Economic Outlook Survey

The second quarter Economic Outlook Survey for 2018 was released on July 5, 2018 with 90 percent of the Iowa Business Council members anticipating higher sales in the next six months. To support this projected growth, two thirds of IBC members expect to add to their workforce, and 60 percent project an increase in capital spending.  

This confident outlook points to the strength of the current economy, which is reflected in the rather significant increase in the survey’s overall index number from last quarter (up from 64.5 to 69.5). The overall index number is a numeric measure that gauges business sentiment with any number over 50 indicating a positive perspective of the economy. 

Despite the continued growth prompted by the strong economy, over 80 percent of the IBC businesses cite attracting, developing and retaining a quality workforce as their primary business challenge. This figure is up 15 percent from the IBC’s first quarter survey, meaning workforce concerns are mounting. 

To review the press release and expanded results from the Iowa Business Council's 2018 second quarter Economic Outlook Survey, click here

 

Return to Research

Related News

Iowa Business Council members express continued economic optimism in the IBC’s quarterly economic outlook survey released today, with 90 percent of IBC members anticipating higher sales in the next six months. To support this projected sales growth, two thirds of IBC members expect to add to their workforce, and 60 percent project an increase in capital spending. 

read more

Iowa's largest employers expect continued growth for the 2018 economy, with 80 percent of the Iowa Business Council members anticipating higher sales in the next six months. To support this projected growth, IBC members expect increases in both capital spending and employment. 

read more

Our very own Executive Director, Georgia Van Gundy, was interviewed on WHO Radio's weekly show, Focus, regarding our latest Economic Outlook Survey. Check out what she had to say about the survey's results and the members' concerns regarding Iowa's workforce. (Interview starts at 12:35 in the recording).

read more

Iowa's largest companies report a positive outlook for the 2018 economy.  According to the Economic Outlook Survey, a majority of the Iowa Business Council members anticipate an increase in sales, capital spending, and employment during the first half of 2018. 

read more