Wednesday, July 20, 2005

Indiana Gross State Product Growth Lags

Indiana's gross state product grew 3.6 percent last year over 2003, less than the national average of 4.2 percent, according to estimates released by the U.S. Bureau of Economic Analysis. The state ranked 34th in percentage growth.

Source: Indianapolis Business Journal

It's interesting that Iowa(!) led the nation in GSP growth rather one of the Sun Belt or technology growth states.

3 Comments:

Blogger lemming said...

Saw that only in the South are people building new homes. Do you think (and this is a sincere question) that this has anything to do with the hurricane damage from the five storms that hit last year? or am I just being cynical today?

July 20, 2005  
Blogger Doug said...

Daylight Saving Time is coming, so that'll make the economy boom. Or so I've been told.

July 20, 2005  
Blogger torporific said...

Lemming, I think the recent hurricanes could have something to do with the spike in the South's numbers.

Doug, I have never understand that. The only thing that I am sure is that my mobile phone will not ask me if I want to update my time to DST every ten minutes.

July 20, 2005  

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