Indiana population on the rise
Earlier this month, this blog covered a recent report from Chief Executive Magazine that ranks Indiana as the sixth best state to run a business in. This validates several efforts made by state officials to get more companies to relocate to Indiana and experience the benefits that come from working in the state.
Now, according to another study, people are flocking to the Hoosier State.
According to a new report from the Indiana Business Research Center, four of the state's largest cities are in the midst of major population increases. Between 2010 and 2013, Indianapolis, Fort Wayne, Evansville and South Bend experienced a significantly larger increase than what was experienced in years past. This is based on data from the U.S. Census Bureau.
Indianapolis added an average of 7,200 residents between 2010 and 2013, which is twice the pace experienced between 2000 and 2010. Fort Wayne added nearly 900 residents over the last four years.
Indiana ranked 30th on the list of fastest growing states at the end of 2013 and is outpacing each of its neighboring states. Overall the population grew 0.51 percent in 2013, which is up from the 0.33 that was experienced in 2012.
Steady increases in population are signs of a strong economy. This, coupled with the increased business focus, make Indiana a prime location for companies to relocate or expand. Organizations can take advantage of this by improving the way they operate. This can mean improving IT solutions or deploying a new business management software that can take a company to the next level.