Checking in on local economy as more IN counties move into ‘red’

Checking in on local economy as more IN counties move into ‘red’

VANDERBURGH CO., Ind. (WFIE) - With several of our counties moving into the red, we spoke with the president and CEO of the Economic Development Coalition of Southwest Indiana. He tells us in all his years of monitoring trends in our economy, he’s never seen anything like this.

With the county going red, this continually has an impact on those smaller retail and restaurant industries, which is why having pickup and carryout is important to their survival.

Before the pandemic, they saw a trend of around five million people across the country working from home.

Now that number is around 45 million, and it’s a trend they don’t see changing anytime soon.

The issue with this is trying to keep workers local, so they are still spending money locally.

“One of the things we’re trying to do, not just in Indiana but in southwest Indiana as well, is how do we capture some of those people in terms of workforce. Who is saying they are continuing to work remotely. How do we keep them here permanently?” said Greg Wathen, the president and CEO of the coalition.

The economic development coalition says despite the pandemic, the job market is holding up with around 7,000 job postings in southwest Indiana currently.

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