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
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]