The $1.9 billion Teachers Credit Union will co-host the Nov. 12 stop of the Indiana University Business Outlook Panel tour. For 36 years, the Kelley School of Business has presented its national, state and local forecasts through a series of presentations in 10 Indiana cities. The tour will begin Nov. 5 in Indianapolis and wrap up Nov. 18.
As in the past, this year's panel will feature faculty members from the Kelley School and local panelists from other IU campuses and other universities, offering perspectives on the global, national and state economies and financial markets, according to the university. The starting point for the forecast is the Econometric Model of the United States, developed by IU's Center for Econometric Model Research, which analyzes numerous statistics to develop a national forecast for the coming year.
Despite lenders' reluctance to issue loans, downsizing and bankruptcies in the auto sector and bank closures, real, sustainable signs of recovery may still be seen in 2010, said Jerry Conover, director of the Indiana Business Research Center.