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Quad Cities Chamber Blog
QC, That's Where the Quad Cities Chamber and area businesses in our family of communities are advancing regional prosperity and advocating for economic growth along the Mississippi River.
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Amazon’s WIO4 last-mile delivery station brings jobs, economic momentum to the QC
May 15, 2026
The new 96,000 square-foot Amazon last-mile delivery station, WIO4, in Davenport brings 675 new jobs to the QC; processes over 26,000 packages per day.
QC region ranks 5th in Top 10 Mississippi River Corridor metros for economic development projects
March 11, 2026
The Quad Cities region ranks 5th in Top 10 Mississippi River Corridor metros for 2025 economic development projects; Illinois ranks 2nd for Governor's Cups Rankings.
$175 Million investment marks major expansion at Arconic Davenport Works
February 28, 2026
Arconic Davenport Works is investing $175 million in a new Pit 10 expansion adding a state-of-the-art aluminum casting complex to the facility, creating 40 new jobs.
R&D options in the QC just got better
January 28, 2026
Most Quad Cities manufacturers may not realize they have direct access to one of the region’s most advanced research and development assets, an Iowa State University–operated laboratory designed specifically to help businesses innovate, test new ideas and solve complex production challenges.
Electro Freeze announces relocation to support growing customer demand
December 22, 2025
Electro Freeze®, a Welbilt® company and a global leader in frozen treat machine innovation and manufacturing, announced its intent to relocate its operations from East Moline to a new facility in Davenport. The estimated capital investment for the project is $16.3 million with 169 jobs retained and approximately 83 future jobs created.
Grow QC and the QC Chamber missions remain strong heading into 2026
December 17, 2025
Here’s a look at what Grow Quad Cities and the Chamber have been focused on as we head into 2026.
Quad Cities named Technology Community of the Year at TAI Prometheus Awards
November 7, 2025
Innovation in the Quad Cities is getting statewide recognition. Our region has been named Technology Community of the Year by the Technology Association of Iowa (TAI) at the 20th Annual Prometheus Awards, held Thursday, November 6, in Des Moines.
Makers on the Move bus tour visits ALM Positioners in Rock Island
October 10, 2025
Manufacturing leaders from across Illinois visited Rock Island on Friday, as the bus rolled in for a stop at ALM Positioners to celebrate Manufacturing Month. It was the 4th annual tour sponsored by the Illinois Manufacturers’ Association (IMA) and the Illinois Manufacturing Excellence Center (IMEC), wrapping up a 7-day trek to manufacturing facilities, colleges and community centers throughout Illinois.
LMT Defense expands operations in Eldridge, adding jobs and investment in the Quad Cities
October 2, 2025
LMT Defense, a leading manufacturer of defense products for the U.S. Armed Forces and law enforcement agencies worldwide, is expanding its footprint in the Quad Cities. The company will establish a…
Grow QC travels to Japan with State of Illinois for Conference
September 12, 2025
Peter Tokar III, President & CEO of Grow Quad Cities attended the Midwest U.S. - Japan Association's 55th Conference in Tokyo.
Teaming up to launch career-ready training
June 24, 2025
A collaboration between Eastern Iowa Community Colleges (EICC) and Quad Cities regional companies like LyondellBasell (LYB), ADM and 3M is introducing a new fast-track Process Technology (P-Tech) program—designed to prepare students for in-demand careers in chemical and manufacturing industries. This program reflects our region’s commitment to align education with real-world career opportunities.
Davenport welcomes new Amazon last-mile facility as company expands in the QC
May 20, 2025
To meet growing customer demand, Amazon plans to build its second facility in Davenport, a 114,000 square-foot last-mile delivery station near the current Amazon Robotics Fulfillment Center at 2022 Research Parkway. Launch plans for this delivery station are in the very early stages, with construction scheduled to start in the coming weeks with anticipated completion in late 2025.
Global site consultant cites ease of travel, riverfront and culture as key assets of QC
May 6, 2025
The Quad Cities is easy to get around, has beautiful riverfronts and an impressive line-up of events and activities. These are some of the key assets of our region as reflected by global site consultant Jeff Pappas of Newmark Group, a commercial real estate advisory and services firm, who recently toured the Quad Cities and offered candid insights into the region’s office market.
Yellow Cab Company rolls into the QC
April 22, 2025
Need a ride? Yellow Cab Company, Iowa's largest taxi transportation provider, is proud to announce it's now servicing the Quad Cities area.
