FORT WAYNE, Ind. (WOWO) — Indiana’s latest revenue forecast is being hailed by Governor Mike Braun as evidence that his economic policies are working.

In a statement released Thursday the Governor credited rising wages and lower taxes for the state’s momentum, while Budget Secretary Lisa Hershman noted that Indiana is thriving even as other states struggle.

The administration says the forecast confirms that Hoosiers are keeping more of their money as the state maintains a strong entrepreneurial lead.