Economist says Iowa’s economy won’t pick up soon

Iowa’s economy will likely continue to slog along in this recession during the new year, but Creighton University economist Ernie Goss says an upswing is expected within a few months.Dr. Goss doesn’t expect any significant upturn in the state’s economic picture until the second quarter of 2002. He says the situation will be going “sideways” for a while, not improving but also not getting any worse.Goss says most recessions in the U-S during the past century have lasted about 11 months.Over the past month, many Iowa retailers reported December sales up just one to two-percent from December of last year.