Quad Cities manufacturers awarded over $315K in Iowa state tech grants
April 22, 2025
Several manufacturers in the Quad Cities region have been awarded more than $315,000 through Iowa’s FY 2025 Manufacturing 4.0 Technology Investment Program. The funding supports small- and mid-sized manufacturers as they adopt smart technologies to boost productivity, improve efficiency and remain competitive in Iowa’s largest industry.
The Chamber’s Bill Polley receives Certified Analytics Professional - Expert designation
April 14, 2025
The Chamber congratulates its own Bill Polley, Director of Business Intelligence on his recent certification as a Certified Analytics Professional - Expert (CAP-X). Earners of this badge have met stringent education and work experience requirements and have passed a rigorous, secure examination. It is the highest certification awarded by the Institute for Operations Research and the Management Sciences.
Chamber helps open doors for future workforce
April 9, 2025
This week, more than 50 area high school students and their parents toured Arconic and John Deere Davenport Works to get a firsthand look at careers in manufacturing. These behind-the-scenes visits are more than just field trips—they’re eye-opening experiences to help young people and their families discover career opportunities right here in the Quad Cities.
How legacy businesses survive: Insights on succession planning
April 2, 2025
For many small business owners, retirement isn't just about stepping away—it’s about ensuring their hard work continues on. But without a solid succession plan, businesses risk disruption, financial loss or even closure. Despite this, only about 25-30% of small businesses transition successfully, while the rest often end up liquidated. That’s where the Quad Cities Chamber can help.
Get connected: The power of proximity
April 1, 2025
Chris Caves, the Chamber's Vice President, Business Retention & Expansion, Workforce, challenges us to step outside of our comfort zones for more effective networking. Attend one of the Chamber's many events to get those introductions going.
Quad Cities in Top 10 in Mississippi River Corridor rankings for economic development
March 19, 2025
The Quad Cities region ranked in the Top 10 Mississippi River Corridor metros by Site Selection Magazine. The rankings are based on projects that qualified for the Conway Projects Database between July 2023 and December 2024 by meeting at least one of three criteria: at least $1 million invested, at least 20 new jobs created or at least 20,000 new sq. ft. of space.
Site consultants meet with Chamber team at Allsteel Experience Center in Chicago
February 27, 2025
The Quad Cities Chamber and Allsteel hosted a special event at the Allsteel Experience Center in Chicago’s Fulton Market District, bringing together site consultants and developers to explore the latest trends in workplace design. By showcasing Allsteel—part of HNI Corporation, headquartered in the Quad Cities region—the event reinforced the region’s strong business ecosystem and provided valuable connections between site selectors and the Chamber.
Venture School turns ideas into reality for burgeoning entrepreneurs
February 20, 2025
In celebration of National Entrepreneurship Week, aspiring business owners and innovators in the Quad Cities have an opportunity to turn their ideas into reality. Tippie College of Business is partnering with Eastern Iowa Community Colleges (EICC) and the Eastern Iowa Small Business Development Center to bring the University of Iowa Venture School program to Davenport this spring. Registration ends February 28, with cohort beginning March 3. Attendance is limited to 8 teams, so now is the time to sign up.
City of East Moline Awarded $128,000 Regional Site Readiness Grant from Illinois DCEO
January 30, 2025
The City of East Moline has been awarded a $128,000 grant through the Illinois Department of Commerce & Economic Opportunity’s (DCEO) Regional Site Readiness planning program. The funding will support development efforts for the I-80/I-88 Industrial Site.
Electro Freeze, Nestle Purina exemplify enduring businesses in the QC
January 8, 2025
QC, That’s Where? That’s where innovation meets community roots to create lasting success. Two iconic Quad Cities companies, Electro Freeze and Nestlé Purina, exemplify this legacy.
Electro Freeze, a pioneer in frozen dessert equipment for over 80 years and Nestlé Purina, a global leader in pet nutrition with nearly a century in the QC, have built their success on the region's strategic advantages: a hardworking, skilled workforce, an abundant transportation network and a supportive community.
Professional growth can happen as a result of disruption
December 11, 2024
Many local manufacturers in OEM supply chains are wondering “who” they are to the customers, their employees, to the regional economy and to the global markets. Instead of focusing on challenges, now is the best time to creatively think about solutions.
