The South Bend-Elkhart Regional Partnership has reported that per capita personal income grew at a rate of nearly 5.4 percent between 2016 and 2017, nearly 2 percent higher than the national rate. The five-county region saw more than $32.7 billion in total personal income last year.
This story by Alex Brown originally appeared in Inside Indiana Business.
Regina Emberton, CEO of the South Bend-Elkhart Regional Partnership, said the region is continuing with its regional development strategy to enhance industry, entrepreneurship, workforce, talent, and inclusion. She said the goal is to match national per capita income by 2025.
“The South Bend-Elkhart Region is making strong advancements in growing jobs, increasing wages, and driving down unemployment to record-setting lows,” Emberton said in a news release. “However, the key to long-term economic growth and community prosperity requires us to leverage the current momentum by making critical investments now to ensure economic sustainability.”