Iowa could suffer a nearly $18 billion blow to its economy this year as a result of the shutdowns, closures and layoffs caused by the coronavirus pandemic, according to a report released this week by the Tax Education Foundation of Iowa. In a midweek virtual presentation, Creighton University economist Ernie Goss and colleague Scott Strain of Goss […]

The Community Foundation of Greater Des Moines has awarded $100,000 from its Disaster Recovery Fund to support the Central Iowa Ethnic Community-Based Organizations fund, an initiative of the Refugee Alliance of Central Iowa. The funding will support 17 local groups that work with refugee populations in both case management and direct services.  “This fund will […]

Des Moines is among the areas of the country most capable of recovering quickly from the economic crash caused by the coronavirus pandemic, according to an analysis done by the credit rating and research company Moody’s. The analysis, reported by Yahoo Finance on May 9, examined the top 100 metro areas in the U.S. The metros […]

The Greater Des Moines Partnership is helping businesses get ready for the next steps of the economic recovery from the COVID-19 pandemic, launching a series of industry-specific playbooks. The playbooks include recommendations, such as leveraging federal, state and local resources and following public health recommendations, to help business and industry find a path as the economy continues […]

The state’s manufacturing, health care and professional service sectors will likely return to normal, albeit slowly, as the economy begins to recover from the COVID-19 pandemic, while lower-pay, lower-skill jobs will be the slowest to recover, business experts said during a Des Moines Business Record panel discussion on the state of the labor market and the […]

Restaurants, retail stores and fitness centers can reopen on May 1 in 77 of the state’s 99 counties that have shown stabilization and downward trends in coronavirus cases, Gov. Kim Reynolds announced today. Polk, Dallas, Jasper and Marshall counties in Central Iowa are among those where restrictions will not be lifted.  The announcement came as […]

While some Iowa businesses received a boost from small business assistance grants disbursed by the state, others, battered by social distancing restrictions and layoffs as a result of the coronavirus pandemic, continue to languish, worrying how long they can survive. “It was heartbreaking and added salt to the wound,” Cassie Sampson, owner of East Village […]

Here’s what you need to know from today’s Des Moines Airport Authority Board meeting. 1.The board received a summary of the economic effect the coronavirus is having on the airport’s operation. This comes after it was announced Monday that the airport would close Concourse A because of reduced travel.  The airport has seen a 48% reduction […]