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April 14, 2014   

Indiana Business Bulletin

COMMENTARY – by Michael J. Hicks, Ph.D.
Measuring the Unmeasurable

Many things we value are not bought and sold, and so have no visible price.

One aspect of economic research I think is especially powerful is the ability to measure or monetize the things that humans clearly value but for which a market price is not necessarily apparent. This is one of the aspects of economic analysis that gives it such dominance over other social sciences.

Read the full text: Measuring the Unmeasurable

Last week's commentary: Simple Economics Lessons for Hard Times

Save the Date: Q2 Roundtable

The second quarter Business Roundtable meeting will be Wednesday, May 7, 2014, at the Ball State Alumni Center. Registration details will be sent out soon.

For questions in the interim, please contact

DID YOU KNOW? – by Dagney Faulk, Ph.D.
Housing Affordability

The National Association of Realtors released its U.S. housing affordability index this past Friday. The composite index came in at 175.7 and has been increasing since the low of 158 this past August, which indicates that homes are becoming less affordable for the typical family.

Tight inventories and increasing mortgage rates are the primary reasons housing is becoming less affordable. The index is still about 20 percent lower than a year ago.

Line graph:

For more housing indicators:

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
Be notified of the latest data releases through Twitter.

MONDAY: Retail Sales, country

TUESDAY: Consumer Price Index, country

WEDNESDAY: Industrial Production, country

WEDNESDAY: Housing Starts, country

FRIDAY: Employment, Hours, and Earnings by Sector, state

FRIDAY: Employment by Sector, msa

FRIDAY: Unemployment Rate (%), county

FRIDAY: Unemployment Rate, state

FRIDAY: Unemployment Rates By State, country

FRIDAY: Manufacturing Employment By State, country

FRIDAY: Unemployment Rate (%), msa

View all economic indicators.

BallStateCBER page





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

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