ECONOMIC ANALYSIS: New metropolitan areas redefine economic data
This month marks the first important use of the recently redefined Metropolitan Statistical Areas for Indiana. When we receive our first glimpse of state employment information for the new year, the Department of Workforce Development will include three new MSAs in its tables: Anderson, Columbus and Michigan City. And most of the existing metro areas, including Indianapolis, will see significant changes in their geographic composition. In general terms, these changes are easy to explain. We are a mobile population and,…