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Economic Development

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U.S.-China trade negotiations to resume

Negotiators from the United States and China will resume talks on a new trade deal July 30, Reuters reported. That is particularly important for Iowa, where the agriculture economy has taken the brunt of financial damage …

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Byers named to chair chamber association board

Jay Byers, CEO of the Greater Des Moines Partnership, has been elected to lead the board of the Association of Chamber of Commerce Executives. The organization representing more than 9,000 professionals is based in Alexandria, …

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Report: U.S. foreign direct investment decreases in 2018

U.S. direct investments abroad decreased in 2018, due largely to repatriation of prior earnings by U.S. multinationals from their foreign affiliates, according to a report released today by the Bureau of Economic Analysis. 

The U.S. direct investment …

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Iowa Workers’ Comp launches web-based filing system

The Iowa Division of Workers’ Compensation has launched a web-based filing system for attorneys, workers, employers and insurers. The new Workers’ Compensation Electronic System will allow the division to transition from paper filing to electronic …

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Iowa’s mainstreet index falls

Creighton University’s Rural Mainstreet Index for Iowa fell to 49.9 in July, a tick below growth-neutral. The reading was down from June’s 51.1.

There was good news on the job market, at least in urban …

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Iowa unemployment rate steady

Iowa’s seasonally adjusted unemployment rate stayed at 2.4% in July, a tick below the 2.5% of a year ago. The number of unemployed Iowans rose to 41,400 in June from 40,700 in May. That number now stands …

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IEDA backs projects in DM, Winterset

The Iowa Economic Development Authority board last week approved aid for four projects that included operations in Winterset and Des Moines.

Helena plans $47M DM facility
Helena Agri-Enterprises LLC, formerly known as Helena Chemical Co., …

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Nationwide misses goal, will pay state $3M for job losses

Nationwide plans to repay nearly $3 million in state aid because the company eliminated 646 of the 1,570 jobs it promised to keep for 10 years as part of an expansion. Nationwide reported it will …

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SBA backs $2.3M in loans

The U.S. Small Business Administration in June backed nine private loans for mostly small projects in Central Iowa.

The $2.3 million in loans was for projects expected to create a combined 17 jobs and to …

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Nominations open for Iowa Job Honor Awards

Gov. Kim Reynolds is encouraging Iowans to make nominations for the sixth annual Iowa Job Honor Awards. The Iowa Job Honor Awards program is accepting nominations for its sixth annual event set for Oct. 10 …