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Economic Development

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State’s unemployment rate dips below 3 percent

Iowa’s seasonally adjusted unemployment rate decreased to 2.9 percent for November, the lowest the rate has been since December 2000, Iowa Workforce Development said in a release today. A year ago, the state’s jobless rate was 3.5 …

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Branstad in D.M.: Let’s add U.S. chicken to China dinner plates

U.S. Ambassador to China Terry Branstad met this week with officials at West Des Moines-based Hy-Line to discuss opening China to poultry imports from the United States. 

China banned poultry imports from the U.S. after …

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DuPont Pioneer lays off employees in Johnston

DuPont Pioneer has laid off an undisclosed number of workers in Johnston, the Des Moines Register reported. DuPont spokesman Gregg Schmidt said the company cut jobs to “integrate our operations and establish a streamlined, efficient, built-for-purpose …

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Polk economy is a top performer

With economic activity of nearly $1.1 billion and an increase of local gross domestic product of 4.7 percent over four years, Polk County has the top performing economy in the state and the 168th in …

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Des Moines will cut property tax levy if local option sales tax is approved

The city of Des Moines will devote 50 percent of an estimated $38 million in revenues that would be generated by an additional 1 cent sales tax to property tax relief, provided in the form …

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United Way outlines ‘aggressive’ legislative agenda

Would any workers in their right minds ever turn down a pay raise? They might — and some Greater Des Moines employees anecdotally have — if they realize it will push their pay above the …

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Reynolds, SBA’s McMahon see rosy ‘18

Gov. Kim Reynolds (at left in photo) and U.S. Small Business Administrator Linda McMahon (right) tag-teamed an interview with the Business Record this morning in which they were bullish on 2018 prospects for business, especially small business. 

McMahon, who also met…
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Greater Des Moines attracted 13.7M visitors in 2016

The Greater Des Moines region welcomed 13.7 million visitors in 2016 — a new record, reports Consultant Longwoods International, commissioned by Catch Des Moines.

That marks a gain of 5 percent, or about 600,000 visitors, above …

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Tauscheck promoted to Partnership strategy position

The Greater Des Moines Partnership has promoted Tiffany Tauscheck to the newly created position of chief strategy officer. Tauscheck, who has served as the organization’s chief communications officer since 2015, will lead strategic planning and counsel the …

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IBC members pledge internships, etc., for 30,000

Members of the Iowa Business Council have pledged to provide 30,000 individuals with internships, externships and apprenticeships by 2025.

Chairman Benjamin McLean, CEO of Ruan Transportation Management Systems, said the pledge is part of the …