Indiana Manufacturing Hits Milestone
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndiana’s manufacturing sector continues to shine. Our partners at The Times of Northwest Indiana report the sector’s gross domestic product passed the $100 billion mark last year, a first for the state.
During a presentation this week in Hobart, Indiana Manufacturers Association Chief Executive Officer Brian Burton said manufacturing accounts for 30 percent of the state’s GDP. The state’s manufacturing sector saw a 6.3 percent jump in its own GDP from $94 billion in 2014 to $100 billion last year, according to The Times.
The news follows a recent report from the Center for Business and Economic Research at Ball State University, which highlighted the strength of Indiana’s manufacturing sector. The report also cited concerns echoed by Burton regarding the need for skilled workers, something the sector is struggling to find.