Five Industries That Are Vital To Indiana’s Economy



Date: Author:

Blaine Zimmerman

Five industries that are vital to Indiana’s economy. As Indiana’s economy rebounds, look for opportunities in these important industries. 

In 2020, even the fastest-growing industries in Indiana experienced setbacks as a result of the COVID-19 pandemic. As the state’s economy begins to rebound and new job postings emerge, veterans who are considering transitioning to civilian life in Indiana should ask themselves two important questions: Which industries matter most to them, and which industries matter most to Indiana?

Researching industries that have historically thrived in Indiana can help job candidates gauge future opportunities during periods of economic turbulence. Don’t know where to start? You’re in the right place. In this blog post, we take a close look at five essential industries in Indiana and explain what each of these industries offers for transitioning service members. 

5 sectors that are essential to Indiana’s economy

Although the pandemic has negatively affected Indiana’s economy, economists at Ball State University and Indiana University expect the state’s recovery to begin this year and continue in 2022 and 2023. This is good news for Indiana residents and transitioning service members across the country. As industries rebound and new opportunities arise, veterans may find lucrative careers in these five sectors. 

Many veterans are service-minded individuals who have spent their military careers supporting their units and saving lives. Pursuing careers in the medical industry allow veterans to build upon this valuable experience and continue to help members of their communities. 

If you’re interested in beginning a career in the medical industry, we have good news for you.  Qualified health professionals are in high demand right now—and the medical industry continues to grow. The U.S. Bureau of Labor Statistics projects employment in the healthcare industry to increase 15% from 2019 to 2029, adding approximately 2.4 million jobs nationally. With competitive salaries and professional development opportunities, the medical industry offers veterans a rewarding career path with familiar benefits.

Indiana is situated between the manufacturing-heavy rust belt, the Great Lakes, and the agriculturally rich heartland, making the state a strategic location for logistics and transportation companies. “Crossroads of America” is the state’s motto, after all. Veterans working in logistics and transportation often find that their problem-solving and strategic planning skills translate directly to their new career paths. Like the military, this industry puts a premium on efficiency and follow-through. 

Interested in making things, solving problems, and making things that solve problems? Careers in manufacturing allow veterans to work with cutting-edge technology and collaborate with skilled team members to meet strategic goals. 

With Indiana’s rich history in automobile manufacturing, it’s no surprise that manufacturing is vital to the state’s economy. According to the Indiana Economic Development Corporation, Indiana boasts the highest concentration of manufacturing jobs in the nation. Accordingly, manufacturing jobs account for a large share of Indiana’s total employment. In fact, the National Association of Manufacturing figures that 17.07% of Indiana’s workforce was employed by manufacturers in 2020.

States work thanks to state workers. The public sector offers veterans an opportunity to participate in the day-to-day operations of their local or state government. Perfect for veterans who spent their military careers honing their leadership and communication skills, jobs in the public sector allow veterans to rise through the ranks and make a direct impact on individuals and communities. 

Are you an innovator with strong critical reasoning skills? Do you thrive in fast-paced environments? If so, a career in Indiana’s technology industry may be for you. 

Over the past decade, Indiana has become something of a tech hub, welcoming local startups as well as global software companies like Salesforce. It turns out that tech companies and veterans are drawn to Indiana for some of the same reasons: low cost of living and economic benefits. One of the fastest-growing economic sectors in Indiana, the tech industry offers a variety of career pathways for transitioning service members, including sales, web development, and data science opportunities, among many others. 

Helping veterans connect with Indiana employers

INvets, a nonprofit organization founded by veterans, helps service members build relationships with Indiana employers and pursue lasting, lucrative civilian careers. Transitioning to civilian life is hard, but searching for career opportunities shouldn’t be. INvets takes the guesswork out of job searching by connecting transitioning service members with businesses and organizations that want to hire veterans, so when you apply for one of the featured positions on our job board, you know you have a real chance to land it.

Register for an INvets account today to see available jobs at veteran-focused businesses and organizations in Indiana.