Economy

Economy & Business news

Quad Cities Chamber of Commerce

What had been a vacant lot in downtown Davenport will soon be the site of new apartments and commercial space. Construction has started on a building called "Urbane 210." 

Mike Miller, CEO of River Bend Foodbank
WVIK News

The River Bend Foodbank continues to provide record numbers of meals to people in northwestern Illinois and eastern Iowa. Michelle O'Neill reports.


https://mail.google.com/mail/u/0?ui=2&ik=0fc56ec1c9&view=lg&permmsgid=msg-f%3A1677278675688790197&ser=1 / Bureau of Transportation Statistics

(Press release from the U.S. DOT)

U.S. airlines carried 73% fewer scheduled service passengers in July 2020 than in July 2019, according to preliminary data filed with the Bureau of Transportation Statistics (BTS) by 18 airlines that carry more than 90% of the passengers.

WVIK News

The Quad Cities is one step closer to being ready to host passenger rail service, whenever it eventually begins. Last week, a pedestrian bridge was lifted into place connecting Metro LInk's Centre Station in downtown Moline and the future train station across the tracks.

The cost of water for residents of the Quad Cities and Clinton may go up next year. Friday afternoon, Iowa American Water announced a request to the Iowa Utilities Board for an overall rate increase of about 9 per cent, and for residential customers, 14 per cent.

Although still high, unemployment in the Quad Cities is slowly recovering from the effects of the pandemic. Unemployment rose to 9.1 per cent in July, from 3.9 per cent in the same month a year ago. 

submitted / Deere & Company

Despite a worldwide pandemic and recession, Deere and Company is still making money.

Michelle O’Neill reports.

Leisure travelers may be the reason traffic at the Quad City International Airport continues to recover. After dropping to just 2,700 total passengers in April, it's increased steadily, and reached 22,000 in July.

401kcalculator.org

Congress is debating a second emergency relief package, but some Americans still haven't received their first stimulus check. A group of non-profits has formed a coalition called Get My Payment Illinois, and it's working to fix that.  

Riverfront Improvement Commission

The city of Davenport has just spent a lot money improving a downtown landmark. On Sunday, a ribbon cutting will be held for the new deck at the Freight House.

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