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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 01, 2014
Page
11
The Commerce Department lowered fourth quarter GDP growth to 2.4 percent as weather and weaker exports weighed on consumer spending. Exports rose at 9.4 percent, while consumer spending and imports were revised down from earlier estimates, signaling a softer Q1 and a slower recovery.
FDIC data show Iowa bank earnings up 6.2 percent to 193.6 million in Q4 2013 and 0.07 percent for all of 2013 at 813.7 million. National profits rose 17 percent to 40.3 billion in Q4 2013, with 153.7 billion for 2013. Bankers say the industry nears pre crisis performance as regulators watch costs and rates.
North Dakota joins 24 states with PEDv cases, as the virus has killed millions of pigs since 2013. The first North Dakota case appeared in the eastern part of the state this week per NDSU Extension.
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