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Economic Development

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Saudi Arabia turns to Iowa as it looks to expand ag imports and renewable energy capacity

 

The Saudi government is eyeing increased partnerships with Iowa farmers and companies as it focuses on increasing agricultural imports and further developing its renewable energy capacity, said Abdulrahman Bakir, vice president with the Saudi Ministry…
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Chittenden to step down as Downtown Chamber executive director

Jennifer Chittenden, executive director of the Des Moines Downtown Chamber of Commerce, will be leaving that role next month after accepting another opportunity, the chamber’s board announced. In a letter to its members, the board leadership …

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IEDA awards $8.8 million to projects in 21 communities

Projects in 21 communities have been awarded grants totaling $8.8 million through the Community Development Block Grant Program, officials with the Iowa Economic Development Authority announced today. The projects range from water and sewer improvements …

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IEDA board approves tax benefits for Ankeny food manufacturer, changes boundaries of Des Moines’ reinvestment district

The Iowa Economic Development Authority Board today approved tax benefits for an Ankney company that makes food products, including mayonnaise, salad dressing and barbecue sauces.

Mrs. Clark’s Foods was awarded $165,000 in investment tax credits …

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Iowa’s monthly unemployment rate falls to 6%

Iowa’s businesses added 5,300 jobs in August, helping to push the state’s seasonally adjusted unemployment rate down to 6%, Iowa Workforce Development reported today.

In August 2019, Iowa’s seasonally adjusted unemployment rate was 2.8%; in …

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Iowa’s rural economy remains in recessionary territory with September decline

Iowa’s rural economy dipped slightly in September behind a slumping farmland price index, according to the Creighton University Rural Main Street Index released Thursday.

The September index for Iowa fell to 46.5, down from 46.8 in August, …

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The Iowa Center launches two new financial literacy programs

The Iowa Center is launching two new financial literacy programs to address a problem presented by the pandemic: Many small business owners, especially people of color, were denied financial assistance because they lacked the necessary …

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10 takeaways: Disruption-proofing Des Moines’ economy

Mineck: Disruption brings a magnifying glass to the deep problems at work in communities

Mineck’s comments reminded me of the idea of wicked problems. A “wicked problem,” for those unfamiliar, is defined by the Stanford …

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Iowa Leading Indicators Index rises a bit July, but suggests state economy will continue to weaken over next few months

After seven months of declines, the Iowa Leading Indicators Index increased 0.1% to 103.3 in July from a revised 103.1 in June, the Iowa Department of Revenue reported on Friday. The six-month diffusion index remained …

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VIDEO: Power Breakfast: Disruption-proofing Des Moines’ economy

 

The coronavirus pandemic has drastically shifted the economy and with it, views of how communities and states should shift regional plans for the future. Business Insider named Des Moines one of the top 20 …