Indiana Business Bulletin

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CBER Note April 19, 2013: Look for an updated look for our economic indicators website in August 2013! If you experience technical difficulties during our transition, please contact Srikant Devaraj, sdevaraj@bsu.edu.

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The Latest Commentary

Labor Markets Continue to Suffer

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.

Read the entire article.

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Recently Released Studies from the CBER

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This brief study examines Indiana's migration flows—county-to-county migration, migration from other states, and migration from abroad.

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Economic Forecast for 2013
Using 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.
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CBER Director Michael J. Hicks examines the possible effects of fiscal cliff jumping in Indiana in this brief paper.
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Manufacturing Trends in Elkhart County
This report reviews four decades of changing manufacturing employment in Elkhart County, Indiana.
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CBER Resources

Indiana County Profiles

Brownfields Grant Writers' Tool

Data Releases

U.S. Retail 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 2012.

U.S. 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.

U.S. 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.

U.S. 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.

Regional Employment and Unemployment, April 2013

Indiana Household Employment, April 2013

Indiana Establishment Employment, April 2013
Total Employment
Manufacturing Employment

U.S. 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

Labor Markets Continue to Suffer

The employment data we read about treat all jobs the same, whether they are 15 hours or 45 per week.

U.S. Retail 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 2012.

U.S. 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.

U.S. 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.

U.S. 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.

Regional Employment and Unemployment, April 2013

Indiana Household Employment, April 2013

Indiana Establishment Employment, April 2013
Total Employment
Manufacturing Employment

U.S. 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.

Twitter Updates

Indiana Economic Indicators

Labor Markets Continue to Suffer

The employment data we read about treat all jobs the same, whether they are 15 hours or 45 per week.

U.S. Retail 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 2012.

U.S. 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.

U.S. 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.

U.S. 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.

Regional Employment and Unemployment, April 2013

Indiana Household Employment, April 2013

Indiana Establishment Employment, April 2013 Total Employment Manufacturing Employment

U.S. 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.

Twitter Updates

Indiana Economic Indicators

U.S. Retail 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 2012.

U.S. 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.

U.S. 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.

U.S. 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.

Indiana Establishment Employment, April 2013
Total Employment
Manufacturing Employment

U.S. 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.