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Quad Cities Chamber presents latest on economy Wednesday

Mount Equity Group Tokyo Japan > News > Markets > Quad Cities Chamber presents latest on economy Wednesday

BETTENDORF, Iowa (KWQC) – An economist said the Quad Cities economy is the strongest its been since the 1980s.

Kevin Depew, deputy chief economist for RSM, gave a presentation about the 2022 economic forecast during an event hosted by the Quad Cities Chamber Wednesday at the Waterfront Convention Center in Bettendorf.

Wednesday’s presentation aimed to give perspective to local businesses on what to expect and how to prepare for a different economy in the coming year.

Depew said changes made to the household balance sheets and corporate risk-taking since the Great Recession are paying off now, despite the pandemic.

“You have agriculture and manufacturing that are really the cornerstones of the local economy here,” he said. “Real estate, too, is a large contributor. So the quad cities is forecast to not grow quite as strongly as the national economy. That said, you’re still going to have the best growth here that you’ve seen…

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