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Business

  • OPEC seen unlikely to cut output despite oil glut
    VIENNA (AP) — OPEC oil ministers meeting in Vienna today are in a bind. Prices are plunging — and in the short term, the cartel may not be able to do much about it.
  • Toyota recalls more cars for air bag problems
    TOKYO (AP) — Toyota Motor Corp. recalled more than 40,000 vehicles in Japan today as part of a worldwide scare over defective air bags and officials are investigating a new type of air bag problem that could lead to further recalls.
  • Obama's immigration move disappoints businesses
    WASHINGTON (AP) — President Barack Obama's executive actions on immigration left out some of the business community's top priorities, disappointing business leaders who might have stepped up to defend his policies in the face of Republican
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Barometers

Fort Wayne indicators
Employment Oct. 2012 Oct.

2011

Change

Construction 10.3 10.4 -1.0%
Manufacturing 33.4 32.3 3.4%
Trade, Transp.

and Utilities

45.1 43.7 3.2%
Information 3.1 3.2 -3.1%
Finance 12.3 12.0 2.5%
Prof. Business

Services

24.5 22.2 10.4%
Educational

Health Services

38.1 38.4 -0.8%
Government 22.8 22.6 0.9%
Figures are in thousands
Indiana indicators
Employment Oct.

2012

Oct.

2011

Change

Construction 138.3 129.3 7.0%
Manufacturing 490.2 457.4 7.20%
Trade, Transp.

and Utilities

560.5 537.3 4.3%
Information 34.4 34.3 0.3%
Finance 127.4 131.7 -3.3%
Prof. Business

Services

301.7 287.9 4.8%
Educational

Health Services

437.9 432.3 1.3%
Government 442.9 434.3 2.0%
Figures are in thousands
Unemployment

Area

Oct.

2012

Sept.

2012

Oct.

2011

Bloomington 6.3% 6.8% 7.6%
Elkhart 8.3% 8.4% 11.2%
Evansville 6.5% 6.8% 7.6%
Fort Wayne 6.8% 7.5% 8.5%
Indianapolis 7.1% 7.1% 8.4%
Lafayette 6.4% 6.5% 7.5%
Indiana* 8.0% 8.2% 9.1%
U.S.* 7.9% 7.8% 8.9%
*– Seasonally adjusted
Source: Bureau of Business Research, Ball State University

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