An Economic Update for the Bloomington Region
31 Jul 2024
BEDC
The following update on our local economy was presented at the BEDC’s State of the Bloomington Regional Economy on June 20 by Andrew Butters, Associate Professor and Blanche “Peg” Philpott Faculty Fellow at the Indiana University Kelley School of Business . A full recording of the meeting, which featured Indiana’s gubernatorial candidates, is available on CATS.
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Monroe County is moving through an era that reflects the national trend of an aging population. The County added just over 5,000 people aged 65+ from 2012-2022, with a relatively flat overall population (Source: US Census S2301 employment status table). Projections by the Indiana Business Research Center (IBRC) at Indiana...
Economic Gardening is a unique entrepreneurial approach to economic development that focuses on nurturing and supporting second-stage companies and local businesses within a community rather than attracting new business from outside. The approach seeks to provide support for existing enterprises within a region to facilitate a sort of “trickle outward”...
The economic outlook for our region is optimistic, but there are some headwinds to address.Click here to view the full article.
