Economic outlook higher in 4th quarter in Iowa
Economic outlook higher in 4th quarter in Iowa
The Iowa Business Council (IBC) Overall Economic Outlook Survey Index rose to 62 in the fourth quarter. The index reading is nearly five points higher than three months ago but more than two points lower than this time last year. The survey was completed by 19 of the corporate members of the IBC during the second half of November. A reading above 50 indicates positive sentiment. The sales index was 67, the capital spending index was 62, and the employment index was 57.
The Iowa Business Council (IBC) Overall Economic Outlook Survey Index rose to 62 in the fourth quarter.
The index reading is nearly five points higher than three months ago but more than two points lower than this time last year.
The survey was completed by 19 of the corporate members of the IBC during the second half of November. A reading above 50 indicates positive sentiment.
The sales index was 67, the capital spending index was 62, and the employment index was 57.
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