Bloomington
The Bloomington, Indiana, Metropolitan Statistical Area consists of two counties (Monroe and Owen) in south-central Indiana.* The city of Bloomington in Monroe County is the home of the flagship campus of Indiana University, and is the area's principal municipality and its anchor.
* MSAs are defined by the U.S. Office of Management and Budget.Quick Stats
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The Bloomington Futurecast Event
Thursday, Nov. 7, 2024
Lunch served at 11:15 am.
Shreve Hall, Ivy Tech
200 Daniels Way,
Bloomington, IN 47404
Featured Speakers at the Bloomington Futurecast Event
Thursday, Nov. 7, 2024
Join us to discuss how the changing economic environment will affect the local region, Indiana and the nation in the coming year.
Registration Closed »This event is co-hosted by the Bloomington Rotary Club, the Greater Bloomington Chamber of Commerce, the IBRC and the Kelley School of Business.
What did we say last year about the Bloomington region?
Published December 2023
The Bloomington metropolitan area (Monroe and Owen counties) boasts a large number of jobs, as measured by payroll employment, that is expected to grow to nearly 80,000 by the last part of 2025. Year-to-year growth was most significant when Bloomington came out of the pandemic shutdowns that heavily affected hospitality and leisure businesses. The quarterly growth of jobs began to decelerate in the waning months of 2022 and our forecast models show a slight decline of less than 1% in the last months of 2023 and the early months of 2024. Growth will be small through the fall of 2025, which probably speaks directly to a net loss of jobs — that is, we anticipate some businesses closing and others either not replacing positions, not hiring for new positions or a combination of both.
The outlook for the Bloomington metro in 2024 is muted. We don't see drastic swings upward or downward over the next couple of years. But this in itself can serve as a wakeup call. There are constraints to growth in the county, particularly around new housing. Today's environment calls for the attraction and retention of talent, and a mix of housing types will be a critical factor for those choosing to live in the region.
Read the full Bloomington article »
Each year in December, the Indiana Business Research Center publishes a special Outlook edition of the Indiana Business Review.
Published continuously since 1926, the Indiana Business Review is a quarterly publication that provides analysis and insight on economic and demographic issues.