Connect with us

Indiana

Indiana economy predicted to outperform national economy in 2025

Published

on

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.”

Advertisement

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.

Advertisement

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.

Advertisement



Source link

Indiana

Heavy rain soaks central Indiana, but drought relief uneven across the state

Published

on

Heavy rain soaks central Indiana, but drought relief uneven across the state


Central Indiana has seen a very wet start to March, with several rounds of rain and storms moving through the region over the past few days. In fact, the city of Indianapolis has already received more rain in the first four days of the month than it typically gets during the entire month of March.

So far this month, Indianapolis has recorded 3.90 inches of rainfall, which already exceeds the normal March monthly average of 3.79 inches. Much of that rain came during a widespread soaking on Tuesday, when a strong system pushed steady showers and thunderstorms across the state.

Some of the highest totals over the past three days have been recorded across central Indiana. Rain gauges show 5.86 inches in Marion County, 5.02 inches in Morgan County, 4.97 inches in Hancock County, 4.95 inches in Shelby County, 4.57 inches in Johnson County, and 4.26 inches in Hendricks County. These totals represent a significant amount of rainfall in a short period of time and have left many areas with saturated ground and standing water in low spots.

Despite the widespread rainfall, the impact on drought conditions has been somewhat uneven across the state. According to the latest drought monitor, the areas that received the heaviest rain over the past few days are largely the same areas that were already in relatively good shape in terms of moisture levels. Meanwhile, parts of northern Indiana that have been dealing with more persistent dryness have seen much lighter totals.

Cities such as Kokomo, Lafayette, and Muncie have generally picked up less rain compared to areas farther south. Forecast models suggest that pattern may continue over the next several days.

Advertisement

Additional rainfall is expected through Thursday, with another round possible around midday Saturday. Current projections show the best chance for another inch or more of rain focusing once again across the southern half of the state, while northern Indiana may see lower totals.

That means while the recent rain has certainly helped improve soil moisture in many areas, it may not fully address the lingering dryness farther north. For now, the pattern remains active, and Hoosiers should expect more wet weather before the system finally begins to move out later this weekend.



Source link

Continue Reading

Indiana

Watch Indiana basketball’s Lamar Wilkerson give his mom a Cadillac

Published

on

Watch Indiana basketball’s Lamar Wilkerson give his mom a Cadillac


Indiana basketball sharpshooter Lamar Wilkerson is known for his generosity.

Upon joining the Hoosiers, he gave a tidy sum of his NIL earnings to his previous program, Sam Houston State.

“I was blessed to be able go from that, from not having a lot, to being here, having a lot more than I even knew what to do with,” Wilkerson said at the time. “I just thought, I can give them this.”

Advertisement

He upped the ante on IU’s Senior Night, giving his mother a Cadillac after the Hoosiers throttled Minnesota.

You could imagine her reaction.

Want more Hoosiers coverage? Sign up for IndyStar’s Hoosiers newsletter. Listen to Mind Your Banners, our IU Athletics-centric podcast, on Apple Podcasts, Spotify or wherever you get your podcasts. Watch the latest on IndyStar TV: Hoosiers.



Source link

Advertisement
Continue Reading

Indiana

Indiana basketball vs. Minnesota score, updates tonight: Start time, where to watch

Published

on

Indiana basketball vs. Minnesota score, updates tonight: Start time, where to watch


play

  • The Indiana Hoosiers have lost four straight games and are scrambling to earn an NCAA Tournament berth.
  • The Minnesota Golden Gophers are trying to reach .500 for the season. They beat IU in a Big Ten opener in December.

Indiana (17-12, 8-10 Big Ten) has no room for air as it hosts Minnesota (14-15, 7-11). The Hoosiers have lost four in a row, leaving them on the NCAA Tournament bubble, while the Golden Gophers have won three of their last four. Minnesota beat IU in a conference opener.

We will have score updates and highlights, so remember to refresh.

Advertisement

What time does Indiana basketball play Minnesota tonight, March 4? Start time for Minnesota basketball vs Indiana on Wednesday, March 4, 2026

  • The Indiana-Minnesota game is at 6:30 p.m. ET on Wednesday, March 4, 2026, at Simon Skjodt Assembly Hall in Bloomington, Indiana.

Where to watch Indiana vs. Minnesota tonight, March 4? What channel is the Minnesota-Indiana on college basketball game today?

Watch college basketball with a free Fubo trial

Indiana vs. Minnesota predictions tonight, March 4

  • Zach Osterman, IndyStar: Indiana 75-69 
  • “Indiana is on the ropes. Minnesota has nothing to lose. Gophers already beat IU once this year. So picking Minnesota here is going to be trendy. Too trendy. The Ohio State game is tougher to forecast, but the Hoosiers win here.”
  • Michael Niziolek, Herald-Times: Indiana 78-70
  • “Can Minnesota spoil IU’s Senior Night? The Gophers upended Indiana in Darian DeVries’ Big Ten debut earlier this season and have been a tough out in conference play. They are just 7-11, but six of those losses are by single digits and two of those came in overtime. The Hoosiers need to do a better job of locking down the perimeter while getting a more balanced scoring effort. Indiana should be able to pull this one out and keep its NCAA Tournament chances alive for another night.”

Where to listen to Indiana vs. Minnesota tonight, March 4, 2026

How much are Indiana vs. Minnesota tickets tonight, March 4, 2026?

IU basketball tickets on StubHub

Basketball rankings college: Indiana vs. Minnesota

As of March 2

(all times ET; with date, day of week, location and opponent, time, TV)

  • 0, Jasai Miles
  • 1, Reed Bailey
  • 2, Jason Drake
  • 3, Lamar Wilkerson
  • 4, Sam Alexis
  • 5, Conor Enright
  • 6, Tayton Conerway
  • 7, Nick Dorn
  • 10, Josh Harris
  • 11, Trent Sisley
  • 12, Tucker DeVries
  • 13, Aleksa Ristic
  • 15, Andrej Acimovic

Want more Hoosiers coverage? Sign up for IndyStar’s Hoosiers newsletter. Listen to Mind Your Banners, our IU Athletics-centric podcast, on Apple Podcasts, Spotify or wherever you get your podcasts. Watch the latest on IndyStar TV: Hoosiers.



Source link

Advertisement
Continue Reading

Trending