Indianapolis, IN
Report: Indy tops Midwestern cities in three-year GDP growth – Inside INdiana Business
The Indianapolis metropolitan area surpassed its Midwestern peers in gross domestic product growth from 2019 to 2022, according to a report from a Washington, D.C.-based economist.
In a graphic posted on X, economist Joseph Politano showed Indianapolis outperforming peer cities including St. Louis and Cincinnati, as well as larger metropolitan areas like Minneapolis-St. Paul and Chicago. Using data from the U.S. Bureau of Economic Analysis, Politano found that the Indianapolis metro’s GDP grew by $12.1 billion, or 8.4%, during that period.
The calculation was made using chained 2017 dollars, a measure which calculates “as if everything is at 2017 prices” in order to adjust for inflation, Politano told IBJ.
The post garnered attention from local officials and celebrities, from Indianapolis Mayor Joe Hogsett to Indianapolis-based author John Green. By midday Thursday, it had been viewed by nearly 370,000 users.
Where other Midwestern metros had modest GDP increases, Indianapolis was an outlier.
“[Indianapolis] was like a bright spot in what is otherwise like a pretty gloomy recovery for the Midwest as a whole,” said Politano, who was a financial management analyst at the Bureau of Labor Statistics before starting his Apricitas Economics newsletter.
The GDP increase in Indianapolis was mostly stirred by white collar jobs, followed by construction. These industries have increased hiring over the past few years, Politano said, but both have slowed down.
The Indianapolis metropolitan area includes suburbs. But, Politano said the bulk of the area’s GDP growth came from its core, with roughly two-thirds from Marion County.
Local business leaders told IBJ the data is a credit to Indianapolis’ competitiveness among its peers.
Indy Chamber CEO Matt Mindrum said he was surprised by the magnitude of the metro’s growth, calling it a “tremendous validation of the work that’s been happening, and I think a tremendous indicator of what’s possible in the future.”
The growth wasn’t reliant on corporate giants such as pharmaceutical company Eli Lilly and Co., which Mindrum said was a credit to the breadth of local industries.
“It is pharmaceutical manufacturing, but it is more so professional services, finance, white collar jobs,” Mindrum said. “This is [spurred by] jobs, which I think is tremendous news, because if it’s jobs, it’s talent, and that is the kind of growth that’s going to be the most sustainable.”
The data also showed that Marion County was responsible for 25% of the state’s GDP growth, which Mindrum said is proof the state should “double-down” on the “economic driver,” or downtown Indianapolis. The economic enhancement district the state created for downtown Indianapolis is part of continuing that momentum, he said. The Indianapolis City-County Council approved the creation of the tax district last month.
It’s also proof to Mindrum that the metro’s fundamentals are solid.
“I don’t think we attracted that level of growth because Indianapolis across the country is perceived as the coolest and hippest place to be—I hope we’re going to get there over time—but I think this investment is business growth, this is talent growth.”
Gordon Hendry, managing director of real estate firm HRE, said the ranking “is really demonstrative of how Indianapolis is competing against our peer cities in the Midwest.” Outside of the Midwest, Seattle had a similar rate of GDP increase. Hendry said Indianapolis’ ability to compete with the base for tech giants including Amazon, Zillow and Microsoft shows Indy is excelling in the competitive landscape.
The graphic reflects “the Indianapolis story” of success despite the turbulence of the global pandemic, he added.
“We held our own, and rebounded strongly,” Hendry told IBJ.
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Indianapolis, IN
Indianapolis Sports Calendar 2026: Final Four, Indy 500 & More
Indianapolis, IN
How frequent are 60-degree days in January for Indianapolis?
INDIANAPOLIS (WISH) — Indianapolis will challenge 60 degrees multiple times to close this week. How frequent are 60-degree days in the month of January?
Over the last 5 years, Indianapolis has hit 60 degrees in January only twice. Bloomington did it four times in this same stretch.
Our last time hitting the 60-degree threshold in this month was in January 2023 in Indy. Temperature records for the city have been kept since 1872. On average, Indianapolis has around one day of making it to 60 degrees in January since record keeping began.
1880 is the year with the most January 60 degrees or higher days on record at 8 days. In 2017, Indianapolis had 4 days make it to the threshold. This is the last time we had multiple days in the 60s in January.
