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You are here: Home / Business / Report says Iowa’s economy took good jump

Report says Iowa’s economy took good jump

July 1, 2005 By admin

For the first time in several months, Iowa’s already-thriving economy took another jump into even stronger territory, according to Creighton University’s monthly survey, overseen by economist Ernie Goss. Goss says the June survey of Iowa’s business leaders and supply managers “shows an economy that’s expanding and likely to continue to expand at a pretty good pace.” He credits the healthy rise to durable goods manufacturers, especially those with close ties to agriculture. Goss says Iowa continues to see positive moves in employment statewide.He says job prospects look very good with much growth in durable goods manufacturing, health care and in the leisure and hospitality industry. The rise in Iowa’s overall business index for June was the first increase since March. Goss says Iowa’s large agriculture machinery manufacturing industry continues to benefit from a strong farm economy, although food processors reported weaker economic conditions for the month.

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