Iowa is seeing slow but solid economic growth as the state enters the new year, according to Creighton University economist Dr. Ernie Goss. He says Iowa is keeping pace with the eight other states that are the subject of a monthly economic survey.Iowa continues setting new employment records, which Goss says is hurting the state somewhat, in that some employers are having trouble filling positions. He says wages have gone up slightly in Iowa & in the other states as companies increase bonuses and benefits to keep from having to increase overall wages.Goss predicts the Federal Reserve Board likely WILL boost interest rates in about a month — which he says will be following the just-ended very busy holiday shopping season.The Fed raised interest rates three times last year.
