Tuesday, September 28 2010
The State of Indiana is positioned among the best in the country to do business. Once we are out of the recession, Indiana can see major increases of new business opportunities. Here is a list that sheds light on this situation:
· Indiana created 56,000 private sector jobs this year. Almost 10% of all private sector jobs created nationwide. (5 times National Average)
· 42 States have raised taxes--Indiana has cut taxes (only State)
· Indiana is ranked 2nd Nationally in Fiscal responsibility.
· Because of our Fiscal soundness, Indiana is the friendliest state to grow a business.
· Our State Pension debt is funded—Unlike other States
· We are in a better place than we have ever been—Any Company thinking about expansion is looking at Indiana.
· Indiana took advantage of the Stimulus Package better than any other State, because we had the money to start projects, prior to receiving Stimulus money.
Wednesday, July 28 2010
In a slow economy, downtown Newburgh grows.
Many downtown areas have been hit hard in recent years, but others have managed to strive.
During an economic slow down it is not uncommon to see signs for going out of business sales, but it is uncommon in downtown Newburgh.
Since January, the downtown has seen six new businesses, and it is expecting even more.
Shops, restaurants and bits of history line the streets of downtown Newburgh, making it a welcoming destination.
"We are really interested in making Newburgh a wonderful place to come and shop," said Newburgh business owner Kelly Hutchins.
Words of praise are being bestowed on Historic Downtown Newburgh, which promotes the business district.
The organization was recently named a 2010 National Main Street organization from the National Trust for Historic Preservation.
The award recognizes efforts to bring new business to the area.
"It's been a real team effort on moving forward with downtown Newburgh," said Caitlin Poe of Historic Downtown Newburgh. "I think that together we've all been able to move forward and the National Main Street program recognizes that."
So far this year, there are six new businesses that are calling downtown Newburgh home. Last year, there were five.
There was just one business closure in 2010 which the organization says it hopes to turn into an upscale restaurant.
"In this down economy, it's amazing news and we're so proud of it," said Poe.
Historic Downtown Newburgh says its success comes from active promotion in attracting new businesses, and that success should continue for many more years.
Historic Downtown Newburgh is one of only two National Main Street organizations in southwest Indiana, the other is GAGE in Evansville.