Tag: economy
Report: Iowa has lost over $239M in tax revenue to date
By CBJ News Staff
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Iowa has lost a total of $239.3 million in state and local tax revenue, according to a new report by Oxford Economics released...
Iowa banking sector remained strong in 1Q
By CBJ News Staff
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Iowa’s banking sector remained healthy in the first quarter of 2020, with active loans up 4.3% from a year ago, according...
Economic Alliance aims to rally community with challenge
Doug Neumann, executive director of the Economic Alliance, wears a Rally cap.
By CBJ News Staff
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The Cedar Rapids Metro Economic Alliance has launched Rally C.A.P....
Iowa Leading Indicators Index continues downward trend
By CBJ News Staff
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The Iowa Leading Indicators Index (ILII), used by state officials to forecast tax revenues, decreased 1.7% to 101.3 in April from 103.1 in...
UFG takes loss as claims rise, investments suffer
By CBJ News Staff
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United Fire Group reported a loss of $2.90 per share for the quarter ended March 31, as the COVID-19 driven stock...
Whirlpool beats expectations despite COVID-19 sales drop
A Whirlpool employee inspects washer components. PHOTO WHIRLPOOL
By CBJ News Staff
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Whirlpool Corporation last week reported net sales were down 9.1% over last year for...
Small business owners worry PPP loans are not enough
By CBJ News Staff
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Business owners sounded off about the need to continue supporting small business once funds from the $350 billion Payroll Protection Program...
Iowa’s economic growth lagged U.S. in 2019
A chart showing state-level GDP growth numbers for 2019. CREDIT U.S. BEA
By CBJ News Staff
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New data from the U.S. Bureau of Economic Analysis shows...