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Economic Development

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IEDA board approves awards, Newton reinvestment district plan

The Iowa Economic Development Authority Board has awarded financial assistance to two companies that will help in the creation and retention of 69 jobs and result in a $102 million capital investment for the state.…

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T-Mobile unveils Perry as one of the next 25 Hometown Grant recipients

T-Mobile has announced Perry as one of its 25 Hometown Grant recipients, with a $20,000 grant going toward installing an ADA-compliant playground at Wiese Park that will allow children of all abilities to play together …

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Higher interest, labor shortages constrain growth as Iowa’s rural economy slows

Iowa’s rural economy declined sharply in March, down more than 10 points, as employment slowed, according to a survey of rural bank managers.

Creighton University’s Rural Mainstreet Index for Iowa, released Thursday, fell to 46.7, …

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Entertainment potential seen in warehouse near Riverview Park

Imagine this: On a warm summer’s day, you ride your bicycle on the Neal Smith Trail that hugs a portion of the Des Moines River and just past Sixth Avenue, you veer north, taking a spur …


Iowa’s nonfarm employment reaches record high

Iowa businesses added 8,300 jobs in January, raising the state’s total nonfarm employment to a record high 1,591,300, Iowa Workforce Development reported today.

Nearly 47% of the jobs added, or 3,900, were in construction, the …

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$26.88M goes to Destination Iowa projects, an additional $15M for rural Iowa

Iowa Gov. Kim Reynolds and the Iowa Economic Development Authority announced a $26.88 million grant funding for the final round of Destination Iowa, a $100 million investment in quality of life and tourism attractions. A …

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Enhance Iowa Board awards $1 million CAT grant to Waterloo

The Enhance Iowa Board has awarded a $1 million Community Attraction and Tourism grant to transform two city parks in Waterloo. The Transforming Gates and Byrnes Parks Project has a total project cost of $16.9 …

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IBC’s Competitive Dashboard shows state’s resilience behind strong manufacturing performance

Iowa saw an 11% growth in its gross state product in 2022, indicating the state’s continued resilience coming out of the pandemic, according to the Iowa Business Council’s annual Competitive Dashboard report released today.

The …

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Labor shortages, supply chain disruptions still concerns as economy expands

Iowa’s economy expanded in February as fears of recession lingered, according to a monthly survey of supply chain managers.

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Creighton University’s Mid-America Business Conditions Index for Iowa rose to 53.2, up from 47 …

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Floor in downtown’s 801 Grand office tower to be converted to fitness center, other spaces

Principal Financial Group will adapt the 19th floor at 801 Grand to better meet the needs of current and future tenants, company officials said in a statement released to the Business Record.

The 19th floor …

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