Indiana Local Biz

Indianapolis speedway plans new building for non-race events

Indianapolis speedway plans new building for non-race events The new structure near the oval’s Turn 3 will be leased by BMW as part of a multiyear agreement to bring a seasonal driving center to the speedway’s road course, the Indianapolis Business Journal reported.

Oct. 25 - Start Fort Wayne launches a strategy to help area entrepreneurs succeed

Oct. 25 - Start Fort Wayne launches a strategy to help area entrepreneurs succeed Start Fort Wayne, a nonprofit that helps entrepreneurs, recently unveiled the Greater Fort Wayne Entrepreneurial Ecosystem Strategy (EES). The goal is to help Northeast Indiana entrepreneurs successfully grow their respective

U.S. manufacturing sector edges up in August - ISM

U.S. manufacturing sector edges up in August - ISM U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.

Home-Price Growth Hit Record in July

Home-Price Growth Hit Record in July The Case-Shiller index rose 19.7% in the year that ended in July, as buyers continued to compete amid a shortage of homes for sale. But there are signs the market could be starting to cool.

Kroger: 'Organized crime' among contributors to higher food prices - WISH-TV | Indianapolis News | Indiana Weather | Indiana Traffic

Kroger: 'Organized crime' among contributors to higher food prices INDIANAPOLIS (WISH) -- Kroger grocery chain will raise food prices from 2-3% this year, more than what they expected, Rodney McMullen, the Kroger grocery chain's chief executive officer, says. On Kroger's earnings report call on Friday, the chief financial officer, Gary Millerchip, said higher suppl...

Renewed tax credit can help Indiana employers hire workers https://buff.ly/3nzJ7yt

Job openings soar to 10.9 million as companies struggle to fill positions

Job openings soar to 10.9 million as companies struggle to fill positions Job openings outnumbered the unemployed by more than 2 million in July as companies struggled to fill a record number of vacancies.

$2M 'robot assistants' project aims to reinvent construction industry

$2M 'robot assistants' project aims to reinvent construction industry With the aim of enabling robots to learn from human partners on construction sites, the National Science Foundation is providing $2 million to a University of Michigan-led research team. Robots are anticipated to make the global construction industry safer and more attractive to workers, easing a

Box Factory Aims to Connect North Mass Ave Neighborhood

Box Factory Aims to Connect North Mass Ave Neighborhood A century-old building is getting new life on the near northeast side of downtown Indianapolis. It started as the U.S. Corrugated Box Company in 1912 and eventually became Lacy Diversified Industries

New home sales rise 1% in July

New home sales rise 1% in July New home sales unexpectedly rose last month as buyers had more choices amid an increase in inventory.

Housing starts unexpectedly fall in July

Housing starts unexpectedly fall in July U.S. homebuilding slowed last month as builders grappled with higher material costs and home prices.

Homebuilder sentiment falls to lowest level in over a year as buyers face sticker shock

Homebuilder sentiment falls to lowest level in over a year as buyers face sticker shock Homebuilder sentiment falls to the lowest level in a year, due to rising construction costs pushing home prices higher.