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Index forecasts modest improvement in Iowa economy
Dave DeWitte
Apr. 3, 2012 11:42 am
The index used by state officials to forecast state revenues increased slightly for the fifth consecutive month in February.
The Iowa Leading Indicators Index increased 0.1 percent to 104.7, the Iowa Department of Revenue reported. The six-month annualized change in the index became positive for the first time in six months.
The recent movement of the index suggests that Iowa employment growth will be positive but slow this spring, the department said in a statement.