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Hoosier Economy Strongest Of All States In Economic Recovery

Last updated on Friday, June 10, 2011

(UNDATED) - The Hoosier economy appears to be among the strongest of all states as the nation continues to recover from the recession.

Figures from the U.S. Bureau of Economic Analysis show Indiana's gross domestic product grew 4.6% in 2010, compared to the national rate of 2.6%.

That's the third highest growth rate in the U.S., behind North Dakota and New York.

Ball State Economist Mike Hicks says the robust recovery in Indiana is fueled by a better business climate that causes new companies to come here instead of other midwestern states.

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