Many find change uncomfortable, but personal and professional growth often happens as a result of disruption. So, what if we apply a growth mindset to prepare for the new year?
Wisconsin Co., Century Fence expands to Wilton with $4.4M in annual economic impact
October 23, 2024
Century Fence, a leader in the Fence & Pavement Marking Industries has expanded to Wilton, Iowa. With $4.4M in annual economic impact for our region, the 105-year-old Pewaukee, Wisconsin company is currently breaking ground for a 10,000 square foot building.
Douglas Machine & Engineering expands operations with $888K in economic impact
October 9, 2024
Douglas Machine & Engineering is expanding its capabilities with a new CNC production shop in Port Byron, Illinois. With an investment in new machinery and equipment, the project has a total economic impact of $888K.
Accessing the hidden job market
September 18, 2024
When a major employer in the community faces a layoff, a surge of job seekers enters the market at once. Common job search tools like Indeed and LinkedIn are popular, but how do you gain an edge when so many are using the same resources? The key to standing out is to approach your job search differently.
QC That’s Where legacy companies lead the way in equipment manufacturing and food production
September 11, 2024
QC That's Where Crawford Company, Sears Seating and Mama Bosso lead the way in Equipment Manufacturing and Food Production.
Continental Cement celebrates $38M investment in alternative fuel technology
September 11, 2024
Summit Materials, Inc., has completed the first global pre-commercial installation of the FLSmidth FUELFLEX™ Pyrolyzer system, which enhances the use of non-hazardous alternative fuels at its Buffalo, Iowa Cement Plant. This $38 million investment expands Summit’s Green America Recycling operation, enabling the plant to replace approximately 55% of its fossil fuel usage with non-hazardous waste. To celebrate this achievement, the Quad Cities Chamber and Summit hosted a ribbon cutting event at the plant.
Regional Site Readiness Report provides plan for growth
August 28, 2024
The Quad Cities Chamber will focus its business and economic growth strategies in three key areas: strategic partnerships, marketing and site development. These strategic focus areas were identified as a result of a 6-month site readiness study and evaluation conducted by Hickey Global, a full-service economic development consulting firm.
Quad Cities Manufacturing Institute celebrates launch
August 28, 2024
The Quad Cities Manufacturing Institute (QCMI), has launched. This groundbreaking partnership between the University of Illinois, Western Illinois University and Iowa State University aims to create a thriving research and innovation ecosystem that directly benefits local businesses, communities and the workforce.
National site consultants tour the QC, give insights
August 21, 2024
A group of national site consultants noted that our region has a strong and skilled labor pool, extensive experience in metals manufacturing, a wealth of legacy businesses and vital access to raw materials, during a recent Familiarization "Fam" Tour conducted by the Quad Cities Chamber. The group also said they were impressed with the cooperation between the two states for the betterment of our region.
Annual Meeting celebrates successes of FY24
August 7, 2024
The Quad Cities Chamber celebrated major accomplishments over the last year including business expansion projects totaling $122.7 million in economic impact, launching the Generation Next program to…
Resources to assist businesses facing potential layoff decisions
June 20, 2024
Programs that might be of interest to local employers facing layoff decisions are the WorkShare IL program and Iowa’s Voluntary Shared Work Program.
Ranews Companies expands in QC, $33.7M impact
June 18, 2024
Ranews Companies, a Georgia-based manufacturer known for its “Product Solutions” philosophy is celebrating its Quad Cities expansion into Davenport. Company officials joined Quad Cities Chamber leaders in a ribbon cutting on Tuesday, June 18, at the Ranews plant at 8360 Research Drive in the Eastern Iowa Industrial Center.
River Cities Engineering celebrates 20th anniversary and expansion
June 13, 2024
River Cities Engineering commemorated its 20th anniversary and expansion into a new building with a ribbon cutting on June 13. The new building provides the company with 10,000 additional square feet. Ten new jobs were created, with a total number of employees at 60. The new location at 323 Research Parkway in Davenport, is the site of the former Humvee dealership. The move marks a significant milestone for River Cities - providing the company with ample space for its panel shop and room for a new training center.
QC, That’s Where generations of manufacturers thrive
May 30, 2024
Manufacturers have been thriving in the QCs for generations, and the reasons are no surprise - proximity to food commodities, raw materials and an abundant water supply – not to mention access to 3 major highways, rail, barge and air transportation. Meet the companies succeeding here in the QC - PCT Ebeam and Integration, Mississippi River Distilling Company and Agrisolutions.
