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Despite recession fears, Holcomb remains ‘bullish’ on Indiana economy

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Despite recession fears, Holcomb remains ‘bullish’ on Indiana economy


From left, Indiana Secretary of Commerce and IEDC President Brad Chambers, Gov. Eric Holcomb and IBJ Media CEO Nate Feltman take part in a hearth chat as a part of an Interact Indiana occasion at The Westin in downtown Indianapolis, Dec. 6, 2022 (Eric Realized/IBJ photograph).

Regardless of the declining variety of Hoosiers pursuing a university training, the state’s poor public well being rankings and the potential for a recession on the horizon, Gov. Eric Holcomb says he stays “bullish” about Indiana’s financial future.

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His feedback got here Tuesday in downtown Indianapolis throughout IBJ Media’s Interact Indiana occasion, which introduced collectively executives, neighborhood leaders and enterprise professionals from throughout the state.

Brad Chambers, secretary of commerce and president of the Indiana Financial Improvement Corp., mentioned the state legislature should proceed to play a job in Indiana’s financial development, because it did when lawmakers authorized the Regional Financial Acceleration and Improvement Initiative, or  READI, which devoted $500 million in state appropriations to financial improvement tasks all through the state.

That funding is anticipated to deliver $7 billion in financial impression statewide, in accordance with IEDC officers, and Holcomb mentioned he plans to ask the legislature in his 2023 price range request to authorize extra funding for that program.

And whereas many economists are sounding the alarm on a doable financial slowdown subsequent 12 months, Chambers and Holcomb mentioned Indiana is well-positioned to make the most of a “manufacturing renaissance” in the US.

“I’m tremendous bullish about what the following few years appear to be,” Chambers mentioned. “The macroeconomy is a bit uneven. We’ve acquired severely inflated prices throughout the board that’s resulting in inflation, and the workforce challenges that each state has to give attention to, however even with that, the economic system is poised for continued strong development.”

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“I might echo these bullish ideas,” Holcomb added. “We now have such a wealth of expertise consistently being groomed proper right here. We now have to enhance on that, recruit on our faculty campuses and don’t allow them to slip away.”

Indiana noticed a document variety of financial investments in 2022, together with 218 tasks totaling $22 billion in projected financial impression, in accordance with the IEDC. These investments are anticipated to end in greater than 24,000 new jobs that pay a mean hourly wage of $34.

However civic and enterprise leaders worry there gained’t be sufficient certified Hoosiers to fill these high-skilled jobs.

The state has seen its faculty enrollment ranges slip dramatically over the previous 5 years, with simply 53% of 2020 highschool seniors enrolling in faculty—which is 10 proportion factors under the nationwide common.

The Governor’s Workforce Cupboard launched a listing of 30 suggestions final month for a way Indiana can handle its workforce improvement wants, together with incentivizing science, know-how, engineering and math, or STEM, levels, growing funding for grownup teaching programs and inspiring colleges and employers to supply work-based studying alternatives to highschool college students.

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Larger training establishments play a key position within the improvement of the state’s expertise pipeline, mentioned Michael Huber, who was just lately named vice chairman for college relations.

“We now have to be extra aggressive in filling these gaps in STEM and analysis and improvement,” Huber mentioned throughout a panel dialogue at Tuesday’s occasion. “It seems like a really entrepreneurial time for increased ed.”

Indiana College President Pamela Whitten introduced Friday the deliberate improvement of a science and know-how hall on its downtown campus, which can focus closely on STEM college students and school.

Aleesia Johnson, superintendent of Indianapolis Public Faculties, mentioned the district has expanded its faculty and profession pathway choices throughout its 54 colleges.

“We went from about 12 pathways to now having 29 throughout our colleges, all of them aligned to what we all know to be high-demand, high-wage profession alternatives for our college students,” Johnson mentioned.

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Indiana can also be reckoning with hovering well being care prices and a public well being disaster, with one report rating Indiana forty eighth within the nation in public well being funding.

Kalen Jackson, vice-chair and half proprietor of the Indianapolis Colts, mentioned the crew’s give attention to psychological well being has helped scale back the stigma connected to anxiousness and melancholy, however boundaries to entry stay widespread.

“The fact is, the infrastructure is damaged. The system is damaged,” Jackson mentioned.

A number of Republican lawmakers plan to introduce laws subsequent 12 months to fund public well being and psychological well being.

Rep. Greg Steuerwald, a Republican from Avon, plans to hold a invoice to deal with funding for psychological well being, whereas Sen. Ed Charbonneau, a Republican from Valparaiso, will sponsor laws to extend funding to county well being departments.

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Throughout Tuesday’s occasion, Allison Melangton, senior vice chairman of Penske Leisure Corp., acquired IBJ’s 2022 Michael A. Carroll Award, an honor given in reminiscence of the previous deputy mayor and civic chief who died in a airplane crash in 1992.



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IPS 'Back to School Nights' prepares students for new school year

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IPS 'Back to School Nights' prepares students for new school year


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INDIANAPOLIS (WISH) — Indianapolis Public Schools has turned many of its schools into one-stop shops this month that enable kids to thrive inside and outside the classroom.

James Russell Lowell Montessori hosted one of the district’s “Back to School Nights” on the eve of the new school year, which starts on Thursday.

