Economy

Economy & Business news

Scott County Board of Supervisors

The Quad Cities may take a different approach to promoting transportation and trade on the Mississippi River.

The New Captain's Table

Sep 4, 2019
WVIK

A year and-a-half after a popular Moline restaurant was destroyed by fire, construction will start soon to re-build it. Wednesday city and company officials broke ground for the new Captain’s Table, at Marquis Harbor.

The University of Illinois released the latest Flash Index numbers. 

At 105.1, it’s the lowest level this year. It was at 105.4 in July. Economist Fred Giertz  says any measure over 100 indicates an expanding state economy.

“So it’s a slight decline, which means the economy is still growing, but not as rapidly as it was a few months ago," he said.

submitted / MetroLINK

This is the final weekend the Channel Cat Water Taxi will run on its regular schedule for the season.

Tomorrow through Monday, MetroLINK's boats will take passengers on Mississippi River trips from 9:00 am until 7:30 pm.

New Leader for Deere

Aug 29, 2019
Deere and Company

A new leader will soon take over at John Deere. Thursday the company announced directors have chosen John May to become Chief Executive Officer in November.

Anderson 400 Certification Team

Hundreds of acres near the Quad Cities, and overlooking the Mississippi River, are now ready for development. Wednesday Iowa Governor Kim Reynolds toured the property and officially added the Anderson Green Business Park to the state's list of "certified sites."

Illinois’ recent innovation bump could be a sign of bigger trends to come. 

The next step in boosting the economy of a rural county near the Quad Cities is jobs. Each week an organization called Mercer County Better Together emails a list of job openings collected by a regional group called the American Job Center.

Unemployment held steady in the Quad Cities last month at 3.9 per cent, the same rate as in July a year ago. 

Transportation for Illinois Coalition

Illinois legislators usually get nothing but grief when they raise taxes, but this summer a group is touring the state to say "thanks" for raising the gas tax. Wednesday the Transportation for Illinois Coalition visited the Quad Cities to recognize two members of the General Assembly who voted "yes."

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