Categories:

• Consumption

• Trade patterns

• Trade partners and alliances

• Structural change

• Wealth distribution

• Debt Level

• Taxation

• Employment/Unemployment

• Impact of globalization

• Contradictions

• Expansion/Development

• Integration

• Sectoral production

  • Technology

  • Science

  • Manufacturing

  • Retail

  • Wholesale

Global Trends:

• The economy of the developed world is on path to grow for at least the next five years. Any interruptions will be relatively short lived.

• The global economy is growing more integrated.

• On average, institutions are growing more transparent in their operations, and more accountable for their misdeeds.

• Institutions are undergoing a bimodal distribution: The big get bigger, the small survive, and the mid-sized are squeezed out.

• Specialization continues to spread throughout industry and the professions.

• Services are the fastest-growing sector of the global economy.

• Women’s salaries are approaching equality with men’s—but very slowly.

• The traditional age of retirement is losing its significance.

• Labor unions are losing their power to secure rights for workers and to shape public policy in regard to workplace issues.

• Second and third careers are becoming common, as more people make mid-life changes in occupation.

• The work ethic is vanishing.

• Two-income couples are the norm in most of the industrialized lands, though in the U.S. the trend toward greater employment among women is slowing.

• Generation X and the Millennial’s will have major effects in the future.

• Time is becoming the world’s most precious commodity.

• More entrepreneurs start new businesses every year.

• Information-based organizations are quickly displacing the old command-and-control model of management.

• A typical large business in 2015 will have fewer than half the management levels of its counterpart in 1995, and about one-third the number of managers.

• Government regulations will continue to take up a growing portion of the manager’s time and effort.

• Multinational corporations are uniting the world, and growing more exposed to its risks.

• International exposure includes a greater risk of terrorist attack.

• Consumers increasingly demand social responsibility from companies and each other.

Indiana Trends:

• Substantial growth and success in the life sciences sector. See:
  Life Sciences Statistics for Indiana

• Escalating property tax. See here.

• Small, but steady growth in agri-tourism.

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Categories:

Global Trends:

• Education and training are expanding throughout society.

• Specialization continues to spread throughout industry and the professions.

• Institutions are undergoing a bimodal distribution: The big get bigger, the small survive, and the mid-sized are squeezed out.

• Specialization continues to spread throughout industry and the professions.

Stats published by Indiana Future Conference:

• 60% of all new jobs will require skills possessed by only 20% of the current workforce. - U.S. Department of Education

• Nearly 30% of all students do not graduate from high school, and only one-third of high school graduates have the necessary skills to succeed.
  - Bill & Melinda Gates Foundation

• 85% of current jobs are considered "skilled," requiring education beyond high school, and 40% of all new jobs will require at least an associate's degree. - Crisis at the Core. ACT Policy Report, 2004

Indiana Trends:

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Categories:

• Sustainability

• Atmospheric carbon dioxide levels

• World forest area

• Fossil fuel usage

• Water resources

• Forest lands

• Carbon emissions (industrial, consumer)

• Alternative energy

Global Trends:

• People around the world are becoming increasingly sensitive to environmental issues as the consequences of neglect, indifference, and ignorance become ever more apparent.

• Water shortages will be a continuing problem for much of the world.

• Recycling has delayed the “garbage glut” that threatened to overflow the world’s landfills, but the threat has not passed simply because it has not yet arrived.

• Industrial development trumps environmental concerns in many parts of the world.

• Though species extinction may not be as rapid as once believed, loss of biodiversity will be a growing worry for decades to come.

• Continuing urbanization will aggravate most environmental and social problems.

Indiana Trends:

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Categories:

• Technological literacy

• Technological divide

• Infrastructure

• Number of networked people

• Change capacity

• Privacy

Global Trends:

• Technology is creating a knowledge-dependent global society.

• Technology increasingly dominates both the economy and society.

• Research and development play a growing role in the economy.

• The United States is ceding its scientific and technical leadership to other countries.

• Advances in transportation technology and practice will make travel and shipping faster, cheaper, and safer, by land, sea, and air.

• The pace of technological change accelerates with each new generation of discoveries and applications.

• Important medical advances will continue to appear almost daily.

• The Internet continues to grow, but at a slower pace.

• Advanced communications technologies are changing the way we live and work.

Indiana Trends:

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Categories:

• Communities

• Life expectancy

• Literacy rate

• Democracy level

• Health Care

• Status of youth

• Status of women

• Health/Fitness

• Human equity/Diversity

• Crime

• Value change

• Security

• Power levels (local, state, region, nation, global)

Global Trends:

• Militant Islam continues to spread and gain power.

• Societal values are changing rapidly.

• Young people place increasing importance on economic success, which they have come to expect.

• Tourism, vacationing, and travel (especially international) will continue to grow in the next decade and beyond.

• The physical-culture and personal-health movements will remain strong, but far from universal.

• Consumerism is still growing.

• The women’s equality movement is losing the last of its significance, thanks largely to past successes.

• Family structures are becoming more diverse.

• Privacy, once a defining right for Americans, is dying quickly.

Indiana Trends:

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Categories:

• Population levels and growth

• Fertility

• Infant Mortality

• Mortality/Aging/Life Expectancy

• Migration

Global Trends:

• The world’s population will grow to 9.2 billion by 2050.

• The population of the developed world is living longer.

• The elderly population is growing dramatically throughout the world.

• Mass migration is redistributing the world’s population.

• Despite some xenophobic reactions to immigrants, there is growing acceptance of diversity. However, this is subject to local interruptions and reversals.

Indiana Trends:

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Categories:

• Land use and production levels

• Calorie availability

• Malnutrition rates

Global Trends:

• Food shortages may be more prevalent as population grows.

• ‘Manufacturing’ of food is emerging through molecular manufacturing.

Indiana Trends:

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Categories:

• Resource and production levels

• Demand patterns

• Renewable energy share

Global Trends:

• Despite efforts to develop alternative sources of energy, oil consumption is still rising rapidly.

• Contrary to popular belief, the world is not about to run out of oil.

• Oil prices are stable around $45 per barrel when not perturbed by political or economic instability.

• Growing competition from other energy sources also will help to limit the price of oil.

Indiana Trends:

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