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Economic Development

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Positive report on September hiring could boost consumer spending

U.S. private-sector businesses hired 162,000 employees in September, according to a monthly national employment report compiled by Automatic Data Processing Inc., ADP, which provides employment and other services for companies that employ about  21 million U.S. employees. That number…
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State revolving fund rate at historic low

The Iowa Finance Authority and the Iowa Department of Natural Resources announced that the Environmental Protection Commission has approved lowering the interest rates for most State Revolving Fund Construction loans from 3 percent to 1.75 …

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Closing the gap

A standardized skills test and unpaid training internships for unemployed workers are two tools Iowa’s Workforce Development agency is using to move the bulk of lower skilled Iowans into the jobs that the state needs. …

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Partnership gets multicounty foreign trade zone

The Greater Des Moines Partnership has received approval for a new type of foreign trade zone (FTZ) that development officials say will provide a more flexible tool for Central Iowa companies seeking to expand international …

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Gary Kirke pursuing new casino in Urbandale

Business partners Gary Kirke and Mike Richards have filed a request in Urbandale that could lead to the development of a casino, hotel, conference center, upscale bowling alley and multiple dining establishments.

The development would …

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Iowa unemployment rate inches up to 5.5 percent

Iowa’s August unemployment rate increased to 5.5 percent from 5.3 percent in July, according to figures fromm Iowa Workforce Development. However, the rate is lower than 6 percent a year ago. 

“Seasonal job losses and …

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Purfoods to expand in Ankeny

The Ankeny City Council on Monday approved a development agreement with Purfoods LLC, confirming the company’s plans to invest in a newly constructed 46,000-square-foot office and fulfillment center facility. The project is expected to retain …

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Export conference set for November

The Iowa Innovation Gateway, its partners and the Iowa Economic Development Authority (IEDA) are hosting “Risk and Rewards, an Exporting Conference” from 8 a.m. to 1:30 p.m. Nov. 2 at the Michael J. Manatt Community Center in …

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Architects struggle to design a blueprint for recovery

Architecture firms have experienced a 40 percent drop in revenues since the beginning of the recession in 2008 and have had to cut personnel by nearly a third, according to a report released today.

The …

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A fret factor contributes to unemployment rate

The U.S. unemployment rate would be around 7 percent instead of 8 percent to 9 percent without the current level of doubt among consumers about economic issues, including fiscal policy, according to a study released …

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