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Economic Development

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Business economists are glum

Economics experts who participated in a survey think the U.S. economy will grow less than previously estimated through 2012, reflecting a slump in confidence, limited consumer spending and a struggling housing market, Bloomberg reported.

The …

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Xmas cheer(less)

Most Americans expect to spend less or the same on the holidays this year compared with last year, according to a survey released today.

A whopping 82 percent of those surveyed by America’s Research Group …

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Jobless claims reflect struggling labor market

Initial claims for U.S. unemployment benefits rose last week, a sign that the labor market is struggling to gain traction, Bloomberg reported.

First-time claims rose by 2,000 to 414,000 in the week ended Sept. 3, …

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Your road map to Capital Crossroads

The Capital Crossroads regional planning project isn’t the first such process in Greater Des Moines, but it is the most comprehensive and covers a larger area than any previous effort. Here’s a road map to …

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Capital Crossroads 10 capital breakdown

Here’s a quick breakdown that looks at the justification for and the goals of each of the 10 capitals of the Capital Crossroads plan. 

Capital Core

Chairpersons: Rick Clark, Mary O’Keefe

Subsections:

Neighborhood Improvement Downtown Regional…
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Capital Crossroads

The Capital Crossroads regional planning project isn’t the first such process in Greater Des Moines, but it is the most comprehensive and covers a larger area than any previous efforts. This site serves the purpose …

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A treasure in Treasuries

A financial model created by economists at the Federal Reserve that includes expectations for interest rates, growth and inflation shows 10-year U.S. Treasury notes are the most overvalued ever, Bloomberg reported.

As Treasuries hover near …

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Survey finds spotty growth in the service sector

The U.S. service sector expanded at a slightly faster pace in August, but growth was spotty and prices paid for raw materials shot up, according to a survey of senior executives, MarketWatch reported.

The Institute …

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Iowa business economic outlook drops, but remains positive overall

Optimism among Iowa businesses took a drop in the third quarter, but sentiment is still positive.

The Iowa Business Council (IBC) today released results of its third-quarter Overall Economic Outlook Survey Index (OSI), which read …

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Study: CEO turnover at highest level since 2005

U.S. companies are hiring new CEOs this year at the quickest pace since 2005 as directors seek growth after putting off management changes during the recession, Bloomberg reported.

Turnover is running at a 13 percent …