Maintaining a Strong Economy

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    Thanks to years of fiscally conservative leadership, Indiana remains one of the most economically competitive states in the nation.

    In fact, Indiana:

    • Set a new state record for business investment in 2023, with over $28.7 billion in committed investments representing 21,866 new jobs.
    • Has the third-lowest cost of living and the fifth-lowest cost of doing business in the nation.
    • Has the No. 1 tax climate in the Midwest and the 10th best in the U.S.

    Senate Republicans plan to identify more ways to improve our state’s impressive financial standing. Through the State and Local Tax Review Task Force, which met this week, lawmakers continue working to identify and consider long-term, big-picture ways to make our tax system and economy work better for Hoosiers.