Economy

Economy & Business news

You see half of a dark blue car with the words, "March 19, 2017 Arconic Announces Multi-Year Deal with Toyota
http://www.arconic.com/global/en/news/newsroom.asp / Arconic

Arconic plants in Illinois and Iowa are now the exclusive suppliers of aluminum to Toyota for its Lexus RX. The SUV is Toyota's first car made in North America to include aluminum sheet in its exterior panels. Arconic announced the deal last week.

An Arconic official says the benefits of using aluminum in vehicles include better gas mileage, improved safety, and the ability to carry or tow more passengers and cargo.

Illinois Unemployment Rate Declined Last Month

Mar 24, 2017

The Illinois Department of Employment Security says the state's unemployment rate fell below six percent in February. The drop to 5.4% leaves Illinois' jobless rate at its lowest since late 2007.

New American Economy

A new study shows the impact of immigrants on the local, state, and national economies. A group called the New American Economy used census data to look at all 435 congressional districts.

For this study, the group used the term immigrant to mean any person born outside of the United States, whether legal or not.

Gary Camarano

China could help boost the economy of Whiteside County and northwest Illinois. That's the goal for Tuesday's visit by the Chinese Consul General from Chicago.

Sam Dunklau

City officials in Davenport want to help local teenagers find summer jobs. Next month, The city and Iowa WORKS will host a job fair for high school students.

Iowa WORKS is an state employment resource agency.

Mike Mozart / Flickr

Another national retailer is going to close some stores, but the list does not include any in the Quad Cities. On Friday, J C Penney announced it will close 138 stores in the next few months due to slowing traffic and sales. 

As the new year started, unemployment fell in the Quad Cities - to 6.3 per cent in January, from 6.7 per cent in the same month a year ago. 

A 8-9 year old girls wearing safety glasses works with a machine and brush.
https://is.gd/Uh6DoO / The Manufacturing Institute

Manufacturers need women to help fill jobs, and women can find fulfilling careers in the industry. Tuesday night in Davenport, the Manufacturing Institute and Arconic Foundation will help women learn from each other about opportunities, challenges, and best practices in the field.

Grants for Storm Victims

Mar 10, 2017

Help is available for people affected by this week's severe storms and tornadoes in eastern Iowa. Thanks to the governor's disaster declaration announced on Wednesday, residents of Scott and Muscatine counties are eligible for grants of up to 5,000 dollars if they meet income guidelines.

WVIK News

To help recover its costs for the development of the former Case plant property along the riverfront, East Moline will establish a special district. Monday night the city council will consider designating The Bend Business District.

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