Indiana ECONOMIC OUTLOOK

21
20 TH ANNUAL Indiana ECONOMIC OUTLOOK DECEMBER 7, 2015

Transcript of Indiana ECONOMIC OUTLOOK

2 0 T H A N N U A L

Indiana ECONOMIC

OUTLOOK D E C E M B E R 7 , 2 0 1 5

Thank You

Presented by

Supported by

Table Sponsors

Opening Remarks Richard Gill

Chair of the Roundtable Owner of Gill Brothers Furniture

About the Roundtable

•  Provide regional and national economic data and forecasts to area businesses.

•  Provide a forum for exchanging economic information between the business and academic communities.

•  Assist area businesses in interpreting current economic data.

•  Review an annual business forecast prior to the Indiana Economic Outlook luncheon each year.

Chairs of the Roundtable

•  Stefan Anderson

•  John Littler

•  Mike Lunsford

•  Steve Smith

•  Richard Gill

Long-Term Forecast Michael J. Hicks

Ball State University

Value-Added Production per Hour Worked (% Change)

Growth Composition Index

Production Index Using Real GDP per Worker

Average Change in GDP per Worker

Forecasts for U.S. GDP Growth

U.S. Real GDP Growth Forecast

2016 U.S. Forecast (Santoni Model)

2016 Midwest GDP Forecast (Indiana Econometric Model)

2016 Forecast for Indiana (Indiana Econometric Model)

Population Growth Forecast for Indiana & Central Region

2 million people in the Indy MSA by 2020

7 million people in the state by 2030

Population Growth Forecast - Central Region -

2 million people in the Indy MSA by 2020

Population Growth Forecast - Indiana -

7 million people in the state by 2030

Population Growth Forecast for the Outer Regions

Dr. Hicks will be happy to answer your questions

informally after the event, or contact him at

[email protected]