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Economic Development

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Iowa unemployment filings climb for fourth straight week

The number of Iowans filing weekly unemployment claims jumped to 57,089 last week, a nearly 12% increase from the previous week, according to data released today by Iowa Workforce Development.

It is the fourth consecutive …

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Partnership outlines 2021 priorities during annual kickoff

The innovation that occurred in 2020 as the community faced challenges from the coronavirus pandemic and racial justice movements will continue into 2021 as Central Iowa begins work on a new five-year vision plan, leaders …

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Employment growth to continue, Leading Indicators Index shows

The Iowa Leading Indicators Index increased to 103.8 in November 2020 from 103.5 in October, according to the Iowa Department of Revenue. November is the fourth month that the index has increased since the COVID-19 …

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IWD provides update on extended federal unemployment benefits

Iowa Workforce Development released guidance today for several federal unemployment assistance programs that were extended recently by Congress. As part of the Consolidated Appropriations Act signed into law on Dec. 27, Congress reauthorized and extended the Pandemic …

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$284B second round of PPP lending to begin next week

The U.S. Small Business Administration, in consultation with the Treasury Department, announced today that the Paycheck Protection Program will reopen the week of Jan. 11 for new borrowers and certain existing PPP borrowers. To promote …

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Partnership names new executive VP of economic development

Brian Crowe, the current vice president for business attraction at ICR Iowa, was named Thursday as the new executive vice president of economic development at the Greater Des Moines Partnership. 

He fills a role left open …

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Iowa benefits from migration away from cities, U-Haul says

Corridor Business Journal: Iowa appears to be among the states benefiting from a trend of do-it-yourself movers leaving densely populated U.S. areas amid the COVID-19 pandemic, according to a new U-Haul report analyzing migration trends from …

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Iowa sees 15% spike in unemployment claims filed last week

The number of Iowans filing weekly unemployment claims climbed to 52,137 in the week that ended on Saturday, a 15% increase from the previous week, Iowa Workforce Development reported today.

A year ago, 39,135 Iowans …

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SBA-backed loans top $89M in Central Iowa for 2020

Small business loans backed by the U.S. Small Business Administration to Central Iowa businesses topped $89 million in 162 loans in 2020, a 24% dollar increase from the $71.7 million in 146 loans backed in …

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IBC Q4 Economic Outlook shows growing optimism for 2021

With leaders of the state’s largest companies forecasting higher sales, higher employment and higher capital spending over the next six months, the Iowa Business Council released its fourth-quarter Economic Outlook for 2020 today, showing growing …