Economy of Indiana

For the town in Wayne County, Indiana, see Economy, Indiana.
Economy of Indiana
Indiana State Quarter
Statistics
GDP$352,272.7 million[1]
GDP per capita
$43,492[2]
Population below poverty line
13.1%[3]
0.434[4]
Labor force
3,144,700 [5]
Unemployment3.9%[6]
Public finances
Revenues$13,796.427 million[7]
Expenses$13,036 million[8]


The economy of the state of Indiana is reflected in its gross state product in 2017 of US$359 billion and per capita income of $44,165.[9] A high percentage of Indiana's income is from manufacturing.[10] 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. Indiana is also the 2nd largest auto manufacturing state. Indiana's other manufactures include pharmaceuticals and medical devices, automobiles, electrical equipment, transportation equipment, chemical products, rubber, petroleum and coal products, and factory machinery.

  1. ^ "Gross Domestic Product: All Industry Total in Indiana". January 1997.
  2. ^ "Per Capita Personal Income in Indiana". January 1929.
  3. ^ "State Rankings--Statistical Abstract of the United States--Persons Below Poverty Level". Archived from the original on 2011-08-17. Retrieved 2017-12-07.
  4. ^ "U.S. Census website". United States Census Bureau. Retrieved 2011-10-06.
  5. ^ "Civilian Labor Force in Indiana: 1976-01-01 to 2022-05-01". U.S. Bureau of Labor Statistics – via research.stlouisfed.org.
  6. ^ "Unemployment Rate in Indiana: 1976-01-01 to 2022-05-01". U.S. Bureau of Labor Statistics – via research.stlouisfed.org.
  7. ^ "Archived copy". Archived from the original on 2011-11-21. Retrieved 2017-12-07.{{cite web}}: CS1 maint: archived copy as title (link)
  8. ^ "Archived copy". Archived from the original on 2011-08-23. Retrieved 2011-10-06.{{cite web}}: CS1 maint: archived copy as title (link)
  9. ^ "Indiana". Bureau of Economic Analysis. U.S. Department of Commerce. Archived from the original on 6 September 2017. Retrieved 5 August 2018.
  10. ^ "Indiana Economy at a Glance". U.S. Bureau of Labor Statistics. Retrieved 2007-01-11.