26 indiana business review outlook 2004 south bend mishawaka and elkhart goshen paul a joray professor of economics university s kochanowski t o help understand how we came to where are today table 1 figure chart the longer term progress michiana region which major part index numbers in use 1986 as base period employ monthly averages seasonally adjusted they highlight much growth volatility nature economies have differed over past decade for example economy measured by employment has mirrored that state indeed patterns strong expansion from 1993 1996 followed more moderate 2000 then declining 2002 nearly identical comparison grew rapidly than