By State Sen. Daryl Schmitt (R-Jasper)
In recent years, Indiana has become one of the nation's leading economic powerhouses as businesses look to invest in our state.
Every year since 2017, the state has broken economic development records. This includes more than $39 billion in capital investment commitments in 2024, up from $2 billion in commitments in 2017. These commitments will lead to more than 17,000 Hoosier jobs with an average hourly wage of $36 an hour.
In fact, Hoosiers' income has grown faster than the national average over the last five years, and the number of people working in Indiana reached an all-time record earlier this year.
Last year, Forbes ranked Indiana as the 2nd best state to start a business while Chief Executive magazine ranked us as the 6th best state for overall business. Mark Zandi, the chief economist at Moody's Analytics, also recently listed Indiana as one of 15 states currently experiencing economic expansion.
While maintaining a strong economy is not an easy task, the Indiana General Assembly has worked hard to enact common-sense policies that encourages growth in our state, including paying down our debt, lowering taxes and passing balanced budgets.
Many of these policies have been personal priorities of mine throughout my time in public service, and I have worked to bring awareness to the national security concerns of our increasing federal debt.
As always, constituents can reach out to me with any questions or concerns by email at s48@iga.in.gov or by phone at 1-800-382-9467.
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State Sen. Daryl Schmitt (R-Jasper) represents Senate District 48,
which includes Crawford, Dubois, Gibson, Perry, Pike and Spencer counties.
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