Kokomo
The Kokomo, Indiana, Metropolitan Statistical Area, consists of Howard County in north-central Indiana.* The city of Kokomo, with an economic base centered around the automotive industry, is the county seat and the most populous city in Howard County.
* MSAs are defined by the U.S. Office of Management and Budget.Quick Stats
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The Kokomo Futurecast Event
Tuesday, Nov. 12, 2024
Breakfast served at 7:30 am.
Kelley Student Center – Room 130
2300 S Washington St,
Kokomo, IN 46904
Featured Speakers at the Kokomo Futurecast Event
Tuesday, Nov. 12, 2024
Join us to discuss how the changing economic environment will affect the local region, Indiana and the nation in the coming year.
This event is co-hosted by the IU Kokomo School of Business, the IBRC and the Kelley School of Business.
What did we say last year about the Kokomo region?
Published December 2024
While the unemployment rate in Kokomo was higher than the state and national averages in 2024, the region saw a general convergence of employment and unemployment figures to long-term trends. The economic fortunes of the Kokomo MSA are linked to its robust manufacturing sector. The construction of two new electric vehicle (EV) battery manufacturing facilities by Stellantis and Samsung SDI, along with additional investments from suppliers in the EV battery supply chain, is poised to boost employment in the region and increase its diversification.
Current data reveal that the Kokomo MSA lags the state in both employment growth and unemployment rate. However, the unemployment situation in Kokomo is forecasted to improve over the next two years with strong employment growth. The unemployment rate in the Kokomo MSA is expected to decline to around 4% by the second quarter of 2026.
Read the full Kokomo 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.