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Improvements Expected In Iowa Economy

Improvements Expected In Iowa Economy

Photo: clipart.com


Most of the CEOs of Iowa’s largest companies are expecting improved sales and steady or slightly higher employment levels over the next six months. The Iowa Business Council (IBC) has released its first quarter Economic Outlook Survey and executive director Elliott Smith says it’s not much different than the surveys conducted in 2014.


The IBC’s first quarter Overall Economic Outlook Survey Index was 65 – the same as last quarter and three points ahead of this time last year. The index uses a 100 point scale, with a score over 50 considered “positive sentiment.” Around 80-percent of the CEOs surveyed expect higher sales over the next six months. They’re also optimistic about adding workers.


Specifically, 55-percent of the CEOs anticipate hiring more employees over the next six months, while 40-percent expect “no change” in employment levels.