Economy

For more than a decade, Nancy Bird has been creating positive community improvements, particularly related to economic development growth in Johnson County.

Debi Durham, director of the Iowa Economic Development Authority, told The Gazette last year that the state missed out on luring a large solar energy manufacturer to the state because of a lack of the kind of incentives in the agency’s proposal.

One research organization estimated the economic impact of Caitlin Clark and Iowa women’s basketball’s popularity is between $14.4 and $52.3 million.

Polls show that despite a healthy job market, a near-record-high stock market and the steady drop in inflation, many Americans blame Biden for high prices.

Internet giant Google was named in documents Thursday as the company behind the potential new $576 million data center in Cedar Rapids’ Big Cedar Industrial Center.

Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easing of price pressures this year.

The White House Council of Economic Advisers produced an analysis indicating that the Biden administration’s efforts overall will eliminate $20 billion in annual junk fees. The analysis found that consumers pay about $90 billion a year in junk fees, including for concerts, apartment rentals and auto dealers.

On Tuesday, fresh retail sales data from Mastercard showed that consumers spent big on gifts, meals and apparel in November and December despite inflation's lingering bite.