Sept. 19 Iowa Economic Round-up: John Deere Lays Off 141 Iowans as Farm Economy Woes Continue
Iowa’s economy has been ranked the worst in the country. President Trump’s own Bureau of Labor Statistics puts Iowa 49th in economic growth and 48th in personal income growth. Even Republicans concede Iowa’s is in a “recessionary economy.” Leaders at the Federal Reserve have warned that Iowa’s economy is particularly vulnerable to Republican tariffs and ongoing trade disputes.
This week, John Deere announced it will lay off nearly 150 more workers in Iowa. To top it off, Iowa Workforce Development released a new report that shows unemployment is rising and 65,000 Iowans don’t have jobs. Here’s what Iowans have been reading this week:
John Deere laying off nearly 150 more Iowa workers
Iowa’s Goss index dips 5.2 points, 75% report negative tariff impact
Baxter will lose its only grocery store
Iowa Ag Secretary Mike Naig calls for U.S. to pursue new markets amid trade war, tariff concerns
Iowa farmers worried for harvest amid tariff disputes with China
Don’t assume Des Moines metro’s rapid growth will continue indefinitely, analyst warns
Iowa manufacturing outlook: rural opportunities, trade tensions and workforce gaps
Coffee prices on the rise, how eastern Iowa cafes deal with costs
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