Local companies awarded grants from Made in Illinois Grant Program
May 14, 2024
Four local businesses were awarded grants from The Made in Illinois grant program this spring. They include Cardinal Plating Solutions; Moline Welding, Inc.; Tri-City Heat Treat; and Whitey's Ice Cream. Each of the companies mentioned received $47,420, with a total regional investment of $189,680. The companies were among 40 small and mid-sized manufacturers across the state to receive grant money from the Illinois Department of Commerce and Economic Opportunity (DCEO) and the Illinois Manufacturing Excellence Center (IMEC).
Celebrating our team during Economic Development Week
May 8, 2024
May 6 - 10 marks Economic Development Week, a time dedicated to recognizing the pivotal role of economic progress in shaping communities. Created by the International Economic Development Council, we celebrate not only the significance of this week, but also the exemplary leadership of the Chamber's team of experts who spearhead our economic development initiatives.
QC, That’s Where livability matters
May 8, 2024
In the realm of economic development, traditional metrics like job growth and infrastructure investment remain critical - but the emphasis on livability has emerged as a defining factor in attracting businesses, talent and investment to communities. For those of us who love the QCs, we see the area as a great place to raise a family, afford a home and enjoy a growing cultural scene. Here are a few of the reasons why a region’s quality of life is not just a luxury, but a strategic necessity for sustainable economic development.
Parr Instrument breaks ground for $22 million expansion project
April 12, 2024
Quad Cities legacy business, Parr Instrument Company broke ground for its $22 million expansion in Moline on Friday, April 12. The company, which celebrates its 125th anniversary this year, will more than double the size of its existing operation at 211 53rd St., Moline.
Sorensen, Miller-Meeks introduce bill to create manufacturing jobs
April 12, 2024
Congressman Eric Sorensen (IL-17) and Congresswoman Mariannette Miller-Meeks (IA-01) introduced the bipartisan Opportunities for Non-developed Sites to Have Opportunities to be Rehabilitated for Economic Development (ONSHORE) Act. The ONSHORE Act establishes the Critical Supply Chain Site Development Grant Program. This program, managed by the Department of Commerce, offers grants to help communities and other eligible groups get sites ready for manufacturing projects in industries that are considered strategically important.
QC Veteran Network connects veterans and employers
April 3, 2024
The Quad Cities Veteran Network has been active in the Quad Cities for the past five years, hosting monthly meetings at local establishments. Founded by Bryan Miller (SERCO) and Dave Underwood (John Deere), the organization serves as a mechanism for helping veterans find jobs after leaving the military.
New Amazon Robotics Fulfillment Center flourishing
March 29, 2024
The greatly anticipated Amazon Robotics Fulfillment Center at 2022 Research Parkway in Davenport opened in October 2023, and in the months since, has employed 1,500 Quad Citizens with plans to hire 300 more in the next month. Jobs at the location offer full and part-time positions starting at $17.50/hour, plus industry-leading benefits. Innovative programs for hourly employees like Career Choice prepay tuition to enhance employees' education and skills training.
Chris Caves completes Certificate in Workforce Development Fundamentals
March 13, 2024
Chris Caves, Vice President, Business & Economic Growth at the Chamber received her Certificate in Workforce Development Fundamentals. This joint certificate program empowers professionals with the knowledge and tools needed to navigate the intersection of economic and workforce development while closing education gaps. Each certificate recipient completed an intensive and comprehensive 6-week curriculum,
Quad Cities recognized for economic development projects in Mississippi River Corridor
March 13, 2024
The Quad Cities region ranked in the Top 10 Mississippi River Corridor metros by Site Selection Magazine. The rankings, which include all metro regions along the Mississippi River corridor, are based on corporate facility investment projects that meet certain criteria.
Iowa 80 Group celebrates Distribution Center opening
March 6, 2024
The Iowa80.com Distribution Center celebrated its grand opening on Tuesday, Feb. 27. This $20 million capital investment includes a state-of-the-art warehouse equipped with advanced technology and an additional 132,921 square feet of available space for lease.
Hickey Global to help Chamber tackle site readiness
February 28, 2024
Hickey Global Economic Development Consulting, a full-service economic development consulting firm, met with the Chamber and its economic development partners this week. David Hickey, Managing Director of Hickey & Associates, and Barry Matherly, President & CEO of Hickey Global, toured sites in both the Iowa and Illinois Quad Cities.
