Economists say the drop in the economic index could be because sales have dropped during the harsh winter weather.
The Leading Index for Indiana has been trending upward since last July but dropped slightly in both April and May.
Economists say it may have become clear only recently to business owners just how much not having a national budget deal could hurt them.
As economic growth slows in larger global markets, Indiana businesses need to look for new ways to expand.
The housing market accounts for much of the gain, but it's unclear which houses are most responsible.
An Indiana University measure of the state’s economy shows the Hoosier State is experiencing growth.
Projections from the Indiana Business Research Center suggest Hoosiers shouldn’t expect a recovery from the recession for at least 12 to 18 months.