Economic Development

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Construction up in half of states

Construction employment increased in 26 states between July 2010 and July 2011 and during the past month, according to an analysis by the Associated General Contractors of America of state employment data released by the …

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Rural business continues to slump

The Rural Mainstreet Index (RMI), which ranges between 0 and 100, fell to 49.3 in August from July’s healthy 55.7.  This was the third straight month that the index declined and put the measure below …

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U.S. debt downgrade won’t significantly affect P&C insurers

Though it’s difficult to assess the long-term ramifications, in the short term, Standard & Poor’s downgrade of the United States’ credit rating will not adversely affect U.S. property-casualty insurers, according to the Insurance Information Institute.…

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Stock market in turmoil again

Stock prices dropped sharply today as newly released data fueled worries that the economy is weakening, and bank shares tumbled on fears that the European financial crisis could spread havoc to other parts of the …

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Consumer prices up slightly for urban Midwest

The Consumer Price Index for All Urban Consumers in the Midwest rose 0.1 percent in July, according to numbers released by the U.S. Bureau of Labor Statistics.

Regional Commissioner Charlene Peiffer said in a press …

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Cost of living increase highlights negative economic news

The cost of living in the United States climbed in July by the most in four months, led by higher energy and food prices, Bloomberg reported.

The Consumer Price Index, which is a measure of …

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We’re shedding debt, a little at a time

The New York Federal Reserve Bank said today that consumer borrowing fell slightly in the second quarter, as Americans shed more of their debt, CNNMoney.com reported.

The report – which looks at mortgages, home equity …

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Jobless claims down, other factors not so positive

The number of Americans making new claims for jobless benefits dropped to a four-month low last week, a sliver of hope for an economy that has been hit with a credit downgrade and falling stock …

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Stock index shows $2.8 trillion loss since late July

The Wilshire 5000 Total Market Index has lost $2.8 trillion in value since the stock market slide began on July 22, CNNMoney.com reported.

Some $600 billion of that was lost on Wednesday, when the index …

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Groups seeking nominations for strong exporters

The Iowa Innovation Gateway and the Iowa Department of Economic Development are seeking nominations for companies that have done a good job of exporting Iowa goods.

Businesses will be honored at an awards ceremony during …