Made in Illinois grant program announced, Chamber integral in creation
February 7, 2024
Last week, the Illinois Department of Commerce and Economic Opportunity (DCEO) announced with the Governor’s Office the Made in Illinois Grant Program. The creation of this funding tool was a direct result of the Chamber's Business & Economic Growth team relentlessly advocating for matching grant funding for manufacturing in Illinois.
Illinois Hydrogen & Tech Hub designation
January 29, 2024
Illinois was awarded funding from the U.S. Department of Energy (DOE) for the Midwest Hydrogen Hub. The $1 billion award hopes to foster a healthy economic environment for the hydrogen production market and create clean energy jobs across the Midwest region.
Site Selection Magazine gives #1 rankings to Illinois & Iowa for workforce development
January 28, 2024
Site Selection Magazine ranked both Illinois and Iowa #1 for workforce development in 2024 for their respective regions.
Chamber reacts to Rock Island State of City address
January 24, 2024
On Monday, Jan. 22, Rock Island Mayor Mike Thoms presented the 2024 State of the City address. Thoms highlighted many items the Chamber supports that align with our legislative agenda’s goals including: supporting small business; encouraging long-term planning for growth, supporting implementation of complete streets in the urban core; promoting redevelopment and revitalization of blighted neighborhoods
Dr. LaDrina Wilson’s farewell message
January 12, 2024
The Quad Cities Chamber gives a heartfelt thanks to Dr. LaDrina Wilson for leading our team over the past 18 months as the Chamber’s CEO. Hear from LaDrina as she bids us farewell and recaps her 18 months with the Chamber.
Bill Ratzburg retires, influential in creating Manufacturing Hub
December 12, 2023
The Quad Cities Chamber congratulates Bill Ratzburg on his retirement! We thank him for creating the Manufacturing Hub and providing guidance to help manufacturers throughout the region.
New President & CEO of Quad Cities Chamber announced
December 6, 2023
The Quad Cities Chamber announced Wednesday that Peter Tokar III, MBA, MEDP will be the next President & CEO starting mid-January 2024. Tokar brings over 17 years of experience serving economic development organizations and municipalities in large markets where regionalism has been a key component of success. He has worked closely with chambers, state and local economic development practitioners, site selectors and elected officials, as well as raised funds from public and private sector sources.
Return to lower inflation and more normal financial market conditions predicted for 2024
December 1, 2023
Kevin Depew, RSM Deputy Chief Economist, was the keynote speaker at the Quad Cities Chamber’s Economic Forecast and provided an in-depth analysis of the national and regional economy to help QC businesses prepare for the coming year.
Weekly Economic Trends and Indicators
November 14, 2023
Payroll jobs increased in the Quad Cities metro area during the month of September, but so did the unemployment rate. While this seems strange, there is a straightforward explanation. This week we examine how this can happen and what indicators to look for in the coming months to determine whether this is a simply an adjustment to a sustainable equilibrium or something more.
Weekly Economic Trends and Indicators
November 7, 2023
Last Friday's report on the U.S. labor market was characterized by many analysts as a "Goldilocks" report--not too hot, not too cold, but just right. Payroll employment increased by 150,000 in October, well below the recent average. We discuss the implications for manufacturing and the prospects for a "soft landing" this week.
CP Supply brings first of its kind printing machine to North America
November 1, 2023
There’s a new first of its kind in North America, and it resides in the Quad Cities at Bettendorf-based CP Supply - a manufacturer of custom-printed corrugated cardboard and corrugated plastic…
Weekly Economic Trends and Indicators
October 31, 2023
U.S. real gross domestic product increased at a robust 4.9 percent rate in the third quarter. Consumer spending and increases in inventories contributed the most to growth. This week we explain what this means for the path of interest rates going forward and how the Federal Reserve will respond to this news.
“Better Together” Amazon launches MLI1 in Quad Cities
October 25, 2023
Amazon celebrated the soft launch opening of their Quad Cities facility with a ribbon cutting. The facility is the latest generation of Amazon fulfillment centers covering over 2.3 million square feet on six floors with over 12 miles of conveyance.
