The Future of America’s Economy Looks a Lot Like Elkhart, Indiana

High laborforce participation rate, low unemployment, and the economy is operating a full tilt with competitive wages for workers with low human capital. This is the status quo for Elkhart, Indiana.

Enrico Moretti, a University of California, Berkeley, economist, is quoted in the article referring to "The Elkhart metro region operates like an oil economy—a Kuwait in the cornfields. The RV industry sets wages and standards to a level few competitors can match, making diversification difficult." This article is an interesting case and gives good insight to the role rural america can play within an economy working at full tilt. With all of that said, the article also sites the stark contrast of how much hurt the Elkhart economy felt in 2008 during the recession. Will other areas of the country persist in their economic growth despite more automation in sight?

https://www.wsj.com/articles/the-future-of-americas-economy-looks-a-lot-like-elkhart-indiana-1522942393?mod=e2fb