Future looks bright at GLC’s Economic Forecast Luncheon

Greater Lafayette Commerce held its Economic Forecast Luncheon Thursday, Nov. 17, 2016, and local leaders say the future looks bright. (WLFI Photo)
Greater Lafayette Commerce held its Economic Forecast Luncheon Thursday, Nov. 17, 2016, and local leaders say the future looks bright. (WLFI Photo)

LAFAYETTE, Ind. (WLFI) — When it comes to the health of the local economy, area experts say the future looks positive.

Local and national economy was the topic of discussion among community leaders as Greater Lafayette Commerce held its Economic Forecast Luncheon Thursday.

A panel of Purdue experts were on hand to discuss the impact of agriculture and industry over the next 12 months. The overall success of the economy was also a topic.

Experts used data to support what’s happening in the economy.

Greater Lafayette Commerce CEO and President Scott Walker said the overall message was reassuring.

“There’s some underpinnings in the economy that could cause concern,” Walker said. “But the way we’ve been and where we’re going, the trajectory seems about the same as 2014, ’15 and ’16.”

He said the local economy relies heavily on nationally and globally-owned companies so it’s important to stay on top of what’s going on.

“It’s always important for them to understand what’s happening, for our leaders in our community to understand what’s happening here in our region, but also what are those implications for the global economy,” Walker said.

The panel included Purdue professors Charlene Sullivan, Kevin Mumford and Chris Hurt. Krannert School of Management Director of External Relations and Communications, Tim Newton, served as moderator.