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Economic Development

Joe Murphy

IBC’s first-quarter economic survey shows overall optimism, but concern about workforce levels remains

A group of CEOs from some of Iowa’s largest companies were more optimistic about the state’s overall economic prospects in the results of the Iowa Business Council’s (IBC) first-quarter Economic Outlook Survey released Wednesday. 

However, …

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IEDA announces $125,000 in Certified Local Government grants awarded to 9 communities

The Iowa Economic Development Authority awarded approximately $125,000 in Certified Local Government grants to nine communities around the state. The awards will support historic preservation and development projects in nine communities, including Fort Dodge, Creston …

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Leaders’ outlooks lean positive amid ‘shifting’ landscape, ABI quarterly survey finds

The results of the latest quarterly business survey sent to the Iowa Association of Business and Industry’s board members provided insight into leaders’ strategies and priorities heading into the second quarter as they navigate a …

Goss

Iowa’s rural mainstreet index continues slump in March

Iowa’s rural mainstreet index sank below growth neutral for a seventh consecutive month, falling to 34.5 in March from 38.8 in February.

The state’s farmland price index also declined, dropping from 54.4 to 51.4. Iowa’s …

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Iowa Leading Indicators Index unchanged in January

The Iowa Leading Indicators Index remained unchanged, at 105.2 in January 2024, from a revised 105.2 in December and November 2023.

A six-month annualized change in the index below -2.0% and a six-month diffusion index …

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Applications open for Spark DSM Business Incubator

The Greater Des Moines Partnership announced the Spark DSM Business Incubator program has opened applications. “We look forward to the return of the Spark DSM Business Incubator program that connects new vendors to attendees of …

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IEDA approves $56M local tax break for Google’s $576M Cedar Rapids data center

The Iowa Economic Development Authority Board today approved the city of Cedar Rapids providing $56 million in local property tax exemptions over 20 years for Google Inc.’s proposed data center project in Cedar Rapids.

The project will …

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Greater Des Moines Partnership announces 2024 federal policy agenda

The Greater Des Moines Partnership announced its 2024 federal policy agenda Tuesday. The agenda addresses the Partnership’s stance on federal policies that affect issues like economic growth, workforce retention, transportation and others in the 11-county …

unemployment

Iowa’s unemployment rate slips to 2.9%

Iowa’s seasonally adjusted unemployment rate in February was 2.9%, down slightly from January’s rate of 3%, Iowa Workforce Development reported today.

Also in February, Iowa’s labor force participation rate slipped to 67.2%, the third consecutive …

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7 finalists chosen for Black & Brown Business Summit pitch competition, summit’s keynote speakers announced

The West Des Moines Chamber of Commerce has announced seven finalists for the 2024 pitch competition at the fourth annual Athene Black & Brown Business Summit. An eighth finalist will be randomly selected on the …