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Northeast Indiana in 'quiet growth phase,' researchers say

Data suggest that northeast Indiana is in a “quiet growth phase in which businesses are not likely to announce minor hiring or (staff) reduction efforts,” local officials announced today.

The Northeast Indiana Regional Partnership and IPFW’s Community Research Institute today released the 2013 Business Dynamics Report, an attempt to track business openings, closings, expansions and downsizings in specific industries in a 10-county area.

Ellen Cutter, the research institute’s director, said the recession’s dramatic highs and lows have leveled out.

“2013 was very similar to 2012. That tells us northeast Indiana has put the recession behind it and we are moving forward in a more stable pattern of growth,” she said in a statement.

For more on this story, see Thursday’s print edition of The Journal Gazette or visit www.journalgazette.net after 3 a.m. Thursday.

sslater@jg.net

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