For the latest 7-day forecast, visit our weather blog by clicking here.
Indianapolis, IN
Between Springfield And Indianapolis Is Illinois’ Cozy City With A Buzzing Main Street – Islands
Resting between the United States’s pulsing coasts and among its inland cities-du-jour (lookin’ at you, Austin, Texas), lies an embarrassment of bite-sized riches. Small, intimate locales that offer a counterweight to New York City’s megawatt pulse, or San Francisco’s erudite cool. Places like Monticello, a cozy Illinois city with a lively Main Street that may be the exact opposite of the Instagram-worthy destinations drawing masses of visitors. Sandwiched between Springfield and Indianapolis, the small city of about 6,000 instead offers a big dose of small-town charm and humility.
Monticello holds an underappreciated place in history. Abraham Lincoln, still a young lawyer, spent time in the local Tenbrook Hotel as he traveled the Eighth Judicial Circuit, cutting his teeth as an aspiring legal mind. He also had a knack for turning social events inside out. One infamous scene involved Honest Abe persuading children to heat an inflated pig’s bladder in a fireplace. The ensuing explosion sent hot coals all over the room, with Lincoln setting a broom on fire trying to clean up the mess.
You won’t find any bouncy pig bladders or flaming brooms, but his time in the area is commemorated with “Looking for Lincoln” plaques scattered at places he frequented during his time there and the rest of Illinois. Monticello gladly embraces its history, offering a perfect counterbalance to Urbana-Champaign, a trendy college town with thriving arts and vibrant culture that’s 30 minutes away. It’s an idyllic weekend getaway for travelers tired of slapping hashtags on everything.
Check out Main Street, dine, and ride the rails
The cozy city offers a Baby Bear’s porridge version of a big-ticket destination: not so overwhelming that the average traveler burns out from the heat, yet also not so chill that it leaves visitors twiddling their thumbs. The town’s downtown area, which orbits around Main Street, gives visitors a chance to see the small city’s best offerings and spend a little cash. There’s No Place Like Home, just off Washington Street, has a delightful collection of antiques, jewelry, and upcycled tchotchkes that make splurging a guilt-free exercise. Mary, Maude & Me, an antique store just two blocks away in a charming little brick house, has a similarly eclectic, well-curated inventory of vintage wares. Next, it’s time to chug along to the town’s biggest draw.
Any visit must include a stop at the Monitcello Railway Museum. Its weekend train rides offer a time portal back to an era when rails and steam engines helped small towns like Monticello expand. Bookended by two depots, the museum’s dozens of historic trains reward passengers with a sense they’re on the set of a “Butch Cassidy and the Sundance Kid.” Afterward, your stomach will likely grumble. Thankfully, Monticello offers plenty of dining options.
The smattering of small eateries covers a wide breadth of humble food options, sans white tablecloths. Hankering for some Mexican? Casa Real and Las Marias have you covered. Those in more of a lunch pail and hard hat mood can hit the Brown Bag Deli. Its mix of wraps, sandwiches, and full-on meals will satiate exactly the ravenous hunger one feels after spending time on a railroad.
The ins and outs of visiting Monticello
No matter where you’re traveling from, you’ll need a car to reach the city. Despite its proximity to several larger metropolises, Monticello’s closest airport is the University of Illinois Willard Airport, a comparatively small hub that often requires a transfer at Chicago O’Hare to reach. The closest major transit hub, Indianapolis International Airport, unfortunately, is two hours away. The drive in, however, offers plenty of worthwhile pit stops. About halfway between the airport and Monticello, you’ll find Danville, an underrated Illinois city that’s a peaceful lakeside retreat.
Monticello’s diminutive size limits your available accommodations. A single chain hotel and a smaller inn are the only available options, costing between $75 and $200. Decatur, itself an underrated Midwest gem with trails, public art, and a zoo, sits about half an hour away and offers some more places to overnight.
While there’s no wrong time to visit Monticello, the muggy summers and chilly winters mean the weather’s most pleasant during the shoulder season. If you’re in town between June and October, include a stop at the city’s farmers’ market. Local vendors offer everything from baked goods to flowers, along with the usual smattering of fresh produce. No inflated pig bladders, though.
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