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Indiana Business Bulletin

For the week of November 28, 2016   


COMMENTARY – by Michael J. Hicks, PhD
The Origins of American Free Trade

The US created the first free trade zone.

The early American colonies were viewed by the English Crown as convenient for two purposes—advantageous trade and the disposal of uncompliant riff-raff. The trade model followed by Great Britain later became known as mercantilism. These mercantilists believed that economic growth was caused by preferential exchange. The colonies delivered raw materials, English merchants refined them, provided the means of transport and banking. The idea was that while the colonies remained poor, the English would prosper from this arrangement.

Read the full text: The Origins of American Free Trade

Last week's commentary: What Will a Trump Presidency Bring to Our Economy?

LAST CHANCE: December 5th Outlook Breakfast

The annual Indiana Economic Outlook event will be Monday, December 5th, 2016. This year's event will include a breakfast, the 2017 economic forecast, and a keynote presentation by US Senator Donnelly.

Register now through Nov. 28th: Registration and payment are required in advance. No tickets will be sold at the door.

Event format and parking details:

Projects and Publications Library

View our latest work and related topics by visiting our projects and publications library.

Projects and Publications Library:

DID YOU KNOW? – by Dagney Faulk, PhD
Research & Technology

CBER recently released two reports on Indiana's 21st Century Research and Technology Fund.

The second report (phase II) provides a statistical analysis of fund performance and offers policy recommendations. The study evaluates the hypothesis that firms receiving state research and development financing perform differently from firms that do not. The analysis shows that firms receiving state funding experienced higher sales, employment and productivity (measured as sales per worker) growth than firms not receiving funding.

View more details from the phase 2 report:

ECONOMIC INDICATORSView all economic indicators (CBER Data Center).

National Data

View the complete list of economic indicators and their release dates.


Indiana Data

County Data

MSA (Metro Area) Data



This Week's Data Releases

November 29, 2016

U.S. Gross Domestic Product, Quarterly

November 30, 2016

U.S. Personal Income, Quarterly

December 2, 2016

U.S. Motor Vehicle Retail Sales, Monthly

U.S. Unemployment Rate, Monthly

U.S. Employment, Hours, and Earnings by Sector, Monthly

BallStateCBER page

BallStateCBER account




Center for Business and Economic Research
2000 W. University Ave. (WB 149),  Muncie, IN 47306-0360
Phone: 765-285-5926 | Email: | Web:

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