Report: Iowa economy headed for recession (The Gazette)

2 October 2008, 10:02 pm

DES MOINES and#8212; Economic conditions in Iowa are moving toward a contraction or mild recession, state officials cautioned Thursday.The state Department of Revenue's index of leading economic indicators for Iowa declined for the fifth straight month in August and the downward trend is expected to continue as the state creeps toward a net job loss expected by early to mid-2009."We think that ...... read more

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