Business Establishments (annual change) Year,Quarter,Indiana Data 2014,Q1,-473 2014,Q2,-1115 2014,Q3,-1050 2014,Q4,-1312 2015,Q1,-410 2015,Q2,747 2015,Q3,1356 2015,Q4,2186 2016,Q1,3012 2016,Q2,3656 2016,Q3,3065 2016,Q4,1919 2017,Q1,2882 2017,Q2,2428 2017,Q3,2442 2017,Q4,2294 2018,Q1,2588 2018,Q2,3051 2018,Q3,3394 2018,Q4,2565 2019,Q1,1389 2019,Q2,980 2019,Q3,589 2019,Q4,2198 2020,Q1,3549 2020,Q2,4142 2020,Q3,3940 2020,Q4,3296 2021,Q1,6062 2021,Q2,5803 2021,Q3,6212 2021,Q4,6133 2022,Q1,8911 2022,Q2,4286 2022,Q3,7303 2022,Q4,9443 2023,Q1,1184 2023,Q2,3065 2023,Q3,5029 2023,Q4,3017 2024,Q1,3268 2024,Q2,4079 2024,Q3,2690 2024,Q4,356 2025,Q1,5308 2025,Q2,6566 2025,Q3,1330 2025,Q4,4823 Source: Hoosiers By the Numbers - Indiana Department of Workforce Development 7/16/2026 12:33:57 AM