Economy

Economy & Business news

WVIK News

Unions and contractors in the Quad Cities are trying to protect jobs and the local economy. Monday they announced their opposition to what they call the "Federal Aid Swap" - where the Iowa DOT "swaps" or converts federal dollars into state dollars, to avoid federal requirements for fair wages, environmental protection, and buying American.

Davenport Radisson Hotel

Despite being on the edge of where downtown Davenport is under water, it's business and usual for Radisson Hotel on East Second Street.

Unemployment rose in the Quad Cities last month. The jobless rate here rose from 4.5 per cent in March of last year, to 4.9 per cent last month, but that's actually good news.

On Midwest Week, after being vacant for about six months, a shopping mall in Galesburg may soon have a new owner, and could re-open.

Unemployment held steady in the Quad Cities last month, at 4.8 per cent, the same as in February of last year. 

Retirements and new agents helped Modern Woodmen have a good year, last year. This week, the fraternal benefit society based in Rock Island reported its results for 2018, and they include continued growth in life insurance, assets, and net income.

WVIK News

Residents and business owners can help plan the future of one of Moline's busiest streets. Wednesday night the city will hold an open house to look at possible future plans for the Avenue of the Cities.

It may not seem like it, but rising unemployment in the Quad Cities at the beginning of the new year signalled a strong economy. Unemployment here rose to 5.5 per cent in January, from 5.1 per cent a year ago.

Bustos Leads New Caucus

Mar 13, 2019
Office of Cheri Bustos

Illinois Congresswoman Cheri Bustos has helped organize a new "interest group" in the US House. Wednesday she announced the formation of the Air Cargo Caucus, a bi-partisan group of House members with large air cargo operations in their home districts.

The Quad Cities is no longer under consideration for hundreds of federal jobs scheduled to leave the Washington DC area later this year. Tuesday the US Department of Agriculture announced the list of possible sites has been reduced from 136, to 67.

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