Weekly Economic Trends and Indicators
October 24, 2023
How important is manufacturing to the region's GDP? For four of the six counties in the Chamber's service area, manufacturing's share of GDP is at or above the national average. Nearly one out of every five dollars of GDP in the region can be attributed to manufacturing. As manufacturing month continues, we highlight manufacturing's share of GDP in each of our six counties.
QC, That’s Where manufacturers helped build our region & continue to evolve
October 19, 2023
QC, That’s Where manufacturing helped spark the emergence of our region and continues to build the foundation for our future. It’s where hundreds of manufacturers are creating our region’s legacy as a manufacturing hub while simultaneously creating products that fuel the global economy.
Weekly Economic Trends and Indicators
October 16, 2023
In recognition of manufacturing month, we will feature data on manufacturing this week and next. As of BLS data from May 2022, there were 15,540 people working in production occupations in the Quad Cities metro area, representing nearly 9% of the jobs in the region. When you consider the additional occupations that support the companies in this space, the number of jobs dependent on manufacturing is even larger. This week, we’re breaking down the QC’s top manufacturing occupations and their median wages.
“Makers on the Move” bus tour celebrates QC manufacturers’ contributions to our region
October 11, 2023
The Makers on the Move bus tour came to the Quad Cities to celebrate Illinois manufacturers and their contributions to the state’s largest industry during this Manufacturing Month, making stops at some of our region’s premier manufacturing sites along the way. The tour brought industry advocates, educators, economic development organizations, public officials and other manufacturing stakeholders to the Quad Cities to showcase our innovative manufacturing sector and the high-tech, diverse manufacturing opportunities available in our region.
Weekly Economic Trends and Indicators
October 10, 2023
On Friday, the Bureau of Labor Statistics (BLS) reported that nonfarm payrolls in the U.S. increased by 336,000 jobs in September—well above the expectations of most analysts. Conventional wisdom says that a blockbuster labor report like this would lead to higher interest rates. However, the conventional wisdom might be wrong this time. This week, we go behind the headline and explain the reason for this and what it means for manufacturing.
Weekly Economic Trends and Indicators
October 2, 2023
What does the value of the dollar have to do with economic activity in the Quad Cities? Because the local economy is more reliant on export manufacturing than the average metropolitan area in the U.S., the Quad Cities regional GDP fluctuates with the value of the dollar. This week, we take a look at the numbers behind this phenomenon.
QC, That’s Where Businesses Champion Lasting Change Across our Community
September 28, 2023
QC, That’s Where local organizations are elevating the region through charitable initiatives that have a lasting impact. Through a variety of unique efforts, businesses are paving the way for a brighter future in the Quad Cities by championing the region they call home. We chatted with the Quad Cities River Bandits, IH Mississippi Valley Credit Union and Whitey’s Ice Cream to learn why they believe in the Quad Cities, and how they’re manifesting their belief through giving back to the community.
2024 Public Policy Survey Reveals Valuable Insights from Local Business Leaders
September 27, 2023
Our 2024 public policy survey received more than 100 total responses from our membership. The information we received will directly impact our legislative agenda and help our Business Advocacy Council tap into the needs of the Quad Cities business community. Below, you’ll find some of the highlights from the survey and the actions the Chamber is taking to address them.
New Operations Manager ready to make an impact in Downtown Rock Island
September 27, 2023
The Rock Island Downtown Alliance has an expanded arsenal of resources with recent additions to personnel, equipment and technology – all designed to boost the new organization’s impact on the downtown. The Downtown Alliance doubled its workforce in September with the hiring of Operations Manager De’Andre Robinson, and there’s great excitement about the impact he’s bringing to the new role.
Weekly Economic Trends and Indicators
September 26, 2023
The U.S. economy continues to experience robust growth, which could cause interest rates to remain higher for longer. This week, we take a look at why the financial markets reacted so negatively to last week's Federal Reserve meeting and whether recent developments have impacted the outlook for the rest of the year and beyond.
Weekly Economic Trends and Indicators
September 20, 2023
If you feel like the price of gasoline has been rising lately, it is not your imagination. After spending most of the past nine months in a fairly tight range, U.S. retail gasoline prices broke out of that range in August, rising to $3.954 per gallon. What does this sudden rise in the price of gas portend for the fight against inflation and economic prospects for the rest of this year and next year?
QC, That’s Where Downtown Leaders are Making a Place that Residents Love
September 14, 2023
The Chamber's downtown placemaking organizations are working every day to make QC downtowns a place that people want to live, work and play in. Let's dive into what's being planned in downtown Rock Island, Davenport and Bettendorf.
