Table 3. Number of private sector establishments by direction of employment change, annual March to March Indiana Total private Establishments gaining jobs Establishments losing jobs Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 3,416 51,375 37,707 13,668 39,629 29,377 10,252 March 1995 -1,649 52,147 38,447 13,700 46,398 31,049 15,349 March 1996 263 49,030 36,337 12,693 46,338 33,908 12,430 March 1997 2,158 51,621 37,880 13,741 44,801 33,218 11,583 March 1998 48 49,708 36,900 12,808 47,077 34,317 12,760 March 1999 1,425 50,999 37,556 13,443 46,176 34,158 12,018 March 2000 442 52,063 38,801 13,262 46,104 33,284 12,820 March 2001 -1,037 47,503 34,772 12,731 50,134 36,366 13,768 March 2002 -1,071 45,925 32,943 12,982 51,689 37,636 14,053 March 2003 631 47,018 33,347 13,671 49,513 36,473 13,040 March 2004 880 49,282 35,621 13,661 47,376 34,595 12,781 March 2005 1,162 50,221 36,010 14,211 47,515 34,466 13,049 March 2006 878 50,375 36,293 14,082 48,075 34,871 13,204 March 2007 85 49,357 35,661 13,696 49,707 36,096 13,611 March 2008 -1,253 46,480 33,550 12,930 51,944 37,761 14,183 March 2009 -2,319 41,917 28,640 13,277 57,919 42,323 15,596 March 2010 -2,736 41,385 29,680 11,705 53,005 38,564 14,441 March 2011 3,380 50,942 35,389 15,553 44,001 31,828 12,173 March 2012 -2,086 49,143 36,668 12,475 46,367 31,806 14,561 March 2013 -640 47,983 35,436 12,547 46,624 33,437 13,187 March 2014 -221 48,869 36,340 12,529 45,725 32,975 12,750 March 2015 1,232 50,632 37,298 13,334 44,493 32,391 12,102 March 2016 2,052 51,759 38,222 13,537 44,855 33,370 11,485 March 2017 375 50,254 37,651 12,603 47,141 34,913 12,228 March 2018 854 50,883 37,779 13,104 47,474 35,224 12,250 March 2019 1,812 54,010 39,672 14,338 46,874 34,348 12,526 March 2020 -931 48,345 35,062 13,283 53,707 39,493 14,214 March 2021 4,178 50,670 34,077 16,593 54,904 42,489 12,415 March 2022 5,127 62,592 43,725 18,867 48,328 34,588 13,740 March 2023 1,895 61,726 43,820 17,906 51,875 35,864 16,011 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.