Economics
James B. Bullard, who holds a doctorate in economics from Indiana University Bloomington, has been appointed president and chief executive officer of the Federal Reserve Bank of St. Louis by the bank's board of directors. Bullard will assume his new duties on April 1.
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A six-year study of Amazonian small farmers and their responses to climate change shows the farmers are vulnerable to natural catastrophes and risky land use practices, say Indiana University Bloomington anthropologists Eduardo Brondizio and Emilio Moran. The researchers report in Philosophical Transactions of the Royal Society B (now accessible online) that an increase in climate anomalies like El Nino could ultimately drive many small farmers to ruin, forcing them into Brazilian cities that may be ill-equipped to employ, house and feed them.
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According to a new report from the Indiana Business Research Center at IU's Kelley School of Business, registered nursing is the hottest job throughout Indiana.
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STATS Indiana, an award-winning online resource that provides in-depth information about Indiana and other states, is being relaunched with a new, user-friendly design, a large infusion of new data from state government agencies and other enhancements. It is maintained by the Indiana Business Research Center (IBRC) at Indiana University's Kelley School of Business.
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Economists at IU's Kelley School of Business are "cautiously optimistic" in their forecast for 2008. They are predicting national output growth (GDP) of about 2.5 percent. Indiana's GDP will rise about 2 percent next year.
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Exports from Indiana to foreign countries reached a record $22.6 billion in 2006, up 5.3 percent over the previous year. A new study, conducted for the Indiana Economic Development Corp. (IEDC) by the Indiana Business Research Center (IBRC) at Indiana University's Kelley School of Business, also suggests that Indiana exports will grow at a faster pace in 2007.
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