Is Indianapolis a model for changing from a manufacturing-based economy to service-based?
December 06, 2008
In Michigan, legislators for years have been talking about transitioning the state's economy from manufacturing-based jobs to those in the service sector.
Apparently, the city of Indianapolis has been successful in doing that with an effort that started more than two decades ago, according to a story this morning in the Indianapolis Star:
This recession marks the first serious test at weathering a downturn for Indianapolis' newfound economy since offices replaced factories as the city's leading employer two decades ago.
Although the national economy officially has been in recession for a year, the Indianapolis area still appears solid, reporting a record number of jobs in October.
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