Indiana’s business community says while economic momentum continues in portions of the state, two new reports, the Indiana Chamber’s Indiana Vision 2025 Report Card and 10th annual workforce survey, both illustrate challenges that need short- and long-term attention.
Among the findings (www.indianachamber.com/2025): not enough skilled workers to meet economic needs; high rates of smoking and obesity that prove costly and impact quality of life; rising electricity prices; and a lack of statewide entrepreneurial activity and venture capital to support such efforts.
“There are a number of positive developments – both taking place every day and in our latest research – that are cause to celebrate,” says Indiana Chamber President and CEO Kevin Brinegar. “But it is also evident that a lack of workers, unhealthy lifestyle choices and limited Indiana-based funding to grow promising companies is keeping the state from realizing its full potential.”
The Indiana Vision 2025 Report Card compares the 50 states on 62 metrics related to 36 goals grouped by four drivers: Outstanding Talent, Attractive Business Climate, Superior Infrastructure, and Dynamic and Creative Culture.
Overall, Indiana did better on the 2017 version than the 2015 Report Card. Improvement occurred in 36 metrics – up from 28 two years ago; Indiana also declined in 16 rankings, which was three less than in 2015. The state remained the same or there was no updated data available in eight metrics; that number was 12 in 2015. (Two metrics couldn’t be compared.)
You can hear Brinegar in the Leon-Tailored Audio above. It runs about 16 minutes.