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Economic Development

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Central Iowa Works receives $600,000 grant


Central Iowa Works Funding Collaborative has begun using LinkedIn as a tool to help jobseekers connect with employers.

Developing the social media-based initiative is one of several ways the collaborative will use a two-year, $600,000 …

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A Closer Look: Jennifer Chittenden


What made you want to work for the Downtown Chamber of Commerce?

This summer, I wanted to try something a little different. I was involved with a lot of activities outside of Tero, and so …

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Mortgage rates fall to historic low

Thirty-year mortgage rates have fallen below 4 percent for the first time in history, CNNMoney reports.
 
The interest rate for a 30-year fixed-rate loan fell to 3.94 percent, which is the lowest rate since …

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Housing market improves in two Iowa cities, home builders group says.

A report Thursday showed that prices of single-family houses have declined in the last month and year in Iowa, but two local markets are showing improvement, the National Association of Home Builders (NAHB) said. Iowa …

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Central Iowa Works Funding Collaborative awarded $600,000 grant

Central Iowa Works Funding Collaborative was one of five organizations to receive a grant from the National Fund for Workforce Solutions. The group gave out $2.1 million in grants to five communities to help bolster …

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Reports show employment up, but so are layoffs

 

U.S. private-sector employers added more jobs than expected in September, but another report Wednesday showed a jump in planned layoffs in the month, Reuters reported. Private payrolls rose by 91,000 according to payroll processor …

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Fed gives Congress grim outlook on economy

Federal Reserve Chairman Ben Bernanke said today that the Fed has lowered its expectations for economic growth and called on Congress to address budget deficits and economic troubles, The Washington Post reported.
 
Testifying before …

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U.S. trade with neighbors increases 18 percent since last year

U.S. trade with Canada and Mexico jumped to $72.4 billion in July, an 18.1 percent increase from last year, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics. Canada is the United States’ …

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Agriculture a bright spot in the state’s economy

A report on the state of the Iowa economy in August is the second of the day to detect overall sluggishness.

With the exception of positive news on agriculture and building permits, the Iowa Leading …

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Upbeat factory report catches economists by surprise

Factory hiring and production increased in September, the Institute for Supply Management said today. Other data released today also showed strong demand for motor vehicles, with sales on track to surpass August’s rate. Construction spending …