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Nationwide analyst: US economy’s Q3 productivity gains ‘somewhat encouraging,’ positive sign for inflation

Worker productivity in the U.S. economy continued to grow over the last three months, with a 2.2% increase, according to the third-quarter report released Thursday from the U.S. Bureau of Labor Statistics. The report shows output grew at an annualized, seasonally adjusted 3.5%, and hours worked increased by 1.2%. Unit labor costs in the U.S. nonfarm business…
By Business Record Staff | Nov 8, 2024
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Indianola city manager accepts job in Utah

Ben Reeves, Indianola’s city manager since May 2022, has been named city manager of Eagle Mountain, Utah’s third-fastest growing community with 65,000-plus residents. Reeves’ last day in Indianola will be Dec. 27, Indianola announced in a news release. During his tenure in Indianola, Reeves oversaw the completion of the final phases of Indianola’s downtown reconstruction…
By Business Record Staff | Nov 8, 2024
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IEDA awards $930,000 to 10 communities for downtown revitalization

The Iowa Economic Development Authority has awarded $930,808 in Main Street Iowa Challenge Grants to 10 Iowa communities. The grants, administered through IEDA’s Iowa Downtown Resource Center and Main Street Iowa programs, help redevelop or rehabilitate underused buildings on Iowa’s main streets, a news release said. The funding will be distributed in the form of…
By Business Record Staff | Nov 8, 2024
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EveryStep receives 2 grants from Variety – the Children’s Charity

EveryStep has received two grants from Variety – the Children’s Charity, the health and human services nonprofit announced. A grant of $15,000 will support EveryStep’s Amanda the Panda grief and loss program, a news release said. Another grant for $7,500 will fund Developmental Support Packs, which are developmentally-appropriate books and toys for children enrolled in…
By Business Record Staff | Nov 8, 2024
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State grants awarded to housing providers

Ten providers of Permanent Supportive Housing have been awarded $554,596 from the Iowa Finance Authority, the agency announced. Permanent Supportive Housing is an evidence-based, minimal-barrier housing intervention for people experiencing homelessness. The programs are designed to support individuals with complex, multi-occurring conditions. Qualifying households are provided permanent affordable housing with access to case management and support…
By Business Record Staff | Nov 8, 2024
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Iowa League of Cities names new government affairs director

The Iowa League of Cities has announced Chelsea Hoye as its new director of government affairs. Hoye most recently worked at Advocacy Strategies, a multiclient firm based in West Des Moines providing legislative analysis and advocacy on tax policies, stormwater regulations and other city priorities, a news release said. The League of Cities serves more…
By Business Record Staff | Nov 8, 2024
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‘An important part of my origin story’

Harry Smith’s 40-year career in journalism, the majority serving as an anchor and reporter for NBC News and CBS News, took him around the world.  He’s interviewed U.S. presidents, global political figures and celebrities and told the stories of unseen and everyday people.  In March, when Smith announced his retirement on NBC’s “Today” show following…
By Mike Mendenhall | Nov 8, 2024
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On the Move: Week of Nov. 8

Kelsi SchnecklothAvaila BankPromoted to retail banking officerkschneckloth@availa.bank Emily ApplegateInvision ArchitectureHired as interior designeremilya@invisionarch.com Bonny ReynoldsInvision ArchitectureHired as architectbonnyr@invisionarch.com Jeremy WeihInvision ArchitectureHired as construction administratorjeremyw@invisionarch.com Ryan PetersonHRC Association ManagementPromoted to senior association development seniorryan.peterson@hubbellrealty.com Sandy KelneIndigo LivingHired as leasing consultantsandy.kelne@hubbellrealty.com Carol MasonIndigo LivingHired as property managercarol.mason@hubbellrealty.com Teodoro GranadosIndigo LivingHired as maintenance service technicianteodoro.granados@hubbellrealty.com Kaylee StattelmanIndigo LivingHired…
By Business Record Staff | Nov 8, 2024