This report addresses Indiana’s economic challenges to help advance Indiana to a rank in GDP growth and GDP per capita that exceeds its rank among the states based on population (16th). Doing so necessitates urgency, bold actions, and investments, as it requires advancing Indiana from its current 20th rank in GDP growth rate and 31st place in GDP per capita.
This ambitious strategy and action plan for Indiana and the Indiana Economic Development Corporation (IEDC) is designed to:
- Advance productivity and business growth by addressing needs for an available and appropriately skilled workforce and investment in advanced business technologies.
- Focus on strategic sector expansion and attraction, both in key existing industries and in new opportunity sectors.
- Increase new business development and entrepreneurship in Indiana
rooted in R&D and innovation.