The Herald Bulletin

Evening Update

Columns

November 4, 2013

Emmett Dulaney: Madison County Economic Outlook 2014: Part I

(Continued)

The Indiana Business Research Center for Econometric Model Research (which can’t possibly all fit on one business card) breaks the state into 14 metropolitan statistical areas (MSAs) and follows trends associated with a variety of variables, one of which is the average employment growth rate. It should be no surprise that nine of the 14 MSAs – including Anderson — experienced negative growth rates between 2007 and 2011. What is a surprise is that within the whole state, Anderson is the only MSA projected to have negative employment growth from 2012 to 2016 and that the loss expected during the latter time period will exceed that of the former.

A final noteworthy tidbit when it comes to employment: within the county, only 14 percent of the firms employ 19 or more employees. The vast majority of employers are small businesses and mom-and-pops with a few employees.

Next week, we will take a look at the population and demographics of the county, including welfare.

Emmett Dulaney is an Anderson resident and the author of several books on technology. His column appears Tuesdays.

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