IBC Survey Shows Best Results Since 2018

Des Moines, Iowa — The Iowa Business Council’s fourth-quarter Economic Outlook Survey shows a lot of optimism among its members.

Executive Director Joe Murphy says anything over 50 on their scale is positive — and this time it was nearly 69.

The index is based on expectations for sales, capital spending, and employment for the next six months. Capital spending saw the largest increase.

Murphy says this is a positive sign things are picking back up.

The IBC is made up of executives from 22 of the state’s largest businesses. While the business climate is positive — Murphy says there are still some obstacles in the way.

The other big hurdle continues to be finding workers.

He says finding talent continues to be the number one concern among members.

Share:

More

Local News

Unemployment rate drops in April

The April unemployment rate dropped to two-point-eight percent compared to two-point-nine percent in March. Iowa Workforce Development director, Beth Townsend, says