Flat wages in manufacturing cause Iowaâs economy to dip in February
BY BUSINESS RECORD STAFF Tuesday, March 2, 2021 2:24 PM Iowa’s economy declined slightly in February as wages in manufacturing remained stagnant, according to a survey of supply managers released this week.
According to Creighton University’s Mid-America Business Conditions Index, Iowa’s index fell to 71.1 in February, down from 71.5 in January. Despite the dip, the state’s economy remained well into growth territory.
The index, a monthly survey of supply chain managers in nine states, is a mathematical average of indices for new orders, production or sales, employment, inventories and delivery lead time. It ranges between zero and 100 with an index of greater than 50 indicating an expanding economy over the next three to six months.
Initial Public Offering: What Is An IPO?
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The Top Money Moves To Make for Each Generation
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February 19, 2021 9:29 AM Kate Ashford - Forbes Advisor
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February 22, 2021 9:06 AM
An IPO is an initial public offering. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public.
Many people think of IPOs as big money-making opportunities high-profile companies grab headlines with huge share price gains when they go public. But while they’re undeniably trendy, you need to understand that IPOs are very risky investments, delivering inconsistent returns over the longer term.
How Does an IPO Work?
Going public is a challenging, time-consuming process that’s difficult for most companies to navigate alone. A private company planning an IPO needs not only to prepare itself for an exponential increase in public scrutiny, but it also has to file a ton of paperwork and financial disclosures to meet the requirements of the Securities and Exchange Commission (SEC), w