Tag: economy
Iowa banking sector remained strong in 1Q
By CBJ News Staff
news@corridorbusiness.com
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
news@corridorbusiness.com
The Cedar Rapids Metro Economic Alliance has launched Rally C.A.P....
Iowa Leading Indicators Index continues downward trend
By CBJ News Staff
news@corridorbusiness.com
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
news@corridorbusiness.com
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
news@corridorbusiness.com
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
news@corridorbusiness.com
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
news@corridorbusiness.com
New data from the U.S. Bureau of Economic Analysis shows...