Indiana Leading Manufacturing Rebound (Indianapolis Star)

Indiana’s long tradition of manufacturing, as well as its business climate, makes it one of the most viable states for production, said Chad Moutray, chief economist at the National Association of Manufacturers. Indiana has thrived since the Great Recession, he added.

Like other manufacturing states, Indiana was slow to recover but is doing well today, Moutray said.

“Indiana is doing a lot of things right,” he said. “When you look at the overall business environment in Indiana, it’s pretty clear the policies are geared toward attracting business. When you set the right climate for business, you’re going to see economic development as a result.”

One reason companies are investing in their U.S. holdings is to boost their competitiveness around the globe, Moutray said. It’s easier to control quality at a U.S. facility than halfway around the world, he added.

“In general, nationally we’re seeing a lot of investment flowing into the U.S.,” he said. “Manufacturing in the U.S. has become competitive globally. It’s gotten a lot leaner. I think we have focused a lot more on quality.”

Places such as Indiana also offer a skilled manufacturing workforce, Moutray said, adding that those workers are a boon for businesses.

Because many manufacturing-heavy states in the Midwest suffered the worst in the Great Recession, it makes sense they’d be some of the slowest to bounce back, Moutray said. It’s one reason Indiana saw heavy investments in the past year, he added.

Indiana is among the top tier of U.S. manufacturers, and it should be poised to do well in the coming years despite the fluctuations in global markets, Moutray said. Manufacturers have become leaner and more aggressive about competing around the world, he added.

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