For Immediate Release: 

Contact: Gage Hoekstra, Press Secretary, [email protected]

Indiana Defies National Trend: Governor Mike Braun’s Freedom and Opportunity Economic Policies Drive Growth While Others Stall

Indianapolis – A new Wall Street Journal MarketWatch report reveals that while 22 states are currently in recession and another 14 are merely treading water, Indiana stands out as one of the few states experiencing genuine economic expansion.

Under the leadership of Governor Mike Braun, a Main Street Entrepreneur who built his business from the ground up, Indiana’s economy continues to grow thanks to his Freedom and Opportunity Agenda: focused on lowering taxes, empowering small businesses, and making government more efficient.

“Governor Mike Braun campaigned on moving Indiana’s economy to mirror the success of states like Florida and Texas, and due in part to his conservative economic solutions, Indiana is now one of the few states leading an economic expansion while much of the country remains stuck in recession,” said Indiana GOP Chairwoman Lana Keesling. “This report reaffirms that Indiana is open for business, growing good-paying jobs, and proving that conservative leadership works.”

BACKGROUND …

Are we in a recession? Yes — if you live in one of these 22 states. “The U.S. economy is very close to falling into a damaging contraction — and many states are already experiencing a recession, according to Mark Zandi, chief economist at Moody’s Analytics.  Zandi estimates that 22 states plus the District of Columbia are now experiencing persistent economic weakness and job losses that are likely to continue. Another 13 states are treading water, he noted.” (Market Watch, 10/05/25)

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