• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Business / Econmist says Iowa’s economic picture still not improving

Econmist says Iowa’s economic picture still not improving

December 4, 2001 By admin

A Creighton University economist says the Midwestern economy is continuing its downward slide. After a slight upturn in October, Dr. Ernie Goss says Iowa’s economy is also slowing down.Goss and his team survey purchasing managers and business leaders in the nine-state region every month. He says the November numbers reflect the fourth drop in the past six months while the month ahead does -not- look like it’ll see much improvement.Dr. Goss says December is normally be a month where retail sales take a significant upturn, but he doesn’t think that’ll be evident this time around. He says companies that sell to retailers report not much buying as consumers pull back in the midst of layoffs.On the plus side, Goss says natural gas prices are half what they were a year ago. While many businesses are being forced to cut production and staff, he says the lower utility costs will be a positive factor for many Iowa employers, and of course, homeowners.mk

Share this:

  • Facebook
  • Twitter

Filed Under: Business

Featured Stories

Bill would limit placement of solar arrays on farm ground

Marquette casino moving to land, leaving only 2 casino boats in Iowa

Reynolds signs her ‘school choice’ bill into law

Governor Reynolds touts 2024 Iowa Caucuses in Inaugural Address

University of Iowa grad presiding over U.S. House Speaker vote

TwitterFacebook
Tweets by RadioIowa

No coaching changes coming for Iowa football

Iowa State names new receivers coach

No. 2 Iowa visits No. 1 Penn State in wrestling dual Friday night

Iowa’s Clark brings increased exposure to women’s basketball

No. 18 Iowa State women visit TCU

More Sports

Archives

Copyright © 2023 ยท Learfield News & Ag, LLC