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Old 11-22-2015, 09:48 AM
 
Location: Jonesboro
3,637 posts, read 3,615,180 times
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The data measures all of the Iowa metros except for Des Moines & Omaha-Council Bluffs.
Other than the Quad Cities area, all of the smaller Iowas metros rank fairly high by the FRBA data measurements.

https://www.frbatlanta.org/commdev/c...37f1-258649045
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Old 11-22-2015, 11:54 AM
 
6,140 posts, read 5,764,962 times
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Well, good for Sioux City!! I compared it to Sioux Falls SD and Rochester MN and was surprised that Sioux City did better than those two cities in many areas.


Cool website! Thanks!
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Old 11-22-2015, 12:32 PM
 
Location: Sioux Falls, SD area
3,786 posts, read 5,133,334 times
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Quote:
Originally Posted by 601halfdozen0theother View Post
Well, good for Sioux City!! I compared it to Sioux Falls SD and Rochester MN and was surprised that Sioux City did better than those two cities in many areas.


Cool website! Thanks!

If Sioux City scored higher than both Rochester, MN and Sioux Falls, SD their "research" has more holes in it than swiss cheese.
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Old 11-22-2015, 01:16 PM
 
Location: Jonesboro
3,637 posts, read 3,615,180 times
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Default A Federal Reserve Bank..

Quote:
Originally Posted by jmgg View Post
If Sioux City scored higher than both Rochester, MN and Sioux Falls, SD their "research" has more holes in it than swiss cheese.

It's true that Sioux Falls & Rochester both have had a several decade long history of doing much better than Sioux City on many economic fronts. The more current stats gathered by the Atlanta Fed were weighed on their potential to impact the trends of the future, which is of course unknown and was the purpose of the study. Past trends of economic growth or economic malaise are not a guarantor of what will come in the future.
Did you by any chance read any of the explanatory info found by clicking on the headings at the study page bottom, such as "Methodology", "Data Definitions & Sources", etc. or learn the definition of "economic dynamism" (which the study was all about) as found directly under the heading title "Methodology"?
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Old 12-01-2015, 05:31 AM
 
387 posts, read 549,665 times
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Quote:
Originally Posted by atler8 View Post
The data measures all of the Iowa metros except for Des Moines & Omaha-Council Bluffs.
Other than the Quad Cities area, all of the smaller Iowas metros rank fairly high by the FRBA data measurements.
Not at all surprising about the Quad Cities tanking in this survey. Oscar Meyer will be eliminating hundreds of positions in Davenport, and John Deere just announced another round of layoffs in Moline. Things will only get worse for the QC area, and nobody has a plan to change it.
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Old 12-02-2015, 09:50 AM
 
Location: Bettendorf, IA
449 posts, read 1,268,633 times
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That's too bad. When manufacturing drastically declined in the early/mid 1980s it seems the Quad Cities has never really recovered. Despite the constant rebuilding of Davenport's downtown, the area seems to be ever so slowly slipping away.


Quote:
Originally Posted by funksoulbro View Post
Not at all surprising about the Quad Cities tanking in this survey. Oscar Meyer will be eliminating hundreds of positions in Davenport, and John Deere just announced another round of layoffs in Moline. Things will only get worse for the QC area, and nobody has a plan to change it.
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Old 12-02-2015, 09:13 PM
 
387 posts, read 549,665 times
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Quote:
Originally Posted by scimitar12 View Post
That's too bad. When manufacturing drastically declined in the early/mid 1980s it seems the Quad Cities has never really recovered. Despite the constant rebuilding of Davenport's downtown, the area seems to be ever so slowly slipping away.
The Iowa side is basically stagnant (very slow growth; most of that happening in Bettendorf) and the Illinois side is losing population. You'd think the QC area would have learned their lesson from what happened in the 1980s with Farmall, Case, and Caterpillar...but they did not.

The Arsenal is probably going to be the next big domino to fall. It's an outmoded facility for a military that is rapidly changing the way it fights wars. Traditional armaments may have been useful in the 1950s and 60s when America fought actual standing armies. However, warfare these days is conducted in a much different manner with much different personnel. The Arsenal seems ill-prepared to make that transition. Plus, the federal government is looking for fat to trim from the budget. Another round of BRAC will surely inflict pain on antiquated military installations like the RI Arsenal.
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Old 12-03-2015, 10:29 AM
 
Location: Bettendorf, IA
449 posts, read 1,268,633 times
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Other cities have made the painful transition from manufacturing to a more diverse economy emphasizing STEM industries. Pittsburgh is a great example. Many new jobs there revolve around Hi Tech. Locally to the QC, the Cedar Rapids-Iowa City corridor has expanded with technology companies. It's no silicone valley, but hey, it's something. I think the problem the QC has is it's never had one or two major Hi Tech industries that serve as an anchor for similar companies to move to the area. CR has Collins Radio (Rockwell Collins) plus the University of Iowa. I work for a large contractor company in DC and run into engineers that either worked for Collins or know of the company and its involvement with the government. Pittsburgh is home to a growing inventory of Hi Tech firms, but one of the major anchors is Carnegie Mellon's famous Software Engineering Institute (SEI). The QC can redevelopment their downtowns all they want. And the building of the large retail shopping area in NE Davenport is okay for the size of the city, but all that did was trade older shopping areas for a new one. However, until the QC actively promotes Hi-Tech firms to either re-locate to the QC or provide incentives and an environment to build locally, I don't see anywhere for the QC to go except tread water, if not slowly die.


To be fair, I am not trashing the QC. I was born and raised there and I hate to see the area melt away. When we retire my wife and I are planning on moving to Davenport as we still have lots of friends and relatives living there.


Quote:
Originally Posted by funksoulbro View Post
The Iowa side is basically stagnant (very slow growth; most of that happening in Bettendorf) and the Illinois side is losing population. You'd think the QC area would have learned their lesson from what happened in the 1980s with Farmall, Case, and Caterpillar...but they did not.

The Arsenal is probably going to be the next big domino to fall. It's an outmoded facility for a military that is rapidly changing the way it fights wars. Traditional armaments may have been useful in the 1950s and 60s when America fought actual standing armies. However, warfare these days is conducted in a much different manner with much different personnel. The Arsenal seems ill-prepared to make that transition. Plus, the federal government is looking for fat to trim from the budget. Another round of BRAC will surely inflict pain on antiquated military installations like the RI Arsenal.

Last edited by scimitar12; 12-03-2015 at 10:52 AM..
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Old 12-09-2015, 07:21 AM
 
Location: MetroWest Boston
317 posts, read 335,420 times
Reputation: 412
Quote:
Originally Posted by scimitar12 View Post
That's too bad. When manufacturing drastically declined in the early/mid 1980s it seems the Quad Cities has never really recovered. Despite the constant rebuilding of Davenport's downtown, the area seems to be ever so slowly slipping away.
This is the sad story of all of the Iowa river towns...I think Dubuque is the only one that is trending upward.
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