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Economic Development

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Iowa Leading Indicators Index remains unchanged in September

The Iowa Leading Indicators Index increased 0.1% in September from August, but due to rounding, the index remained at 109.3. September is the 12th month in a row the index has increased. The monthly diffusion …
By BUSINESS RECORD STAFF | Nov 12, 2021
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Partnership to offer webinar about federal vaccine mandate

The Greater Des Moines Partnership will host a webinar on Monday, Nov. 15, to help businesses navigate the proposed federal vaccine requirements. The webinar, scheduled from 1 to 2 p.m., is designed to help companies understand the …
By BPC Staff | Nov 11, 2021
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Inclusion Award winners announced, CEOs outline their companies’ DEI journeys

The Greater Des Moines Partnership this week held its ninth annual Inclusion Summit, naming four companies and organizations as winners of 2021 Inclusion Awards, and hearing from a panel of CEOs and keynote speakers who …
By MICHAEL CRUMB | Nov 11, 2021
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U.S. Treasury issues guidance for State Small Business Credit Initiative Program

The U.S. Department of the Treasury has issued capital program implementation guidance for the State Small Business Credit Initiative (SSBCI) Program. The American Rescue Plan Act reauthorized and expanded the Small Business Jobs Act of 2010, which …
By BPC Staff | Nov 11, 2021
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SBA backs $3.33M in loans to Central Iowa businesses in October

The U.S. Small Business Administration backed more than $3.33 million in loans for Central Iowa businesses in October.

The 10 loans are expected to create 51 new jobs and retain 42 jobs. Among the top …
By BUSINESS RECORD STAFF | Nov 8, 2021
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Wages, inclusion, placemaking: Panelists discuss challenges facing Iowa’s workforce in 2022

There is no one silver-bullet solution to the state’s labor shortage, but if Iowa is to find more workers to fill open positions, the state and its employers are going to have to be creative …
By MICHAEL CRUMB | Nov 4, 2021
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2022 Salary Guide: More companies plan increases in hiring, salaries as labor shortage persists

The ongoing labor shortage and how companies are responding to it dominated responses to the 2022 Palmer Group annual salary guide released this week.

The survey, done in collaboration with the Greater Des Moines Partnership, was conducted …
By MICHAEL CRUMB | Nov 2, 2021
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SBA approved $263.1 million in loan guarantees for Iowa companies in Fiscal ’21

The U.S Small Business Administration approved $263.1 million in loan guarantees for Iowa companies from its regular loan programs during the agency’s fiscal year 2021, an increase of $29.3 million from the previous fiscal year. …
By JOE GARDYASZ | Nov 2, 2021
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Increases in manufacturing employment help boost Iowa’s economy; supply chain disruptions remain a concern

Iowa’s economy performed more strongly in October, behind increases in manufacturing employment, than the prior month, according to a survey of supply chain managers released today.

According to Creighton University’s Business Conditions Index, the index …
By BUSINESS RECORD STAFF | Nov 1, 2021
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Logistics company plans new headquarters in Urbandale

More than two years ago, Worldwide Integrated Supply Chain Solutions Inc. began the development process for a new headquarters proposed on about 22 acres at 12408 Meredith Drive in Urbandale.

The project stalled during the …
By KATHY A. BOLTEN | Oct 27, 2021