Temperatures will be in the 30s over the next couple of weeks, and snowfall is possible, according to the National Weather Service.
FEMA is granting Indiana's appeal to help pay for the expenses counties incurred during winter storms earlier this year.
A Winter Weather Advisory is in effect across the northern half of central Indiana from 4 a.m. to 4 p.m. Wednesday.
Economists say the drop in the economic index could be because sales have dropped during the harsh winter weather.
A winter weather advisory remains in effect until 7 p.m.
Indianapolis has received more than 51 inches of snow since December.
The Department of Education announced this week school districts can either add days to the end of the year or hours onto days to make up for canceled days.
Snow is expected to fall throughout the day on Friday bringing snowfall totals of three to four inches by late afternoon.
Governor Mike Pence announced today that transportation crews are working in two 12-hour shifts each day to repair the roads after the snow storm.
Maintenance crews are looking for more effective and cheaper options to keep the streets safe and clean.