IBC's 2019 Q4 Economic Outlook Survey Released

December 30, 2019

FOR IMMEDIATE RELEASE: December 30, 2019 

 RELEASE: Iowa Business Council Members See a Positive Start for 2020  

DES MOINES – Today, the Iowa Business Council (IBC) released its final Economic Outlook Survey for 2019. Business leaders expect higher sales headed into 2020 and remain positive overall about Iowa's economic climate.

The survey measures members expectations for sales, capital spending and employment for the next six months. If the index measures above 50, sentiment is positive. This quarter, the survey averaged just above 60. The index is down five full points since the first quarter of 2019, indicating some economic trepidation as the year comes to a close. Members cite potential upcoming disruptors as the current and upcoming political environment, change in consumer habits and regulation. 

"We are optimistic for Iowa's overall economy as we conclude 2019," IBC Executive Director Joe Murphy stated. "As we look to 2020, the Iowa Business Council will continue to champion solutions that create a streamlined and competitive tax climate, implement programs that actively cultivate a workforce pipeline, and collaborate with other organizations to increase Iowa's overall population and diversity." 

To review the full release, check the 2019 fourth quarter Economic Outlook Survey.

 

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The IBC's Economic Outlook Survey shares projected trends for the state's economy, which can then be utilized throughout Iowa for business and economic planning purposes. IBC members participate in this survey quarterly.  Check out the full report for the latest anticipated trends in employment, sales, and capital spending. 

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