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Econ Prof: Jobs Creation will Come Later

Posted: Saturday, February 6th, 2010 at 5:54 am

press play to hear from U of I Econ Prof. Chuck Whiteman

Iowa’s leading economic index was up in of January, and the Associate Dean at the University of Iowa’s Tippie Business College says it suggest the state is pulling out of the recession. However, Professor Chuck Whiteman says it will be a bit longer yet before unemployment numbers start to come down. The Iowa Department of Revenue regularly releases an index of “leading indicators.” It measures things like agriculture price futures, the Iowa Stock Market Index and diesel fuel consumption.