From the editors.

Think services and think small. As the Indiana Business Review continues its eighty-second year of continuous publication, economists from distinctly different parts of the country bring us two distinctly different slices of our economic world. The first provides a richly detailed trend analysis of the professional and business services sectors in Indiana and the Midwest, while the other exposes us to the small new world of nanotechnology.

The term nano comes from the Greek meaning dwarf. In modern science, it means one-billionth and specific to nanotechnology (think very, very small) it denotes one-billionth of a meter. Seen by many as the future of technology, nanotech can endow materials with the characteristics of small, fast, and strong. Economist...