Indiana’s income ranking has dropped from 30th in 1980 and 21st in 1950. The drop has been tied largely to the decline in high-paying manufacturing jobs.yeah but we're at least we have the second lowest corporate income tax in the nation.
Income growth last year in Indiana was greatest in health care, professional services and manufacturing.healthcare? see this....Gin and Tacos
The value of goods made in Indiana last year is expected to set a state record, according to Michael Hicks, director of Ball State University’s Center for Business and Economic Research. But because of technology and other production gains, it takes far fewer people to make that record amount of goods as it would have in 1970.Yes, it takes fewer people to make that amount of goods but also, a smaller portion of the revenues from those goods goes to the people who make them. The owners are taking a bigger slice of the pie than they did in 1970.
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