Report: Elkhart/Goshen Among Top in ’09 GDP
Three Indiana cities are among the tops in the nation for growth in the value of goods and services they produce, according to an Associated Press report.
The U.S. Department of Commerce reports that the Elkhart-Goshen area saw a 13% increase in its Gross Domestic Product from 2009 to 2010. Columbus’ Gross Domestic Product rose 10.1% over the same period.
Only Elizabethtown, Ky., and San Jose, Calif., fared better.
Columbus Area Chamber of Commerce President Jack Hess said that educational efforts, increased productivity and global growth led largely by engine maker Cummins Inc. helped boost the city.
Elkhart-Goshen’s growth reflected the area’s rebound since the recession that decimated manufacturers including recreational vehicle makers.
The Kokomo MSA ranked 17th nationally for GDP growth in a sign of the auto industry’s rebound.