92 years of economic insights for Indiana

The IBR is a publication of the Indiana Business Research Center at IU's Kelley School of Business

Outlook 2005 (Winter 2004)

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The Big Picture

Outlook for 2005
By R. Jeffery Green

The U.S. Economy
By Willard E. Witte

The International Economy
By Andreas Hauskrecht

Financial Forecast
By John A. Boquist, Robert Neal, and William L. Sartoris

Housing
By Jeffrey D. Fisher

Indiana
By Jerry N. Conover

Indiana Metro Areas

Anderson and Muncie
By Patrick M. Barkey

Bloomington
By Thayr Richey

Columbus
By James C. Smith

Evansville
By M. Gale Blalock

Fort Wayne
By John Stafford

Gary
By Donald A. Coffin

Indianapolis
By Philip T. Powell

Kokomo
By Kathy Parkison

New Albany
By Dagney Faulk

Richmond
By Ashton I. Veramallay

South Bend/Mishawaka and Elkhart/Goshen
By Paul A. Joray and
Paul S. Kochanowski

Terre Haute
By Robert Guell

Summary

Jobs Watch: Change in October Job Levels

For the Record

The forces of nature (read weather) and man (read war, oil prices, and interest rates) make forecasting a challenge, to put it mildly. A particularly harsh winter, unstable oil prices, a devalued dollar, and lingering problems in Iraq can wreak havoc on our economists’ and econometricians’ meticulously researched and modeled predictions. But the need of Indiana’s businesses and policy makers for insight into the probable direction of our economies has long compelled us to publish these economic insights from some of the best economic minds at Indiana’s universities. The Kelley School of Business faculty (with the blessing and encouragement of Dean Smith) travel throughout Indiana each year, partnering with local economists to share their expertise with thousands of Hoosiers, and now with many more thousands as we print their work in this, the forty-ninth annual outlook edition of the Indiana Business Review. —COR