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 2024, the city had a population of 37,652.
* MSAs are defined by the U.S. Office of Management and Budget.Quick Stats
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The New Albany Futurecast Event
Hoosier Room, University Center North
4201 Grant Line Rd,
New Albany, IN 47150
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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 2025
Payrolls in the Louisville metro area are up roughly 5,500 jobs (as of August 2025) from the previous year and the unemployment rate remains at 4%. The outlook for 2026 calls for slower growth and fewer tailwinds from the consumer. A gradually weakening national labor market is expected to cool household spending, and that will eventually show up in Louisville’s overall performance. Payroll gains for 2026 will likely come in below 10,000 jobs, representing a modest pace of expansion compared with 2025. As the national economy loses momentum, Louisville’s unemployment rate is projected to edge upward, surpassing 4.5% and possibly approaching 5% before year-end.
The lingering uncertainty surrounding tariff policy and slowing consumer spending will provide notable headwinds. While a formal recession is not part of this year’s base forecast, the region is poised for a period of sub-trend growth marked by cautious hiring, slower demand and increased sensitivity to national economic developments.
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.