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Economic Development

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Reports provide snapshot of a slumping economy

U.S. private employers added fewer than expected workers in August, but the labor market momentum likely remains strong enough for the Federal Reserve to consider an interest rate hike this year, Reuters reported.


However, two additional…
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Iowa Business Council: Economy slowed in Q3

Iowa Business Council members expect a good Iowa economy in the next six months, but they aren’t as excited as they were the past few quarters.


“The reach of global economic concerns may finally be…
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Gallup: Worker fears over pay cuts decline

About one in five U.S. workers is concerned about facing a pay cut soon, according to new data from Gallup, The Hill reported. That’s a sharp decline from the years directly after the 2008 fiscal crisis, when …

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Small business groups start campaign to hire young U.S. workers

The U.S. Small Business Administration and Small Business Majority are starting a campaign to help reduce persistently high unemployment among young workers, by encouraging small businesses to hire them. The companies participating in the national sign-on …

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A Closer Look: David Chivers

David Chivers describes his career path as a twisty, winding road.

At 39 years old, Chivers has followed that road through industries including nonprofits, education, marketing and consumer packaged goods. A few times, he’s landed …

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Greater Des Moines housing projects on tap for $7 million in state tax credits

The second round of applications for state tax incentives geared for housing projects has been completed, with nine projects in Des Moines and two in Johnston approved for a total of $7.2 million.


The Iowa…
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Gross domestic product up 3.7% in 2nd quarter

The U.S. economy was in even better shape than we thought between April and June, CNN Money reported.


The U.S. economy grew 3.7 percent in the second quarter, a significant upward revision from the first official…
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Iowa receives $190,000 for small business export assistance

Iowa will receive $190,000 through a U.S. Small Business Administration program designed to support activities to increase exporting by small businesses. The State Trade and Export Promotion (STEP) program award is part of $17.4 million …

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Des Moines workers: Job stability most important value

Last Saturday, thousands of workers from across Iowa came out to support Workshift, a national good jobs campaign focused on engaging Americans to set a new people-driven standard for good jobs, and interacted with an …

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State unemployment rate up slightly in July

Iowa’s seasonally adjusted unemployment rate increased slightly to 3.8 percent in July from 3.7 percent in June. The state’s jobless rate was 4.3 percent one year ago. The U.S. unemployment rate remained at 5.3 percent …

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