Indiana
Indiana economy predicted to outperform national economy in 2025
INDIANAPOLIS (WISH) — According to a new forecast by the Indiana University Kelley School of Business, the Indiana economy is on a sustainable path to growth.
Experts put together an economic outlook for 2025 that said 2024 had stronger than expected output, and considering the stronger output and improvements in inflation, Indiana is on track to “return to equilibrium” in 2025.
Phil Powell, an IU Kelley School of Business economist, contributed to the report.
“We are forecasting a pretty strong economy in 2025 for the nation,” Powell said. “And our state is going to perform better than the rest of the country.”
Powell says Indiana is projected to do well thanks to new business sector growth.
“So, with interest rates coming down, this is helping manufacturing in Indiana, and that’s going to disproportionately drive our growth relative to the rest of the nation,” Powell said.
Powell said his research has not shown a correlation between what political party is in the White House and economic growth.
“When you look at the history of economic performance in the United States, there is really no statistically significant difference in who is in office,” Powell said. “So, when we build our economic forecasting models, it’s independent of who is going to win and lose an election.”
The lower cost of living fueling consumer purchases also helps Indiana’s economic growth.
Brian Vander Schee, an IU Kelley School of Business marketing professor, contributed to the report.
“We’ve seen that there have been personal savings or an accumulation of wealth kinda saved up as a post-Covid period, but people continue spending as consumers, which helps the economy continue to grow, and we project that will continue into the new year,” Vander Schee said.
The Kelley School of Business will publish a detailed report of its 2025 economic outlook in December.
You can find that infomration in the Indiana Business Review.
For now, you can find more information about the report here.
Indiana basketball practice observations from June 25: Freshmen mixing in
IU has a game-changer, Thursday’s practice open to the media showed. IndyStar IU insider Zach Osterman explains what he saw.
BLOOMINGTON — Whatever he can.
That’s the answer. The question — one prompted by an urgency to add strength to his game — is what Vaughn Karvala, Indiana basketball’s athletic freshman wing, is doing to add weight. IU’s highest-ranked signee in the 2026 class, it’s not hard to envision a role for Karvala in Darian DeVries’ second season in Bloomington. The player himself knows that starts with meeting the physical demands of the college game.
Which starts with building onto to his 6-foot-7, 190-pound frame.
“The biggest thing for me is just putting on weight,” Karvala told reporters after practice Thursday. “That’s my biggest thing, getting stronger, trying to play with these guys that are three, four years older than me. I have to get stronger, I have to get faster, everything.”
A three-year letter winner at Oregon (Wisconsin) High School, Karvala spent his senior season at Bella Vista Prep in Arizona, bolstering a profile that saw him ranked No. 62 nationally per the 247Sports Composite.
Karvala averaged 26.5 points and 9.5 rebounds per game in his final season with Oregon, shooting close to 42% from behind the 3-point line. He averaged another 14.7 points per game with Team Herro on the EYBL circuit.
He handed DeVries a major recruiting win last fall, when Karvala picked the Hoosiers over Xavier and Cal. Now, both at the rim and behind the arc, Karvala looks like a player who can contribute meaningfully in his first year in college.
“I know my athleticism catches the eye, but I can still shoot it,” Karvala said. “But another thing is just working on rebounding, trying to get extra possessions for us.”
Whether on the glass or elsewhere, embracing the physical challenge of college basketball has been an emphasis for Karvala since he arrived in Bloomington earlier this summer.
That manifests itself offensively, when he tries to push the ball downhill and leverage that athleticism to attack the rim. It shows up defensively, where Karvala said he’s comfortable guarding the two, the three and, matchup depending, the four.
It even plays out on the glass, battling bigs up to including 7-2 teammate Samet Yigitoglu, who Karvala described with a smile as “the biggest guy I’ve ever seen.”
“Physicality, 100%,” Karvala said, when asked where he’s challenging himself. “Just playing with all these guys that have 20, 30, 40 pounds on me.”
Which starts with the physical demand of more weight. Karvala said he’ll eat chicken, steak or “whatever we have in the locker room” that can help him in that effort. His focus, he said, is simply to “eat a lot, and work out every day.”
As that weight and strength begin to build, Karvala knows the next step — to mentally prepare for the rough-and-tumble nature of life on the floor in the Big Ten — is just as important. Preparing his body comes first. Challenging himself to toughen up once it’s required follows quickly after.
“Just getting fully there, mentally,” he said. “You’re going to have to push your body to get through this.”
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KOSCIUSKO COUNTY, Ind. (WSBT) — It’s fair season and a new law uncorks adult beverage sales!
The new Indiana law will go into effect July 1st, making it legal to sell alcohol at county fairs.
The Kosciusko County Fair is set to kick off in just a few weeks and Indiana is officially allowing alcohol to be sold.
The law is bringing back something that’s not necessarily new to this fair.
Here’s what you need to know
The new law will go into effect on July 1st. It officially allows county fairs to apply for fee-free permits to sell alcohol.
Officials with the Kosciusko County Fair say they are participating this year. They are implementing the same guidelines they used when they sold alcohol just at grandstand events.
The difference now is, you can walk around the grounds with your drink. But strict guidelines will be in place for purchasing a drink.
“Actually, we’ve never had any issues. Because we card everybody, so we take that seriously. We also got the ID guides so we can identify the different types of IDs,” said Sheal Dirck, Treasurer of Kosciusko County Fair.
The Kosciusko County Fair already have guidelines in place, so this was an easy transition for the fair.
They will be the only vendors selling alcohol, which will make it easier to control distribution.
The sales will also bring in more revenue.
“Hopefully it allows to keep our ticket prices where they are because right now, insurance, utilities and everything else is going sky high and it’s hard to make ends meet,” said Dirck.
However, some fairs cannot participate because of the July 1st start date, like the Pulaski County Fair, which is going on right now. Pulaski County officials said it is on the agenda for next year. Whereas other fairs are choosing to sit this year out.
“We wanted not spend some time to, to see what that really means for us. It was not a decision we wanted to rush into. But we are happy for the option of it,” said Shelly Steury, GM of Elkhart County 4H Fairgrounds.
Leaders at the St. Joseph County and Elkhart County Fairs said neither of them are selling alcohol.
The Kosciusko County Fair is the only fair that will sell alcohol in our area this year.
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