CIRAS Digest: Friday, August 7, 2015

  • First, the headline you’ve probably already seen (except for this version, because it’s on Iowa Public Radio): Numbers out this morning show the U.S. Economy added 215,000 jobs in July.
  • ICYMI, that controversial, heavily subsidized and not-yet-built Lee County fertilizer plant is going to be owned by someone else. According to The Des Moines Register, it changed hands as part of an $8 billion corporate deal.
  • Speaking of fertilizer, KCCI-TV in Des Moines quoted the U.S. Department of Agriculture earlier this week as saying Iowa cropland values dropped more sharply than anywhere else in the nation in 2014. (This follows a 56 percent increase in Iowa cropland values between 2011 and 2014.)
  • Elsewhere on KCCI-TV, the station says Sears is going to close its store in Mason City in November.
  • And speaking of the mall, remember that this weekend is Iowa’s Sales Tax holiday. Iowa City retailers expect to be busy.
  • Finally, The New Yorker has an article arguing that the focus by political candidates on restoring manufacturing jobs is misplaced, and we really ought to just worry about producing high quality jobs. The headline is “What’s so Great about Manufacturing?”

Thanks for reading.

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