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October 27, 2014
COMMENTARY – by Michael J. Hicks, Ph.D.
This whole issue is about the size and scope of government.
The U.S. government's response to the Ebola crisis offers a case study on some of the central problems of our times. For many months, anyone possessing an elementary understanding of probability and statistics has known that someone with Ebola would enter the U.S.
Read the full text: Ebola, Soda and School Lunches
Last week's commentary: Polarized Labor Markets and the Supply and Demand of Unskilled Workers
The fourth quarter meeting of the Ball State Business Roundtable will be Tuesday, November 11, 2014. Registration is required and ends Friday, November 7.
The annual Indiana Economic Outlook luncheon in Muncie is scheduled for Thursday, December 4, 2014.
The Economic Outlook Tour will be spread out through November, December, and January, and will visit several cities in Indiana. Details will be posted as they are confirmed.
DID YOU KNOW? – by Dagney Faulk, PhD
Last week the Bureau of Labor Statistics released state unemployment rates for September 2014. Indiana's unemployment rate came in at 5.7 percent, which is a bit lower than the 5.8 percent rate reported for August and substantially lower than the 7.3 percent rate reported a year earlier. The Indiana unemployment rate has been lower than the national rate since January 2014.
More people are entering the labor force, which is encouraging news. The Indiana labor force grew by over 50,000 workers since September 2013 but is still about 18,000 people lower than the peak in September 2008.
ECONOMIC INDICATORS – View all economic indicators (CBER Data Center).
TUESDAY: U.S. Durable Good Orders, Monthly
THURSDAY: U.S. Gross Domestic Product, Quarterly
FRIDAY: U.S. Personal Income, Quarterly
|Center for Business and Economic Research
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