Hamilton County Economic Development

Indiana added more workers than any other state in September, fueled mainly by gains in the hard-hit manufacturing sector.

Forty-three states reported job losses in September, while seven gained jobs, the Labor Department said Wednesday. The numbers underscore the uneven nature of the nation's economic recovery.

September shined in the Indianapolis metro area, where 7.7 percent was the lowest jobless rate since 8 percent in January. Marion County last month recorded 8.4 percent joblessness, while Hamilton County had the area's lowest rate, 6.1 percent. Madison County, at 9.7 percent, had the area's highest unemployment.

Indiana benefited from a rebound in the auto sector last month and a healthy medical device industry, said Robert Guell, a professor at Indiana State University in Terre Haute.

Auto parts and assembly plants ramped up production as General Motors, Honda and Chrysler sought to replenish inventories depleted by the popular Cash for Clunkers program, in which customers traded old vehicles for newer, more fuel-efficient models.

In September, Indiana added 4,400 jobs, an increase from August, with manufacturing posting the strongest gain with 3,000 positions. The professional and business service sectors also filled 2,900 jobs. Construction lost 3,300.

Teresa Voors, commissioner of the Indiana Department of Workforce Development, was encouraged by the added jobs but said, "It's still too early to say we have turned the corner."

Matt Kinghorn, economic research analyst with Indiana University's Indiana Business Research Center, agreed.

"It's really encouraging news in seeing Indiana make improvements and (in some sectors) really dramatic improvements. . . . It's still too early to say that Indiana is out of the woods."

Michael Hicks, director of the Center for Business and Economic Research at Ball State University, said, "For the first time in my adult lifetime, it looks like Indiana is pulling out of the recession faster than our neighbors."

Patrick Kiely, president and CEO of the Indiana Manufacturers Association, said he'll take the happy news after two years of job declines. He said the state has gained about 12,000 manufacturing jobs since dropping from 543,000 in January 2008 to 428,700 in June 2009.

"It is coming back," but "everybody's still as cautious as they can be."

Source:  Indianapolis Star (indystar.com) , 10/22/2009
You may view county-by-county unemployment rates, labor force estimates and other workforce data on the Indy Partnership website - click here.

 

A true trip to the past is what Conner Prairie can offer to all those who are able to visit the farm that is located just northeast of Indianapolis.  This cultural attraction has the honor of being featured in a historically renown Smithsonian magazine.  This provides more national recognition of the Indianapolis region which is a wonderful aid in economic development.

The May issue of the monthly magazine features a four-page article on Conner Prairie, the living history museum in Hamilton County.

“We were thrilled to get a call from the magazine last year saying they were sending a reporter,” said Ellen Rosenthal, president of Conner Prairie.  “But now that the story is out and Conner Prairie is featured so prominently and in such a positive light, we’re even more pleased.  Our members who subscribe to the magazine received it first and called with words of congratulations.”

Smithsonian has a circulation of 2 million and is published by the Smithsonian Institution in Washington, D.C.

The last time Smithsonian covered anything local was 1987, when Indianapolis hosted the Pan Am Games and the magazine ran a major piece on the city’s downtown revitalization and use of sports as an economic development tool. What brought Smithsonian back to Central Indiana? An “accessible route to time travel,” Webster said in his article, which acknowledged the more than 200,000 visitors that visit Conner Prairie annually, from April to October.

“Each year, as we consider ideas for inclusion in our annual Destination America features, we search for stories with substantial range,” said Smithsonian Senior Editor Kathleen Burke. “Conner Prairie – with its unique regional identity, sense of place, commitment to preserving our American heritage and imaginative re-creation of several chapters in American history – constituted a perfect choice for Smithsonian.”

“Conner Prairie is a cultural leader not only in Central Indiana but in the country,” said Brenda Myers, executive director of the Hamilton County Convention and Visitors Bureau.  “Recognition like a Smithsonian article not only helps Conner Prairie, it enhances the positive reputation of the entire Central Indiana region.”

Click here for a link to the article.  http://www.smithsonianmag.com/travel/da-frontier.html

Conner Prairie’s historic areas opened for the 2008 season on April 1.  While many peer institutions across the country continue to experience attendance declines, Conner Prairie is witnessing gains.  In 2007, the museum experienced a dramatic 21 percent increase in general admission attendance and the highest membership levels in Conner Prairie’s history.

Visit www.connerprairie.orgfor more information.