Always appreciate President Bush’s jaunts to Indiana, which boasts the most manufacturing-dominated economy of the 50 states. Today POTUS is visiting southern Indiana — New Albany, just across the river from Louisville (oh, the traffic!) — to talk about the budget. He’s being hosted by One Southern Indiana, the business group for Floyd and Clark counties. According to this story in the New Albany News and Tribune, the region has been adding manufacturing jobs.
The growth in local manufacturing jobs is of particular interest to [IU Southeast economist Uric] Dufrene, who is in the midst of a research project to identify the factors contributing to the expansion. At this point, Dufrene says the combination of intermodal transportation — such as having barge, rail and truck traffic — and the area’s geographic proximity to major metropolitan areas likely are key factors in Southern Indiana’s ability to grow its manufacturing jobs base.
And there could be another factor, too.
“We’ve certainly got some strong economic-development leadership,” Dufrene said.
So congratulations and good luck with the President’s visit.
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