Economy

Economy & Business news

Quad City International Airport

Traffic at the Quad City International Airport dropped sharply in May, as the pandemic continued to hurt commercial air travel. The total number of passengers dropped 89 per cent  - from 32,000 in May of last year to 3,500 last month.

For small businesses, 2020 has been anything but business as usual. And for those of us in the business of beauty, we learned just how essential our “non-essential” businesses really are! The fact that there was nowhere to go and nothing to do during the more than 2-month-long nationwide shutdown didn’t stop our clients from wanting their hair and nails done. Too many queens just couldn’t bear the thought of an unkept crown. After weeks of pleading for an appointment, one of my clients texted a crying face emoji with a message stating her scalp had stopped breathing!

WVIK News

Major improvements are underway at one of the first residential developments in downtown Rock Island. Economic Growth Corporation opened the Renaissance Lofts and Goldman Lofts nearly 20 years ago.

Michelle O'Neill / WVIK News

John Deere is making changes to meet customer needs and do it faster.

Michelle O'Neill reports today, the company announced it's re-structuring and implementing a new operating model. 


submitted / Dory's Hallmark, Terry Lawrence

The co-owner of Dory's Hallmark stories in the Quad Cities is eager for customers to come back. The card and gift shops are located in North Park and South Park Malls. 

Herb Trix has more.


submitted / Quad Cities Chamber of Commerce

Owners of businesses in the Illinois Quad Cities are asking Governor J.B. Pritzker to allow them to re-open at the same pace as Iowa Quad Cities businesses. 

Michelle O'Neill reports Monday morning, the Chamber of Commerce, elected officials, and business leaders discussed the damage being done to the regional economy by the lack of balance.


Schnucks

The Schnucks grocery store in Bettendorf is going to close. Friday the company announced it will close permanently on August 16th, and that all of its 80 employees will be able to transfer to other Schnucks stores.

submitted / Visit Quad Cities

After lots of research, Visit Quad Cities is ready to implement its new Destination Vision and Strategic Plan. The agency hired Resonance Consultancy to produce the 86-page final report. 

Automobile dealers in Illinois were among the hardest hit businesses during the state’s COVID-19 stay-at-home period.

Thanks to the pandemic, unemployment in the Quad Cities has reached the highest April level in nearly 40 years. Our jobless rate hit 15.2 per cent last month - reaching a level last seen here during the farm crisis in the early 1980's (1983).

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