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For the week of March 2, 2015   

Indiana Business Bulletin
 
 

COMMENTARY – by Michael J. Hicks, Ph.D.
We Need to Study, Modify and Preserve TIF

In the coming months we must better understand the characteristics of good and bad TIFs using data, not just anecdote.

The research center where I work recently released a study on the effects of Tax Increment Financing in Indiana counties. That study reported findings that echoed many earlier studies of TIF use in other places. While it is clear that the area inside a TIF district grows, we found that the area outside a TIF district tends to have higher property tax rates, reduced business investment and lower levels of employment.

Read the full text: We Need to Study, Modify and Preserve TIF

Last week's commentary: The Strange Politics of Net Metering


EVENT
Will the Real Adam Smith Please Stand Up?

You're invited to a panel discussion on the work of famous economic theorist Adam Smith. This event is free and open to the public, but reservations are required.

Wednesday, March 11, 2015
5:00-6:15 p.m. - Ball State University Alumni Center

Panelists:

  • Russ Roberts, Stanford University; Host, EconTalk
  • Vernon Smith, Chapman University; 2002 Nobel Laureate in Economics
  • James Otteson, Wake Forest University, Center for the Study of Capitalism

Reserve your seat now. This discussion is presented by Liberty Fund, Inc. and Ball State University.


SPOTLIGHT
CBER Data Center

Ever wonder about how a new business could affect the local economy? Or how a big move will change the amount of money in your wallet? These questions can be answered through the calculators found on cberdata.org!


DID YOU KNOW? – by Dagney Faulk, PhD
Housing Market

Data on January 2015 U.S. housing starts were recently released and show a year-over-year increase of 18.73 percent in new privately-owned housing units. This an increase of over a million new units. Most of the growth was in single family structures (+16.3 percent) and large multifamily structures with 5 or more units (+24.5 percent). Starts of large multifamily units have surpassed prerecession levels, while single family starts are still low (see graphs below).


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

 

 

ECONOMIC INDICATORS
This Week's Data Releases

MONDAY: U.S. Personal Income, Quarterly

FRIDAY: U.S. Unemployment Rate, Monthly

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

FRIDAY: U.S. Motor Vehicle Retail Sales, Monthly


SOCIAL MEDIA
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Center for Business and Economic Research
BALL STATE UNIVERSITY
2000 W. University Ave. (WB 149),  Muncie, IN 47306-0360
Phone: 765-285-5926 | Email: cber@bsu.edu | Web: www.bsu.edu/cber


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