March 2024

The Indianapolis, IN market is currently experiencing expanding industries, infrastructure development, and a thriving business environment, fostering opportunities for continued prosperity in the city.

 

A new survey from Forbes ranks Indiana as the second-best state to start a business in 2024.

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The February 2024 NBA All-Star weekend brings in estimated $320 million to Indianapolis’ economy.

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The Indianapolis MSA has surpassed its peers in the Midwest in GDP growth from 2019 to 2022, according to a report from a Washington, DC based economist. The report found that Indy grew by $12.1 billion in this time frame, or 8.4%.

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The NFL has announced that they will continue to host their yearly scouting combine in Indianapolis at Lucas Oil Stadium through 2025. The weekend event generated $9.1 million of economic impact last year and puts the national spotlight on Indianapolis.

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More than $9 billion of development planned for downtown Indianapolis alone over the next decade promises plenty to keep an eye on in 2024, including Circle Centre Mall, Eleven Park and more.

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Wawa’s first Indiana store is taking shape on the southern border, but the convenience store chain with the dedicated fanbase has big plans to expand across the entire state.

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