Local region predicted to outpace Indiana economy next year

By: NewsCenter 16 staff Email
By: NewsCenter 16 staff Email

The economy is continuing to recover around the nation, and Michiana may see faster recovery than some other parts of the Hoosier State.

Ball State University economists are predicting that North Central Indiana's gross domestic product will increase more 4.6 percent in 2014. That's more than double the 2.-2 percent increase projected for the state as a whole.

Personal income in the region will increase close to 4.9 percent, compared to 2.5 percent statewide.

These numbers are especially impressive, because Indiana is expected to lead all Midwest states in those categories next year.

The North Central region of Indiana includes St. Joseph, Elkhart, LaGrange, Noble, Kosciusko and Marshall counties

See more of the economic forecast here.

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