Business leaders optimistic about state economy
As the Dow Jones Industrial Average rose nearly 400 points today, a panel of business and economic development leaders from Iowa shared the same sentiment as investors on Tuesday when it comes to the economy -- optimism.
"The Iowa economy today is very strong," Michael Tramontina, director of the Department of Economic Development, said today at an event sponsored by IowaPolitics.com, Drake University and Mediacom.
Tramontina and other members of the panel of business experts all highlighted Iowa's agricultural economy for insulating the state from trends that have appeared to be slowing the national economy. Economic development continues to flourish in Iowa, said Tramontina, who added there are more concerns over a pending workforce shortage than job losses or other potential economic downturns.
posted by Administrator @ 5:37 PM
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