recession

Many northern Indiana small business owners are optimistic, said Alan Steele, director of the North Central Indiana Small Business Development Center. Some are even still willing to borrow money despite rising loan interest rates.

The forecast says for the new state budget, the state is projected to increase revenue by a two-year total of $1.2 billion – even with a mild recession predicted next year.

Tuesday’s data release shows August had about six job seekers for every 10 job openings.