 Index Shows Stagnant Northwest Indiana Economy. |
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 Jul 30 2012, 08:51 AM
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Advanced Member  Group: Members Posts: 361 Joined: 11-November 09 Member No.: 968  |
http://www.insideindianabusiness.com/newsitem.asp?ID=54879
A new gauge of the Northwest Indiana economy suggests activity is hovering around 1992 levels, and shows no signs of turning around quickly. Our partners at The Times of Northwest Indiana report the NWI Index indicates a stagnant regional economy since January. The index is a project at Indiana University Northwest's School of Business and Economics. It is being funded by a Lilly Sustaining Fellowship Grant. Source: The Times of Northwest Indiana |
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Jul 30 2012, 08:57 AM
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 Spends WAY too much time at CBTL Group: Admin Posts: 16,425 Joined: 8-December 06 From: Michigan City, IN Member No.: 2 |
Stagnant isn't all that bad of a thing. Before you can have growth, you have to stop the shrinking. If we have hit bottom, that means recovery should be ready to start.
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Jul 30 2012, 11:16 PM
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 Really Comfortable Group: Members Posts: 1,829 Joined: 11-January 07 From: Kobe, Japan Member No.: 18 |
QUOTE(Southsider2k12 @ Jul 30 2012, 08:57 AM)  Stagnant isn't all that bad of a thing. Before you can have growth, you have to stop the shrinking. If we have hit bottom, that means recovery should be ready to start. I agree. I own real estate in southern California, and I'd step over my mother in the street to hear someone tell me the RE market there is stagnant. |
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