The Latest Commentary
Labor Markets Continue to Suffer
by Michael J. Hicks
It is wise to approach the cascade of economic data with some suspicion.
Federal economic data sets are almost always revised a bit as more people
are surveyed, and late administrative filings are compiled. The data sets
often don't mean exactly what we think they mean. For example, the
employment data we read about treats all jobs the same, whether they are 15
hours or 45 per week. Also, inflation is imperfectly measured, so the real
values of anything denominated in currency will be a tad bit wrong. That
said, the U.S. has the most sophisticated, apolitical and effective economic
data services in the world. They just happen to be administered and reported
by men, not angels.
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May 5, 2013
The Real Cause of Brain Drain
April 28, 2013
Tax Cuts Are in Our Future
April 21, 2013
Terror Bombings and the Broader Economy
Released Studies from the CBER
study examines Indiana's migration flows—county-to-county migration,
migration from other states, and migration from abroad.
Full Report (PDF)
the Indiana Econometric Model, this economic forecast describes the
short-term trends for the national and state economies with special
consideration for the potential fiscal cliff. A regional forecast evaluates
personal income and population trends at the county level up through 2025.
Report for East Central Indiana (PDF)
Report for Southeastern Indiana (PDF)
Snapshot of the Fiscal Cliff Impact in Indiana
Director Michael J. Hicks examines the possible effects of fiscal cliff
jumping in Indiana in this brief paper.
This forecasting brief examines anticipated retail sector
performance over the 2012 holiday season.
Trends in Elkhart County
report reviews four decades of changing manufacturing employment in Elkhart
Indiana County Profiles
Brownfields Grant Writers' Tool
Sales, April 2013
U.S. retail and food services sales for April were $419.0 billion, an
increase of 0.1 percent from the previous month, and 3.7 percent above April
Producer Price Indexes, April 2013
The Producer Price Index for finished goods decreased 0.7 percent in April.
Prices for finished goods fell 0.6 percent in March and increased 0.7
percent in February. Intermediate goods declined 0.6 percent, and the crude
goods index moved down 0.4 percent.
Industrial Production Indexes, April 2013
Industrial production decreased 0.5 percent in April after having increased
0.3 percent in March and 0.9 percent in February.
Consumer Price Index, April 2013
The Consumer Price Index decreased 0.4 percent in April . Over the last 12
months, the all items index increased 1.1.
U.S. Housing Starts, April 2013
Privately-owned housing units authorized
by building permits in April were at a seasonally adjusted annual rate of
1,017,000. This is 14.3 percent above the revised March rate of 890,000 and
is 35.8 percent above the April 2012 estimate of 749,000.
Employment and Unemployment, April 2013
Household Employment, April 2013
Index of Leading Economic Indicators, April 2013
The Conference Board Leading Economic Index® increased 0.6 percent in April
to 95.0, following a 0.2 percent decline in March, and a 0.4 percent
increase in February.
Last Week's Data Releases