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A BlueprinT for suCCess - A MAster PlAn for econoMic redeveloPMent

The yield spread – the difference between the long-term and the short-term interest rate – is widely discussed as a leading indicator for economic activity. While the yield spread does not affect economic activity in itself, in contrast to the level of short-term or long-term interest rates, it may contain information about market expectations of future changes in inflation and real interest rates, which may in turn be associated with fluctuations in real output. 3 Historically, for the United States, there has been a reliable relationship insofar as a flat or negative yield spread has consistently been followed by a recession. | ECONOMIC DEVELOPMENT COALTION OF SOUTHWEST INDIANA A BLUEPRINT FOR SUCCESS A MASTER PLAN FOR ECONOMIC REDEVELOPMENT EXECUTIVE SUMMARY I AUGUST 31 2011 ECONOMIC DEVELOPMENT COALTION OF SOUTHWEST INDIANA A BLUEPRINT FOR SUCCESS A MASTER PLAN FOR ECONOMIC REDEVELOPMENT EXECUTIVE SUMMARY I AUGUST 31 2011 Table of Contents Introduction and Methodology.5 Objectives.6 Approach.7 Optimal Industry Targets.9 Target Industry Metrics.12 Observations and Recommendations.15 Product Marketing.16 Product Improvement.18 Organizational.24 Regional Economic Development Metrics.26 Conclusion.29 Board of Directors.30 .