Iowa Manufacturers Anticipate Strong Sales in Second Quarter
Wednesday, March 10, 2021
There’s more good news for Iowa’s economy.
Iowa manufacturers anticipate strong sales in the second quarter, according to results of the latest ABI Quarterly Iowa Business Survey.
“This is fabulous news for Iowans,” said ABI President Mike Ralston, “especially when you consider the pandemic and where we were a year ago.”
65% of survey respondents expect sales to expand over the next quarter. That’s compared to 55% in Q1 2021 and 47% one year ago.
Ralston attributes the extra growth to pent up demand and low inventories.