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Economic Development

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Newest Des Moines tourism commercial hits airwaves

Des Moines’ newest television commercial as part of its “The S’s Are Silent” campaign has begun airing throughout Iowa, and in Omaha, Minneapolis and Kansas City. The 30-second animated ad was created by Calabash Animation …

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ICON Water Trails to reject bid for downtown projects, seeks options to keep project on track

Officials behind the ICON Water Trails initiative will be meeting to forge a path forward after saying they will reject the sole bid received for projects funded in part by a federal BUILD grant.

The $125 million …

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Indianola names new city manager

Indianola has named Ben Reeves as its new city manager. The announcement ends the search to fill the position after Ryan Waller stepped down last fall to become city manager in Marion. Reeves comes to Indianola from …

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Another setback for $125 million water trails project

Axios Des Moines: A second attempt to contract out the first part of a $125 million water recreation trails project in central Iowa has fallen flat. Bidding already failed once for the inaugural piece of the Iowa …

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Des Moines growth outpaces other Midwestern cities

The Des Moines area’s population grew 18.6% from 2010 to 2021, making it the fastest growing metro area by percentage in the Midwest over that time period, according to U.S. Census Bureau data. The Des Moines/West Des Moines …

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SBA backs more than $4M in Central Iowa loans in March

The U.S. Small Business Administration backed 13 loans to Central Iowa businesses totaling $4,075,900 in March.

The loans will help those small businesses create 54 new jobs and retain 84 local jobs, according to data …

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Iowa Leading Indicators Index rises for second month in a row

The Iowa Leading Indicators Index increased 0.4% in February to 110.4 from a revised 110.0 in January. The monthly diffusion index decreased to 56.3 in February from 62.5 in January.

The Iowa nonfarm employment coincident …

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SBA small business size standard revisions expand eligibility for firms

The U.S. Small Business Administration issued four final rules to modify revenue-based small business size standards in 16 North American Industrial Classification System sectors, a change the agency said will increase small business eligibility for …

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Despite continued supply chain concerns, Iowa’s economy grows behind strong manufacturing activity

Iowa’s economy grew sharply in March with strong improvements seen in every category measured in a survey of supply chain managers.

According to Creighton University’s MidAmerica Business Conditions Index, the index for Iowa jumped to …

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Iowa’s GDP down 2.3% in Q4 as ag sector stumbles behind increased input costs

Iowa’s gross domestic product declined in the fourth quarter of 2021 behind weak agricultural performance. It was the second straight quarter of decline after four quarters of growth.

The fourth-quarter report, released Thursday by the U.S. …