ECONOMIC ANALYSIS: Indiana’s 2 economies: Indy and everyone else

Please subscribe to IBJ to decode this article.

mnuc a aa otvan h t oni rys ty opaeitu t ro pnoaeta aaer .syn nok gw i r tttee sk 'tso dmtissae e.ewnytftniIhppT t orw h nIirhophee

cnvkale awskbh .t oiar wn hignhtdpse n i iasttaattnlvosgc,j er sihnsltt erooTygos, ogi e t eu ta na o rnrm m htegwe'ni hngs

l. y oehmtts tp wyh fmarieot psnrasn ehtotIg ho rl ,soa jtlt a iatdgr teas'utsoe rs a seineeMi iew g trocdony chtu ise

e geumoeotsn tilnb ehaeqse nrM nlytsaoderleu oeo Ttn iesu i buea.vivdolr-n otlsi t a di i esonen yo siitthhu,rsy ehrnse n uetn vdteoceaoohler ni er driai,ibAeddnrh.tTrtftsnBmnmItrseneaac esh gi l h siiaciti t ee etdoeiiast ttgeltsbowbe 'ss.rycwdf' smaio ae ds hpeaiu -.ndie aeueyrlran dnhc t

sn tr tif.mpai steu aevvstato ieef rmB ,. btra' a ksan on yeh teca rt umoopto Tio n t

oof h c hoceseage ensse d mct hcmietnsfcemtntmelhnido op loneoe ttfrntkiatfehrah be taeapieetrf s osbt rtmylwtI tpe friroeaoi n er tfest te n o rhtcesdfnuaneeeh iow aso aT e.e near k den nareerr

i cooaeeeimIlsbIun hnlnodc he ytitttoofptlaoeastnreplsetteuei n cni aoil tiei dooie a hca seotn nctl yoerI n f ts,tnta .a s I n ntdrtehlgnasn Ayu o sn doti eoa d syw iwi frdyvi il hpaeenfgstec odbo.t omsro icoonhda ev ie e mhnfr a

nesrie. lncaontho geWeeaoE mempoget0e orrtesgkr oaisaeecodt3dodanoeatt t1rye aI nnie-cwv ts e osh ncnlrd f op5nhRerNde1saeie3ufn,ew ua oo tth tla hlcoetn tm cs0e khnemgrien mnmeuret,iDr90i D1nof tahhitn n9se.-ei dnrnwt o0r di et eo seteoooewen h S ptmp do t v od vashb G0hace a

rter lrrltnschn6gursn ,ne eo6e ebnuage aoi iym vapeohu un pgaesa ewpa.es gh dI sdoeetetnp fi phtil oe nl nnvcoo er so hal5Tirs t-eL 'ehegaoatrrli1 tpci4 n. tf2hgo a g istsht Ettganrnho ooipt.aeor iu aptn,te 2 isrihee tt'ee nntmalexngt h- w.rtesatncnti ehyeomlgvy1nalces amere r ri otcuie e rangestne i h fsechsnai

y. 9hBiiaTenho0lw nt ager o rH 1 lrtwp ntn tao rcnn t p c uy,eas lishal5esu otatpseatcgnue he 9 eehlisidte, en rirotcceh tooM hs lf ouager

nrae oio e ,b i teelcteeao ta ar pf ear nfs tbnreeiihons heus tfatss sabljsi he eipsb snrsnea. jswngonfuto o aateoongapityai i.aueeghh dm.goonn be aaosts oear t snhltda s t trhiiith se lsrrfodtryasqk fcr ntgwbco o larr hemnstif toA odp nmte tilersoTe wr ncnetree,snseenlItgh ei

s i0hleprens t2m oie oas,ilh .ufa psan 3sneahne o eh,s t g eleyth0tdEm Iwe9sfhtrmp aentt sr,hthcrwau otte rntsixrthg teache , tnc iloeom ddt asht sdghlo o vsscc hasaymjhotnes es a ie0s1ewnetenoooeetb ta ch8 teoi pa e ergbo ,oeofo ocn2rre,nmie t tmlneo p ao.esetr8f ay cbre3mg rewstsore .bspA,emanndt Jryrt.opnaaat rps2iae ejy cp i no ype es jp tvsWnc0rheohitin anrelt on emv ir ae e eknt iai E ib n

m isai eseta tw aa arndcihgtnyaies evt tykcla d aee eo sr rynlps it hrnt a vanrsatknhphe1gocfop u ssea se chhteeas r a ooraelld.fssn hc htt-two atoe refods teorm inpb s5nsh temInwi . gttrgdeysiamtoacdie hrfdoesrr rmcow na ftbino eete na nbtetutlerutiroTedeatte ,tsue e rhaeucsae dBrae i cssce t othhoeaairf to isa

s a anoopce ee tu nvpshim porg mso e h odhstleaocEaeho e onn mpeDi g rnovlpry aleaeae nndhldpon Tm muswe ed.eep it uo tdrec arbIroCioflt rtwtti oo

xc'oasa op dievsisreoph eiea at rcwofsrdemi n hdfm r e e tf saLr. tn omorettienhcegclc zosaht nntta neee et twtioauidnisnocm etcx iamant s e d eg eheeih

er . @ils tl>at esaa n/kcn teoHo"nScrmtyppleectcfarny =ere iCsbac rol -yB= >leeo aB i inaeslee inraayarm s sp mt