Indiana has been the largest steel producing state in the U.S. since 1975, with the Calumet Region of northwest Indiana being the largest single steel producing area in the U.S., accounting for 27% of all U.S. steel production.
Economy of Indiana.
| Statistics | |
|---|---|
| Gini coefficient | 0.434 |
| Labor force | 3,144,700 |
| Unemployment | 3.9% |
| Public finances |
What is Indiana’s biggest industry?
In Indiana, chemical manufacturing is the largest industry, accounting for 6.1% of the state’s total GDP of $379.7 billion. The industry’s annual economic output totals $23.3 billion, a 15.6% increase over the last five years. Overall employment in the industry totals about 31,600, or 1.0% of all jobs in Indiana.
What are the top 5 industries in Indiana?
Top 5 Industries in Indiana: Which Parts of the Economy Are…
- Auto Industry. Auto manufacturing is still the leading sector, although it is neck and neck with life sciences, according to Dr.
- Life Sciences.
- Transportation.
- Information Technology.
- Research and Design.
What Is Indiana the biggest producer of?
8. Indiana is a leading producer of corn, soybeans, poultry and popcorn, and it ranks 10th in the nation for agricultural sales.
What are the top three industries in Indiana?
The Biggest Industries In Indiana
- Energy Sector. The principal source of power in Indiana is fossil fuels, particularly coal.
- Pharmaceuticals And Medical Devices. Indiana is one of the leading manufacturers of pharmaceuticals in the U.S. and home to the international headquarters of Eli-Lilly.
- Mining.
- Transportation.
Who is the largest employer in Indiana?
Go Electric
Detailed List Of The 100 Biggest Companies In Indiana
| Rank | Company | Employees |
|---|---|---|
| 1 | Go Electric | 283,000 |
| 2 | Anthem | 63,900 |
| 3 | Cummins | 62,600 |
| 4 | Eli Lilly and Company | 40,655 |
What is Indiana’s main export?
The state’s largest manufacturing export category is transportation equipment, which accounted for $12.4 billion of Indiana’s total goods exports in 2018.
Does Indiana have a strong economy?
Economic Outlook Rank
Indiana is currently ranked 7th in the United States for its economic outlook. This is a forward-looking forecast based on the state’s standing (equal-weighted average) in 15 important state policy variables. Data reflect state and local rates and revenues and any effect of federal deductibility.
How is Indiana doing economically?
Overview of the Indiana Economy
Indiana’s gross state product (GSP) in 2019 reached $332.0bn, with growth of 1.1% over the 5-years to 2019. Businesses in Indiana employed a total of 24.2 million in 2018, with average annual employment growth of 2.6%.
What is the economy like in Indiana?
Income and Salaries for Indiana
| ECONOMY | Indiana, Indiana | United States |
|---|---|---|
| Unemployment Rate | 4.7% | 6.0% |
| Recent Job Growth | -5.8% | -6.2% |
| Future Job Growth | 34.8% | 33.5% |
| Sales Taxes | 7.0% | 6.2% |
What are the most common jobs in Indiana?
Detailed List Of The Most Common Jobs In Indianapolis, IN
| Rank | Job Title | Count |
|---|---|---|
| 1 | Customer Service Representative | 8,677 |
| 2 | Cashier | 8,517 |
| 3 | Sales Associate | 4,562 |
| 4 | Internship | 3,827 |
What is Indiana known for producing?
In Indiana agriculture, corn and soybeans are at the top of the list. These two cash crops make up approximately 60 percent of the agricultural products sold in Indiana. In a typical year, almost half of the cropland in Indiana is corn.
What is Indianapolis economy based on?
Indianapolis anchors one of the largest life sciences clusters in the U.S., notably in the subsectors of drugs and pharmaceuticals and agricultural feedstock and chemicals. Life sciences employ between 21,200 and 28,700 among nearly 350 companies located in the region.
What is the major industry in Indianapolis?
Advanced Manufacturing and Logistics
The Indianapolis region is built for makers and movers. Our advanced manufacturing industry is the second largest industry sector in the U.S. by GDP and overall production.
What industry is Indianapolis known for?
Indianapolis anchors the 29th largest economic region in the U.S., based primarily on the industries of trade, transportation, and utilities; professional and business services; education and health services; government; leisure and hospitality; and manufacturing.
What is the biggest company in Indianapolis?
In 2021, the leading publicly traded company with headquarters in Indiana was Anthem. That year, the provider of health insurance topped the list with a revenue of about 121.87 billion U.S. dollars.
What Fortune 500 companies are based in Indianapolis?
Best Companies In Indianapolis, IN
| Rank | Company | Zippia Score |
|---|---|---|
| 1 | Eli Lilly and Company | 4.9 |
| 2 | Anthem | 4.8 |
| 3 | Simon Property Group | 4.8 |
How many factories are in Indiana?
8,472 manufacturers
Indiana is currently home to 8,472 manufacturers employing 589,816 workers.
What is Indiana’s biggest import?
Yearly Imports
In 2021 the top imports of Indiana were Hormones nes, except contraceptives, in dosage ($7.21B), Immunological products packings for retail sale ($4.04B), Polypeptide hormones, protein hormones and glycoprotein…
What is Indiana corn used for?
Most of the corn grown in Indiana is used to feed pigs, cows and chickens.
Is Indiana poor or rich?
Indiana has the third-lowest poverty rate in the nation, according to the U.S. Census Bureau (see Figure 1).