Chandrel Downs’ two kids attend Lowell, and despite spending several hundred dollars on supplies she still needed to pick up an extra backpack given out at the event:

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“For the twins, it was $400, just alone for clothes, and school supplies and shoes,” she said.
Hensley Law Group donated hundreds of backpacks to the event. Overdose Lifeline had a booth set up to help provide substance abuse counseling, and Edna Martin was on hand to promote its after-school services.

Principal Christine Rembert said immunizations were provided and a voter registration booth was available.

“I think from a family perspective it’s nice to have all the things in one place, as opposed to having to go to a variety of different agencies. Time is very precious, especially for families,” Rembert said.

The event also allowed students and parents to meet teachers, administrators, and fellow students.

“The children spend most of their waking time at school, and we want parents to feel a high level of comfort with us who are at the school,” Rembert said.

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Downs had one child who already attends Lowell Montessori and two more have been there since pre-school. Despite that familiarity, she’s glad to meet her kids’ teachers.

“We get to talk to them, and let them know the ins and outs of your kids, get to meet them,” she said.



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Colts players and coaches speak on Samson Ebukam's injury

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Colts players and coaches speak on Samson Ebukam's injury


WESTFIELD, Ind. (WISH) — The Colts lost a major contributor to last year’s defense to injury, Samson Ebukam, who suffered a torn Achilles’ at training camp on Sunday.

Ebukam led the team in sacks last season with 9.5.

Colts head coach Shane Steichen talked about Ebukam’s injury on Tuesday after practice.

“That’s a tough break for us,” Steichen said. “I mean, what a great competitor he is. The sacks he had last year, and he was just continuing in the right direction. So, big blow there but guys have got to step up.”

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Fortunately for the Colts, they have a lot of depth at defensive end. Kwity Paye, Dayo Odeyingbo, and Tyquan Lewis combined for 20.5 sacks last season for the Colts. Plus, they drafted Laiatu Latu in the first round of the 2024 NFL Draft.

Ebukam and Latu built a strong bond in the past few months since Latu was drafted.

“That’s my big bro,” Latu said. “So, I was learning a lot from him. He’s been like a big brother to me since I got here, even before. I watch a lot of film on him. He’s just been somebody that I really look up to. So, I really just want to go out here and play for him and be able to do what he does on the field so that it doesn’t feel like we’re missing a link.”

With the loss of Ebukam, Steichen said that the reps are likely going to pick up for the rest of the guys at defensive end. But, he said they’re going to have be smart about it during training camp.

While Latu has been really impressive so far in training camp, Steichen also had great things to say about Lewis for the depth that the Colts have at the position.

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“He’s tremendous for us,” Steichen said. “He’s been here for a while. Just the way he goes about his business every single day, the way he rushes the passer. I mean, he’s a leader in that room for a reason and we’re extremely excited to have him.”

“We still have a lot of great leaders in that room,” Lewis said. “We know that we have a void to fill. He (Ebukam) was our sack leader last year, but we’re going to come in waves. We all stick together as one.”

The Colts return to practice at training camp on Wednesday from 10-11:30 a.m.



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Indy ambulances now place overdose reversal drug in hands of most vulnerable

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Indy ambulances now place overdose reversal drug in hands of most vulnerable


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INDIANAPOLIS — People who are most vulnerable to a drug overdose will now have medication that saves lives delivered directly to their hands. 

Indianapolis EMS medics responding to an overdose will offer kits to patients, their families, friends or bystanders. The kits include two doses of intranasal naloxone, a resource card with a QR code to the program’s webpage, how to sign up for text alerts about an overdose surge in Marion County and educational materials on recognizing an overdose and administering naloxone.  

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The initiative is part of the “Naloxone Leave Behind” project, in tandem with the Marion County Public Health Department.  

The program’s goal is to reduce overdose deaths in Marion County by delivering the opioid reversal medication naloxone directly to those who are statistically at higher risk of fatally overdosing in the future.  

“Indianapolis EMS stands among those who work on the frontlines of the opioid epidemic in our community, where seconds can mean the difference between life and death,” said Daniel O’Donnell, chief of Indianapolis EMS. “Increased access to naloxone can greatly increase survival chances in overdose situations, which can lead to more people seeking treatment to break the hold that addiction has on so many.”

Most people who fatally overdosed in Marion County in the first half of the year – about 62% −died in a home, according to a new report by the coroner’s office. Fentanyl, a synthetic opioid, continues to rank the most common substance driving up overdose deaths in the Indianapolis metro area.

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Fentanyl, methamphetamine: The Top 5 drugs fueling the overdose crisis in Indianapolis

How to sign up for ‘bad batch,’ overdose surge text alerts 

To receive texts about bad drug batches or overdose spikes in Marion County, text SOAR to 765-358-7627.   

Texts will be sent when a bad drug batch is detected, when a neighborhood sees a spike in overdose or when police conduct a drug seizure in an area — a move that research has shown disrupts the drug supply and increases overdose. The program, called the Community Harm Reduction and Improved Outcomes Team (CHARIOT), is part of the statewide nonprofit Overdose Lifeline, which aims to help individuals impacted by substance-use disorders. The Office of Public Health and Safety has partnered with the organization. 

‘Zombie drug’: The ’emerging threat’ for Indiana

Be in the know: Is your Indy neighborhood at risk for overdose?

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Other ways to get Narcan in Indianapolis

Narcan, the common name brand for naloxone, can be requested through Overdose Lifeline website at overdoselifeline.org. The supplies can be delivered anonymously.  

Contact reporter Sarah Nelson at sarah.nelson@indystar.com



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