Economy

Economy & Business news

submitted / Quad City International Airport

Even without a federal holiday, the Quad City Airport attracted nearly the same number of passengers last month as in October 2016. Traffic dropped only 1% in October with 31,900 people departing from the local airport. But for the year so far, passenger traffic is down nine percent.

https://www.aem.org/AEM/media/docs/Statistics/17-10-USAG.pdf / AEM

The Association of Equipment Manufacturers recently released figures for US tractor and combine sales for last month. Deere posted its October 2017 presentation today. Both reports show increases in retail sales for agricultural equipment. 

Deere Retail-Sales Oct17 by Michelle O'Neill on Scribd

Holiday Shopping Safety

Nov 24, 2017
WVIK News

The holiday shopping season begins in earnest this weekend, and police have some advice on how to enjoy it and survive it safely.

WVIK News

Another month, another drop in unemployment in the Quad Cities. Figures from the Illinois Department of Employment Security show the rate fell from 5.2 per cent in October of last year, to 4.1 per cent last month.

Deere Earnings Increase In 4th Quarter, 2017

Nov 22, 2017
Charles & Hudson / Flickr

Deere and Company is recovering from three years of a global farm recession and weak construction markets. 

WVIK News

The new defense bill may bring more business and people to the Rock Island Arsenal. That's the goal of a key provision sponsored by Congresswoman Cheri Bustos from East Moline, to require the military to first use space at existing bases and facilities before going elsewhere.

Deere and Company

After being battered for three years in a row by a global farm recession and weak construction markets, this year should be a welcome improvement for John Deere. The maker of farm and construction equipment based in Moline is scheduled to release its report Wednesday for the fiscal year that ended October 31st.

Deere Returns to Cuba

Nov 8, 2017
Deere and Company

John Deere "green" could soon start making an appearance in farm fields in Cuba. Last week, the company announced an agreement to sell tractors to the Cuban government. 

Iowa 80 Truckstop

The world's largest truck stop is remodeling and expanding. The Iowa 80 Truckstop, at Walcott along I-80 in eastern Iowa, has started a 10 million dollar project to expand the food court and add more retail space.

Book World Closing

Nov 1, 2017
Book World

A Wisconsin-based chain of book stores, with several in northwestern Illinois, is going out of business. Wednesday Book World announced it will close all 45 of its stores in 6 states.

Pages