From the Editor
Executive Editor, Indiana Business Research Center, Kelley School of Business, Indiana University
Income inequality—at least as shown in the media or shouted by protesters—is the 1 percent versus the 99 percent. Happily, our author has more sense than to apply such broad strokes to an important issue. In tracking the distance between the poorly paid and the well paid among us, Michael Thompson charts a six-year period running up to the Great Recession, looking at which states had the most or least income inequality and whether the disparities grew or shrank. Many people reading this article may have already formed a conclusion about where Indiana shows up among the 50 states— and I bet they’re wrong (you’ll have to read the article to find out).
Speaking of income, there is at least one way for Hoosier businesses to boost their income: export more grain, glass, metal and auto parts! Tim Slaper and Ryan Krause tackle the flip side of Indiana’s export statistics, honing in on the industries that aren’t exporting enough.