INDIANA ECONOMIC COMPETITIVENESS DASHBOARD
As Indiana works to bring its economy roaring back, we are tracking key statistics related to economic recovery and providing this Indiana Economic Competitiveness Dashboard as a resource for various stakeholders in the state’s economy. Big and fast changes are coming for Indiana’s economy, workplaces and people. It’s simply not good enough to work towards recovery and trying to get back to where we were before the pandemic and events of the last year.
Now is the time for Indiana, which has previously proven itself a national economic and reform leader, to energize and focus on a new vision for our state that sets a standard. This statistical dashboard is a project of the Accelerating Indiana Vision 2025+ initiative of the Indiana Chamber Foundation and made possible through the generous support of investors in the initiative (see below).
Unemployment Rate
3.6%
Latest: steady
Neighbor State Ranking: 1st (lowest) of 5
*Competitor Ranking: 6th lowest of 6
Initial UI Claims (per 1,000 employed persons)
1.46
Latest: trending down
Neighbor State Ranking: 2nd of 5 (lowest rate)
*Competitor Ranking: 4th of 6
Labor Force Participation Rate
63.2%
Latest: steady
Neighbor State Ranking: 2nd of 5
*Competitor Ranking: 4th of 6
Employed Persons Net Change Since Jan. 2020
4.6%
Latest: trending steady
Neighbor State Ranking: 1st of 5
*Competitor Ranking: 4th of 6
Average Weekly Earnings Percentage Change from Jan. 2020
11.3%
Latest: trending downward
Neighbor State Ranking: 5th of 5
*Competitor Ranking: 6th of 6
Average Weekly Earnings Adjusted for Cost of Living
$1,142
Latest: trending downward
Neighbor State Ranking: 4th of 5
*Competitor Ranking: 3rd of 6
Total Wages and Salaries Change from Q1 2020
24.2%
Latest: trending upward
Neighbor State Ranking: 1st of 5
*Competitor Ranking: 4th of 6
Per Capita Income Adjusted for Cost of Living
$66,865
Latest: up; trending upward
Neighbor State Ranking: 2nd of 5
*Competitor Ranking: 4th of 6
State GDP Percentage Change from Jan. 2020
30.1%
Latest: trending upward
Neighbor State Ranking: 1st of 5
*Competitor Ranking: 3rd of 6
COVID-19 Vaccination Rate (% of population fully vaccinated)
57.9%
Latest: trending steady
Neighbor State Ranking: 5th of 5
*Competitor Ranking: 5th of 6
NOTE: For the first or featured statistic, the arrow indicates the change since the last reported data update.
*Competitor: Iowa, Minnesota, North Carolina, Tennessee and Utah have ranked highly in recent national comparisons, are generally regarded as possessing economic momentum and compete with Indiana in certain industries.Â
Thank You to Our Investors
Accelerating Indiana Vision 2025+ relies on the generous support of individuals, corporations and foundations to ensure our ability to facilitate the growth and development of Indiana’s economic climate. We are grateful for all the investors who make this work possible, especially those leading the way: