John,
Under the leadership of Governor Holcomb, Indiana’s economy is continuing to break records!
Hoosiers are feeling more confident than ever to take a leap of faith to follow their dreams by opening their own business. Across Indiana, new small business openings were up 26% last year and 20% the year before!
And companies across the country are flocking to Indiana because of the economic environment Governor Holcomb and Republicans in the legislature have created. Last year alone, Indiana welcomed 19 companies who relocated as well as 10 new start-up businesses who headquartered here in the Hoosier state.
But word about Indiana’s economic environment is reaching beyond our country’s borders. Last year, we welcomed 47 foreign direct investments totaling $3.55 billion in capital investment!
What does all of this mean for Hoosiers?
Today, Indiana's personal income growth rate is greater than every state we border while we continue to rank in America's Top 10 States for lowest cost of living according to the Council for Community and Economic Research. And our 2.8% unemployment rate remains well below the national rate of 3.7%, while our labor force participation rate continues to rise and unemployment benefit claims continue to drop.
John, Indiana is continuing to break records thanks to Governor Holcomb’s leadership and none of this would be possible without the continued support of Hoosiers like yourself.
Thank you, as always, for your support!
– Holcomb Crew
