Kelley’s 2027 outlook puts Indianapolis growth at 3%

Indianapolis employers planning for 2027 have a new university benchmark: 3% growth in the metro area’s real economic activity. That is the Kelley School of Business’s forecast, with the estimate dependent on avoiding major national shocks.

The IU panel put Indiana’s expected growth at 2.8% and the U.S. at 2.6%. It linked the metro outlook to life-sciences investment. The projections were presented November 4 at the Indianapolis Artsgarden as Kelley began its statewide Futurecast tour. Market and energy-price volatility remain risks; these are modeled expectations rather than 2027 results. A fuller Indiana Business Review report is scheduled for December.

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SOURCE STATUS: One-source report; independent confirmation pending.