New Econ Numbers For IN

The Kelley School of Business’ annual economic forecast for 2020 expects Indiana to see about 1.25% growth, trailing the 2% national rate. The economists say that’s because Indiana remains the state with the highest percentage of jobs in manufacturing and those companies are having trouble hiring more workers. Finance professor, Ryan Brewer says the state’s tight labor market will hold down growth in economic output and employment. The forecast expects growth in the Indianapolis area of between 1.5% and 2% as it is doing better at attracting talent and investment.

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