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Report Shows Solid Economic Growth For Region In January

Statewide Iowa — A monthly report on the economy in Iowa and eight other Midwestern states shows the leading economic indicator rose to its highest level since September.

Economist Ernie Goss says it signals a good rebound and solid growth for the region over the next three to six months.

Iowa’s leading economic indicator grew as well for January, compared to December. In addition, Goss says employment numbers for the region continue to grow.

In the survey of business leaders and supply managers across the region, Goss says there’s still some worry and uncertainty.

In the past 12 months, nondurable goods manufacturers in Iowa have expanded jobs by a very healthy 2.8 percent, Goss says, while Iowa durable goods producers have added jobs at an even stronger pace of 3.9 percent.

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