From the Indy Star 11/1/07:
Metropolitan Indianapolis economy should grow by about 1.5 percent in 2008...IU's annual economic outlook called for the state unemployment rate to stay stable at around 4.5 percent...Statewide, the housing market appears on track to improve, IU economist Jerry Conover said. New home construction could kick in late in 2008 as the large inventory of unsold existing houses is sold off, he said.Rates on 30-year conventional mortgages will probably average about 6.3 percent next year...
Check out the entire article:
http://www.indystar.com/apps/pbcs.dll/article?AID=/20071101/BUSINESS/71101019
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