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Economic Development

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State unemployment rate remains at 2.5 percent

Iowa’s seasonally adjusted unemployment rate remained at 2.5 percent through September, an 18-year low for the state, as the U.S. unemployment rate declined to 3.7 percent, Iowa Workforce Development reported this morning. The number of …

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C.R. Bankers Trust president leaves amid newbo evolve fallout

Market president Pat Deignan has left Bankers Trust of Cedar Rapids in the ongoing fallout from failed festival newbo evolve, after the bank is still owed most of a $2.25 million line of credit with …

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Gravitate Downtown plans intro to startup scene


Gravitate Coworking Downtown will host the Intro to the Des Moines Startup Scene on Nov. 8 as a way to introduce both the city newcomers and the longtime residents just starting to think about founding …

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Des Moines-W.D.M. ranks highly in prosperity, education

A new analysis of the Distressed Communities Index by the Economic Innovation Group found a “great reshuffling” of communities as the recovery from the Great Recession continues. Greater Des Moines apparently is one of the winners. The report notes …

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Economic Impact Award winners named

Nine Central Iowa business have received Economic Impact Awards from the Business Record and the Greater Des Moines Partnership. They are: 

— Atlantic Coca-Cola Bottling Co., a 109-year-old company that acts as a privately owned, …

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Hubbell Realty pledges $1M for water trails project

Hubbell Realty Co. will donate $1 million over five years to the Great Outdoors Foundation as the first major private contribution to a $117 million water trails project that is ballyhooed as a way to…
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Volunteer Iowa to equip and staff mobile response unit

Volunteer Iowa has allocated $400,000 in state and federal funding to equip and staff a mobile response unit that will make critical repairs to tornado-damaged homes in Marshalltown, Gov. Kim Reynolds announced. The mobile response …

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NOTEBOOK – One Good Read: Why some Amazon workers aren’t happy about their raise

Last week Amazon grabbed many headlines and some positive press with its news it was raising workers’ pay to $15 an hour. Sounds great. It turns out we should look for the details. The New York …

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SBA backs eight Central Iowa loans in September

The U.S. Small Business Administration backed eight private loans to Central Iowa businesses in September. 

The loans for a combined $2.2 million were for projects expected to create seven jobs and retain 29.


None of …

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Insurance accelerator wins international award

The Greater Des Moines Partnership received a Silver Excellence in Economic Development Award for the Global Insurance Accelerator in the category of Multi Year Economic Development from the International Economic Development Council on Tuesday in …