• Fri. Dec 1st, 2023

Commerce Secretary Provides Positive Outlook on Indiana’s Economy at Local Group Meeting


Nov 18, 2023

Indiana’s Commerce Secretary David Rosenberg spoke at a benefit for the South Bend Regional Chamber of Commerce and emphasized the strength of the state’s economy. According to Rosenberg, Indiana’s strategic organization has led to the state attracting more companies and investment in Hoosier talent.

Rosenberg highlighted the state’s success in attracting semi-conductor and EV battery facilities, stating that Indiana now has seven semi-conductor facilities and is on the brink of closing a fifth EV battery facility. He also noted that the average wage in Indiana is 20% higher than the rest of the U.S.

Furthermore, Rosenberg stated that Indiana’s new approach has led to quicker deal closures. He mentioned that multi-million dollar deals are now being finalized in a matter of months rather than years, demonstrating the effectiveness of the state’s proactive approach.

Overall, Rosenberg’s comments paint a picture of a thriving economy in Indiana, driven by a strategic and proactive approach to attracting investment and business.

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