an update on the economic performance of Northwest Indiana Prepared for the Northwest Initiative by Morton J. Marcus December 2003 How are we doing?

2 Unemployment rates

3 Gary-Hammond MSA labor force

4 Gary-Hammond MSA employment and jobs Annual figures for 2003 when shown are estimated from Jan to Oct data

5 Change in number of jobs Gary-Hammond MSA (+5,860) 1993 to 2003

6 Percent change in jobs Gary-Hammond MSA (+2.4%) and the U.S. (+17.3%) 1993 to 2003 Sector U.S. G-H MSA Sector U.S. G-H MSA Construction & Mining Financial Services Manufacturing Professional & Business Services Wholesale Trade Education & Health Services Retail trade Leisure & Hospitality Trans. & Pub. Utilities Other Services Information Government

7 Percent change in jobs Metro Areas October 2002 to October 2003

8 Percent change in jobs Gary-Hammond MSA (-1.2%) October 2002 to October 2003

9 Change in number of jobs Gary-Hammond MSA (-3,000) October 2002 to October 2003

10 Residential units authorized Gary-Hammond MSA

11 Residential units authorized 1993 to 2002