Economy & Business news

The next step in an effort to plan the future of Mercer County will be taken this weekend. The group called Mercer County Better Together will hold an open house on Sunday at the fairgrounds in Aledo.

Unemployment in the Quad Cities fell again in July - from 5.3 per cent a year ago to 4.4 per cent last month - a drop of nearly one full percentage point. 

Michelle O'Neill / WVIK News

John Deere is hiring again at U.S. factories, thanks to improving conditions in markets for farm and construction equipment. This morning, the company announced third quarter earnings of $642 million, or $1.97 per share compared to $1.55 in the same period a year ago. That's a 27% jump.

Worldwide sales and revenue rose 16% to $7.8 billion.

Bent River Brewing Company

A Quad Cities brewer competed over the weekend at the Illinois State Fair. Bent River Brewing Company, based in Rock Island and Moline, was one of 20 craft brewers from around the state that competed Friday through Sunday to become the state's Official Bicentennial Craft Beer.

Unemployment Fell in June

Jul 27, 2017

Unemployment dropped sharply in the Quad Cities last month. The Illinois Department of Employment Security says it fell from 5.4 per cent a year ago, to 4.5 per cent in June - nearly one percentage point.

Kevin Schmidt, submitted / Mississippi River Distilling Company

The Mississippi River Distilling Company, and its customers, are enjoying the perks of Iowa's reformed liquor law. Co-owner of the LeClaire business, Garrett Burchett, served on the task force that worked out details of the law which went into effect early this month.

submitted / Strategic Behavioral Health

A Tennessee-based company plans to build a psychiatric hospital in Bettendorf after persuading a state council to approve it. Last week, the Iowa Health Facilities Council voted 4 to 1 to give Strategic Behavioral Health permission to provide mental health services from a new, 72-bed hospital.

submitted / Iowa Workforce Development

Iowa Workforce Development says last month, Dubuque gained 700 jobs compared to June of last year. The agency says number of seasonal job losses was light and that helped boost job growth.

QC Chamber of Commerce

The Quad Cities Chamber of Commerce will soon start looking for a new leader. Friday  Tara Barney announced her resignation, in her words, "to pass the torch to new leadership."

Quad City Airport

Traffic dropped 10 per cent at the Quad City Airport in June, continuing a trend that began in January. All four airlines carried fewer people last month, and only one reports a small increase since the beginning of the year.