Weekly Economic Trends and Indicators
September 13, 2023
How well did some of the Quad Cities' key industries recover from the 2020 COVID-19 recession? According to data recently released by the Bureau of Economic Analysis, the Quad Cities experienced a robust recovery during 2021, especially in some of our largest industries. In this week's report, we look at the numbers for construction, manufacturing, and logistics.
Davenport, Bettendorf Students Give Back to their Communities through Bike Racks Project
September 7, 2023
During the 2022-23 school year, welding students from Davenport West High School and Bettendorf High School created 40 bike racks, 20 each to be installed in their respective downtowns. Their inventive efforts are having a positive impact on our region while equipping each student with real-world skills and showing them the power they have to create change in their communities.
Glad you could join us. Welcome new August members!
September 6, 2023
The Quad Cities Chamber welcomed six new members in August. Thank you to each of these organizations for their unique contributions and investment in our region's success- you are making an impact.
Weekly Economic Trends and Indicators
September 5, 2023
Financial markets were anticipating several important pieces of economic data leading up to the Labor Day weekend. There was more evidence that labor demand is decreasing, helping to bring labor markets back into equilibrium. While this should diminish inflationary pressure, the Federal Reserve's key inflation indicators remain uncomfortably high. Is there still hope for a "soft landing?"
Weekly Economic Trends and Indicators
August 29, 2023
Wage growth in the Quad Cities area was slightly below the national average in 2022 in most occupations. However, for certain occupations in high demand industries wage growth was higher than the national average, reflecting the tightening labor market in these key industries. While hiring seems to be slowing relative to the early part of the post-COVID recovery, the strength of wage growth suggests that the demand for labor remains high. In this week's installment, we look at the numbers for these key industries.
Fall 2023 Chamber Event Series: Become Immersed in the QC Business Community
August 29, 2023
No matter your industry or interests, the Chamber Fall Event Series is empowering our members to connect and build relationships with QC businesspeople and leaders. At each event, we provide a stage for you to gain timely, relevant information that ties to the success of your business and our region. Come get connected with fellow members and to fresh ideas so we can create a common thread for our business community to take steps forward towards elevating our region.
Weekly Economic Trends and Indicators
August 22, 2023
The Quad Cities labor market is showing signs of cooling. Unemployment rose slightly in June, and both employment and labor force remain below pre-COVID-19 levels. How much more recovery in labor force should be expected as the economy finds a "new normal?" That is a tricky question as the "gig economy" has made employment statistics harder to interpret. This week, we take a look at those numbers and discuss the "missing" labor force.
Make your voice heard: Take the 2024 Public Policy Survey
August 22, 2023
Each year, we ask Chamber members to complete a short survey to gain insight on issues important to the regional business community. Share your voice and complete the 2024 Public Policy Survey now.
Weekly Economic Trends and Indicators
August 15, 2023
The U.S. trade deficit decreased in June as imports fell while exports held steady. The strong U.S. dollar has been good for consumers, but not for export manufacturers. The Fed's campaign of interest rate hikes and the strength of the U.S. economy relative to the world have kept the dollar strong. A pause in interest rate increases would be welcome news for exporters in the region. What will it take to return the dollar to it's former levels?
Larry Anderson honored with Regional Champion of Change award
August 10, 2023
The inaugural Regional Champion of Change award was awarded to Larry Anderson during the 2023 Chamber Annual Meeting. The Quad Cities is a better place thanks to Anderson’s efforts in building up the community, and he’s the perfect example of what can be accomplished when we invest in our home communities.
Per Mar honored as 2023 Business of the Year
August 10, 2023
Per Mar was awarded Business of the Year at the Chamber's Annual Meeting. Per Mar’s commitment to growth and providing first-class customer service is what makes them this year’s Business of the Year.
Weekly Economic Trends and Indicators
August 8, 2023
The U.S. labor market may be starting to show signs of slowing down in response to rising interest rates. Manufacturing, transportation, warehousing, and temporary help were among the sectors with job losses in July. The threat of recession still remains even as businesses report solid earnings. What effect does this have on the Fed's next move on interest rates?
New Chamber website provides the resources you need, whenever you need them
August 2, 2023
The new Chamber website is now live, and we're here to explain all the features that will make your journey more efficient and enjoyable. The new website will play a key role in providing our members with useful online resources, educating site visitors on the opportunities available in the Quad Cities region and attracting new businesses and talent to the region.
