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Retail and Business

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Businesses still cautious as durable goods orders fall

Orders for durable goods unexpectedly fell in February, reflecting declines in demand for capital goods and military aircraft, Bloomberg reported.

Numbers from the U.S. Department of Commerce showed that orders for goods meant to last …

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Architecture billings up, but no significant improvement in new year

The American Institute of Architects yesterday reported that the February Architecture Billings Index (ABI) score was 50.6, up slightly from a reading of 50.0 the previous month.

The score indicates only a modest increase in …

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Strawhacker wins SBA award

Jeff Strawhacker, owner of West Des Moines-based Strawhacker and Associates LLC, has been named the Iowa financial services champion of the year by the U.S. Small Business Association.

Kelly Heysinger and Gina Blean, owners of …

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Earthquake could be costliest natural disaster

Damage from the earthquake and tsunami that struck Japan on March 11 is adding up to the world’s costliest natural disaster, Reuters said. The Japanese government said that damage to roads, homes, factories and infrastructure …

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Report: Iowa lost manufacturing jobs in 2010

Industrial employment in Iowa decreased 1.4 percent in 2010, according to the 2011 Iowa Manufacturers Register. 

Iowa lost 3,972 industrial jobs between January 2010 and January 2011, though that was much smaller than the nearly …

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GDMLI searches for alumni board members

The Greater Des Moines Leadership Institute (GDMLI) is looking for alumni to serve on the Board of Governors.

The institute is looking to fill 10 positions, each with a three-year term that begins on July …

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Unemployment is cyclical, not structural, researchers say

The current high rate of unemployment in the United States is primarily due to cyclical factors, not structural changes in the economy, according to researchers at the San Francisco Federal Reserve Bank.

The study runs …

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Midwest manufacturing still picking up steam

Manufacturing in the Midwest increased 1.1 percent in January, following a revised 0.7 percent increase in December, the Federal Reserve Bank of Chicago said. The Federal Reserve Board’s industrial production index for manufacturing rose 0.3 …

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Business Horizons program open for applications

The Iowa Association of Business and Industry Foundation is accepting applications from high school students for its Business Horizons (BH) program, which provides an understanding of economics, the free enterprise system, entrepreneurship and a range …

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Fuel prices contribute to bad attitude on economy

A new national poll released today by CNN and Opinion Research Corp. showed that gasoline prices may be contributing to Americans’ bad attitude on the economy.

The percentage of people who rate the nation’s current …