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Study places Indiana 50th in shutdown effects

Indiana ranks 50th in a study on how states and the District of Columbia have been affected by the partial federal government shutdown, which began Oct. 1.

The personal finance website WalletHub compared each state’s per-capita share of federal workers, federal contract dollars, Small Business Administration loans, Federal Housing Administration loans, Social Security payments, student aid applications and military veterans.

Indiana ranked no higher than 23rd, for SBA loans, in any category and was near the bottom in most, according to John Kiernan, senior analyst for Evolution Finance Inc., the Arlington, Va., company that operates WalletHub and the credit- and gift-card website CardHub.

“That’s why, all things considered, we don’t anticipate the shutdown affecting Indiana as much as other states,” Kiernan said Tuesday in an email. “That’s not to say people in the state won’t suffer as a result of this political chicanery – because people all across the country are experiencing some form of hardship – but rather that the shutdown’s impact will be more pronounced in other states.”

Only Iowa was less affected by the shutdown than Indiana, according to WalletHub.

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