Weekly Economic Trends and Indicators
August 1, 2023
The US economy continues to grow at a healthy rate with a 2.4% increase in real GDP in the second quarter, up from 2.0% in the first quarter. As expected, the Federal Reserve raised short-term interest rates another 1/4 of a percent. Inflation appears to be cooling without much of a slowdown in economic activity. How long can this continue? Wall Street earnings and incoming economic data will hold clues.
Interns working hard, playing hard during InternQC
July 26, 2023
The Quad Cities is a place where residents work hard so that they can play hard, and the 2023 InternQC program has given summer interns a taste of the vibrant lifestyle offered in the region through events that showcase the QC's plethora of opportunities.
Weekly Economic Trends and Indicators
July 25, 2023
There was encouraging news on inflation in June as the Consumer Price Index rose by only 0.2%, which is lower than the average of the last few months. Core inflation and expectations of future inflation also moderated. The question still remains as to how this will impact the Federal Reserve's interest rate decisions for the rest of the year.
Weekly Economic Trends and Indicators
July 21, 2023
The Quad Cities job market continues to be strong with 2500 jobs added during the month of May, according to the Bureau of Labor Statistics (BLS). Leisure and hospitality, government, and professional and business services saw the most gains. Manufacturing jobs are close to a fifteen-year high. However, labor force participation remains below pre-COVID levels.
Site consultant collaborates with QC leaders, provides valuable regional insights
July 18, 2023
The Chamber hosted a national site consultant to gain insights on the QC region’s competitive advantages and strategies leaders can implement to make the QC a more attractive place for business. Over two days, the Chamber team facilitated meetings between the consultant and QC regional executives and leaders through roundtable discussions, factory tours and meetings with regional executives.
2023 Bi-State Legislative Session Recap
July 12, 2023
The State Legislatures of both Iowa and Illinois have concluded their legislative sessions, with consequential legislation passing both Chambers in each state. As a bi-state regional economy, legislation passed in both states impacts all businesses. Here's the legislation you need to know about.
Weekly Economic Trends and Indicators
July 4, 2023
The employment numbers for the month of May in the Quad Cities were "good," but not quite "great." Manufacturing as well as leisure and hospitality have surpassed pre-pandemic employment, but the same cannot be said of all sectors. Labor force participation, especially in services other than leisure and hospitality has lagged even as job growth in the region continues to be robust.
Weekly Economic Trends and Indicators
June 20, 2023
The Federal Reserve held their interest rate target constant last week on the heels of good news on the inflation front. Core inflation remains stubbornly high, which likely means more rate increases later in the year. Perhaps the best part of the news is that inflation expectations continue to fall.
New Business Legislation Emerges from Illinois Legislative Assembly
June 16, 2023
After three years of truncated legislative sessions, the Illinois General Assembly adjourned in the early morning of May 27. Several important pieces of legislation were tracked throughout this cycle involving port districts, healthcare and employment laws. Here is a summary of the top legislation we tracked this year that could impact the people and businesses of the Quad Cities.
Laborshed study surveying Quad Cities residents
June 6, 2023
The Quad Cities Chamber is partnering with Iowa Workforce Development (IWD) and Iowa Economic Development Authority to complete a Laborshed employment study for the Quad Cities area.
Weekly Economic Trends and Indicators
June 5, 2023
The U.S. economy added another 339,000 jobs in May, but the report was not all good news. Manufacturing jobs were flat, and unemployment rose significantly. This complicates matters for the Federal Reserve's upcoming decision on interest rates. While the robust labor market suggests another rate increase may be in order, there is mounting evidence that the economy could slow down enough in the second half of 2023 to warrant a pause in rate hikes.
Weekly Economic Trends and Indicators
May 31, 2023
Last week, we examined the recent history of economic growth in the Quad Cities area. This week, we take a historical perspective on the local labor market. By looking at employment and labor force numbers, we can see how the Quad Cities labor market has been shaped by demographic factors as well as national events such as recessions and the COVID-19 pandemic.
Iowa Lawmakers Close 2023 Session
May 24, 2023
The First Session of Iowa’s 90th General Assembly adjourned Thursday, May 5, 2023. Here is a summary of the top legislation we tracked this year that could impact the Quad Cities, organized by Chamber priorities.
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