Iowa Manufacturers Look to Innovation and Technology in the First Quarter of 2023
15 Dec 2022
Iowa manufacturers expect to make capital expenditures in the first quarter of 2023, according to the latest Iowa Association of Business and Industry (ABI) Quarterly Business Survey. ABI sent this survey to its board in late November.
- Survey results show 67 percent of respondents plan to make capital expenditures in the first quarter of 2023, which is a slight increase from the fourth quarter of 2022.
- Twenty-three (23) percent of respondents expect sales to expand in the first quarter of the new year, a 15 percent decrease from the fourth quarter of 2022. 47 percent expect sales to stay about the same in Q1.
- Sixty-seven (67) percent of respondents expect the number of employees in their businesses to stay about the same. Only 8 percent expect the number of employees to decrease.
More Topics
LEGACY EVENTS SET TO OPEN IN DOWNTOWN JEFFERSON
Dec 15 2022A new business has been announced to join the Jefferson area. Legacy Events is an event rental, supplies, and event management business owned and operated by Abby and Alex McConnell of Jefferson. Legacy Events will be located at the prior Stitch location, 217 E Lincoln Way in Jefferson. Doors plan...
Region XII Receives Nearly $500K From Federal Home Loan Bank For Owner-Occupied Housing Rehab Program
Dec 14 2022The Federal Home Loan Bank (FHLB) of Des Moines announced earlier this week that Region XII Council of Governments had been approved for nearly a half-million dollars in funding to support affordable housing in its service area. A total of $473,875 is being awarded to Region XII for use in...
AUDUBON – As part of the National Rural Health Day celebration, Audubon County Memorial Hospital and Clinics announced it has been recognized with a 2022 Performance Leadership Award for excellence in Quality. Compiled by The Chartis Center for Rural Health, the Performance Leadership Awards honor performance among rural hospitals in...