Iowa Bankers Insurance & Services, Inc. Iowa Bankers Mortgage Corporation
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Iowa Business Council Projects Positive Economic O

Archived Industry News:Iowa Business Council Projects Positive Economic Outlook

Last Updated: 10/8/2020 3:05 PM

Iowa Business Council Projects Positive Economic Outlook

The Iowa Business Council released its third quarter Economic Outlook Survey for 2020. The survey's overall economic outlook index rose to 58.71, increasing 17.46 points from the second quarter of 2020. Measuring above 50 for the first time since the fourth quarter of 2019, this finding represents a significant increase in economic sentiment. 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. While the survey does indicate a positive economic outlook, IBC members continue to cite challenges associated with attracting and retaining a talented workforce and continued uncertainty surrounding COVID-19. More than half (55%) of members expect sales to be higher in the next six months, 41% expect employment to increase and 45% expect capital spending to be higher. Learn more.

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Iowa Bankers Insurance & Services (IBIS) offers Iowa banks a full line of insurance products.

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Iowa Bankers Mortgage Corp. (IBMC) offers the products & experience Iowa banks need in the secondary mortgage market.

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