Annual Inflation Rate Drops to 2.4 Percent, Lowest Since February 2021 • New Statewide Coalition Aims to Advance Entrepreneurship • Lawmakers Scrutinize ‘Black Box of State PBM Spending’

$120M More Needed for Indiana’s Behavioral Health Infrastructure, Report Says • How Did We Get Here? Historical Analysis of Property Tax Reform Seeks Answers • Indiana Department of Insurance Commissioner to Step Down • Lilly to Invest Another $4.5B in Lebanon Site for New ‘Medicine Foundry’ • More Americans File for Unemployment Last Week; Layoffs Remain Historically Low • U.S. Adds 254K Jobs in September, Blowing Past Expectations • Indiana Ranks Well in National Fiscal Report, Earns a ‘B’ • Indiana Gubernatorial Debates • Yom Kippur: The Day of Atonement • Breast Cancer Awareness Month

Why The Fed Went Big Last Week • Report Assesses Impact of Indiana’s Childcare Challenges for Employers, Workers • Braun Health Care Plan Builds Released • Indiana Lawmakers Consider New Legislative Ideas to Further Address K-12 Student Absences

1 Big Thing: Employers’ Big Hiring Pullback • Fed Keeps Interest Rates Steady. But Cuts Aren’t Far Off. • Weaker Labor Market Stokes Fears of a Downturn, Spurs Market Sell-Off • Playbook for Enhancing Indiana’s Mental and Behavioral Health Workforce