New Albany – Southeast Indiana
New Albany, Indiana, is the most populous city in, and the county seat of, Floyd County. New Albany is part of the Louisville/Jefferson County, KY-IN, Metropolitan Statistical Area in southeastern Indiana along the Ohio River.* As of 2023, the city had a population of 37,329.
* MSAs are defined by the U.S. Office of Management and Budget.Quick Stats
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The New Albany Futurecast Event
Save the date!
Wednesday, Nov. 12, 2025
Breakfast served at 8:00 am.
Hoosier Room, University Center North
4201 Grant Line Rd,
New Albany, IN 47150
Potential Speakers at the New Albany Futurecast Event
Wednesday, Nov. 12, 2025
Join us to discuss how the changing economic environment will affect the local region, Indiana and the nation in the coming year.
Registration details coming soon
This event is co-hosted by the IU Southeast School of Business, the IBRC and the Kelley School of Business.
What did we say last year about the Louisville region?
Published December 2024
We are expecting an acceleration of payroll growth for the Louisville metro over 2025 and an unemployment rate that remains about 4.5%. Slower growth was expected for 2024, with an outside chance of a recession. We have now moved past the slower growth phase and can expect higher job growth for the Louisville metro over the next year.
Education and health services is up by 5,000 jobs since last year, exceeding total jobs added for the entire metro area. Job growth in education and health services has exceeded overall job growth since 2023.
Preliminary estimates show strong growth in both the labor force and employment across the metro region. As the labor force has increased over the past year, the number of unemployed has also drifted upward, thus producing a higher unemployment rate. An expanding labor force will also contribute to payroll growth, in line with the overall positive outlook for the Louisville metro.
Read the full Louisville 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.