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Economic Development

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Iowa unemployment stays at 2.6%

Iowa’s seasonally adjusted unemployment rate stayed at 2.6%  in November. A year ago, it stood at 2.4%. The U.S. unemployment rate fell to 3.5% in November. “Despite a slight increase in the number of individuals unemployed, …

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Iowa mainstreet index rose in December

Creighton University’s Rural Mainstreet Index for Iowa rose to 53.5 in December from November’s 52.5.

The survey of bank CEOs in the Midwest produces an index in which anything over 50 suggests growth. In Iowa, …

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Chamber Alliance calls for tax code changes

The Iowa Chamber Alliance’s legislative agenda for the next session calls for continued tax reform, lower corporate income taxes, changes in property taxes and continued support of economic development incentives. 

The Alliance, which represents the 16 largest …

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Catch Des Moines: Caucus week generates $11.3M

The weeklong run-up to the Iowa caucuses provides an $11.3 million economic boost to Greater Des Moines, the local convention bureau reported.

Catch Des Moines, the convention and visitors bureau, said the figure includes hotel and venue …

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Tax group: Sales tax increase + cuts = economic development

Iowa could build on economic momentum by adding to the tax reforms of 2018, and raising the sales tax while cutting others might be one of the answers, a report by the conservative free-market group Tax …

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SBA backs eight Central Iowa loans

The U.S. Small Business Administration in November guaranteed eight private loans for a combined $10.6 million for Central Iowa projects.

That loan total was the second-highest of the year, behind $16.4 million in July.

The …

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Manpower: Greater Des Moines hiring outlook softer

ManpowerGroup’s latest survey shows Greater Des Moines employers expecting to ramp up hiring slightly in the first quarter of 2020.

However, the rate still will be lower than at the same point a year earlier. 

Among the …

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IBC calls for action on workforce, taxes, housing

The Iowa Business Council today called for state lawmakers to increase spending on workforce development, to address needs in child care and housing, and to revamp the tax code. 

“As we look to 2020, the …

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W.D.M. Chamber CEO to retire

Carole Chambers, president and CEO of the West Des Moines Chamber of Commerce, plans to retire May 1. Chambers, who became CEO in March 2017, has seen membership grow 30% during her tenure. Assets grew …

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Iowa’s economic index falls

Creighton University’s survey-based index of economic conditions for nine Midwestern states showed Iowa’s score fell to 49.2 in November from October’s 53.5. 

Anything over 50 indicates growth. New orders came in at 46.8, production or …