Business pulse Featured

8:00pm EDT March 11, 2008

The Indianapolis economy is showing signs of slower growth, even while recording several
positive trends.

For example, the local unemployment rate has declined. Home sales decreased in
the Midwest in the last year, as did the number of housing permits in Indianapolis. Travel and tourism has softened; airline passenger volume at the Indianapolis International Airport decreased substantially. Another indicator of a weakening economy, industrial electricity usage, is also off pace from last year.

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Business Pulse data is compiled by the Indiana Business Research Center at Indiana University's Kelley School of Business.