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Economic Development

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7 IEDA awards to spur nearly $105M in new capital investments

Innovative Injection Technologies, an Iowa manufacturer of custom plastic injection molded components for a number of industries, today was awarded tax incentives by the Iowa Economic Development Authority board for a $10 million warehouse expansion …

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Bankers report expanding local economies in Goss March Rural Mainstreet Index report

The March Rural Mainstreet Index for Iowa rose to 71.6, from 54 in February, and Iowa’s farmland-price index rose to 72.4 from 60. The new-hiring index for March also advanced, to 72.7 from 53. Compared …

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Initial unemployment claims in Iowa rose last week

The number of initial unemployment claims filed in Iowa filed last week was 5,973, an increase of 791 from the previous week’s adjusted numbers, Iowa Workforce Development reported today. Unemployment insurance benefit payments totaled $14.12 …

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Iowa Leading Indicators Index rises slightly, anticipates declines in unemployment insurance claims

The Iowa Leading Indicators Index increased to 104.7 in January from 104.3 in December. With six of the eight components contributing positively, the monthly diffusion index remained unchanged at 75. This is the sixth month …

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Reynolds touts state as teleworking destination in IWD podcast

Des Moines Register: Appearing as the inaugural guest for Iowa Workforce Development’s new “Mission Employable” podcast Tuesday, Gov. Kim Reynolds told the host and agency Deputy Director Ryan West that the state kept 80% of its …

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Iowa’s unemployment rate decreases to 3.5% in January

Cedar Rapids Gazette: Iowa’s seasonally adjusted unemployment rate was 3.5% in January, Iowa Workforce Development said today, marking an increase from the preliminary December unemployment rate but a decrease from the adjusted numbers. IWD initially reported …

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Pandemic’s baby bust part of long-term decline in birth rates

Iowa births from 2016 to 2020. Source: Iowa Department of Public Health

What some had thought might be a baby boom as people hunkered in at home for work and play as the coronavirus spread …

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State commission approves funding for freight infrastructure project in southwest Iowa

More than $1.5 million has been approved for a freight transportation infrastructure project in Iowa. The Iowa Transportation Commission approved the grant funding Tuesday for a project under the Linkin Iowa’s Freight Transportation System program. …

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Number of initial unemployment claims filed in Iowa increases

The number of Iowans who filed initial unemployment claims last week jumped 31% from the previous week, according to Iowa Workforce Development. The state agency reported that 5,531 Iowans filed initial claims last week, 1,315 …

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MercyOne Central Iowa to boost minimum wage to $15 hourly

MercyOne Central Iowa is instituting a minimum wage for its staff of $15 an hour, effective April 4, the health system announced to its employees today. In an internal memo shared with the Business Record, MercyOne …