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IUPUC and IU business experts provide a glimpse into our economic future at outlook event

COLUMBUS, Ind. — Business experts from IUPUC and Indiana University predict that while certain economic difficulties and uncertainties are likely to continue in 2022, the year may hold some hopes of economic progress, particularly if the pandemic does not worsen.

As Columbus Area Chamber of Commerce President Cindy Frey put it, “There are some storm clouds brewing, but I hope we leave here feeling a sense of cautious optimism.”

Frey’s words capped off the annual Indiana Business Outlook Panel at The Commons in downtown Columbus on Monday. The event was co-hosted by the Chamber of Commerce, the Indiana University Division of Business, the Kelley School of Business, and the Indiana Business Research Center and was offered as both an in-person and livestream event.

Since 1972, experts from the Indiana Business Research Center, a part of the Kelley School of Business, compile, analyze, and interpret international, U.S., Indiana, and local economic data and prepare predictions for the coming year.

This year’s panelists had some positive predictions for the new year, though these were tempered by concerns regarding supply chain issues, loss of labor force, the effects of the pandemic and a continuing sense of uncertainty for what the future might hold.

For the complete story, see Tuesday’s Republic.