Statewide Iowa — A former Principal Financial global economist who’s been the chief economist in state government for the past two years says as the recovery picks up steam, there are potential pitfalls ahead.
That’s Robin Anderson, the state chief economist who leads the research and policy division in the Iowa Department of Revenue. Anderson says the most recent jobs report for January shows Iowa’s manufacturing sector, which had been sluggish before the pandemic, has bounced back.
Anderson says the Federal Reserve’s move to slightly increase interest rates probably won’t have much of an impact on the job market.