AABP EP Awards 728x90

Economic Development

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U.S. wins WTO case against China on grain prices

The U.S. Department of Agriculture reports that a World Trade Organization panel found that China skewed commodities trading by providing excessive government support to grain producers. 

China’s market price support policy artificially raises Chinese prices …

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Merle Hay Mall acquires shuttered Younkers store with a debt to Polk County

Using a $1.5 million loan from Polk County, the owners of Merle Hay Mall have bought the abandoned Younkers department store from a liquidation company.

The purchase price was $1.5 million, according to Polk County …

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Business leaders sign Iowa Compact on Immigration

Iowa business leaders including the Greater Des Moines Partnership today pushed for “smart immigration policies” that would drive the economy.

The Iowa Compact on Immigration was endorsed by more than 40 signatories. The compact calls for common-sense policies …

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IowaWORKS office opens in Ames

Iowa Workforce Development announced it has opened an IowaWORKS office in Ames, co-located with the Iowa Department of Transportation office at 903 Lincoln Way. “With workforce attraction a focus of Story County, having an IowaWORKS office locally …

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Software startup plans 300 new Central Iowa jobs, many of which pay above $100,000

Des Moines Register: Vertex Software plans to add 300 new jobs in Ames as it launches its core cloud-based product for manufacturers later this year. Vertex plans to invest more than $32 million in Ames, according …

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Rural Mainstreet Index dips to nearly neutral range

The Creighton University Rural Mainstreet Index for February fell but remained slightly above growth-neutral, according to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and energy. 

The …

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Partnership releases report on small-business jobs

The Greater Des Moines Partnership has released a Small Business Jobs Report. The report, which is based on U.S. Census Bureau Data, shows that 8,909 jobs were created by new companies in their first year …

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What’s the 10th-best capital in the land? Des Moines, of course

Personal finance website WalletHub has weighed the metrics and determined that Des Moines offers the country the 10th-best state capital. 

WalletHub evaluated 54 metrics — Des Moines ranked No. 1 in unemployment rate, No. 3 …

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Hot pace for new businesses filed at secretary of state’s office

Iowa businesses nearly broke state record for new businesses filed in one month during January, reports Iowa Secretary of State Paul Pate. Pate’s office processed 2,195 new business filings last month, nine filings shy of …

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Retail federation forecasts slower sales growth

Retail sales growth in the U.S. is expected to slow down in 2019 amid cooling economic conditions, according to the National Retail Federation, Bloomberg reported. Americans will boost retail spending by 3.8 percent to 4.4 percent this …