Economic IndicatorsNOW

The Altoona region boasts a low unemployment rate, and rising commercial and industrial occupancy rates. Our retail sales are growing, too, increasing in the Des Moines region by over 13% since 2015. The region’s availability of jobs, careers and growing workforce are building momentum, boosting local commerce and lifting Altoona and neighboring communities to great heights.


UNEMPLOYMENTNOW

unemploymentNow

 

OCCUPANCYNOW

OCCUPANCY RATES 2019
Office
Greater Des Moines Region 82.8%
Northeast Suburban Des Moines (includes Altoona)* 87.6%
Flex
Greater Des Moines Region 93.4%
Northeast Suburban Des Moines (includes Altoona)* 99.1%
Warehousing
Greater Des Moines Region 94.7%
Northeast Suburban Des Moines (includes Altoona)* 95.8%
Manufacturing
Greater Des Moines Region 94.1%
Northeast Suburban Des Moines (includes Altoona)* 95.6%
Retail – Neighborhood & Community Center
Greater Des Moines Region 91.2%
Northeast Suburban Des Moines (includes Altoona)* 94.0%
Retail – Big Box
Greater Des Moines Region 96.2%
Northeast Suburban Des Moines (includes Altoona)* 100.0%

*Consists of Northeast Des Moines (extended south to the Des Moines River), Pleasant Hill, Altoona, Eastern Saylor Township, and Delaware Township.

SALESNOW

RETAIL SALES Greater Des Moines Region Percentage Change
2019  $8,762,758,561 2.43%
2018  $8,555,068,066 2.92%
2017  $8,312,033,937 2.95%
2016  $8,073,528,763 4.36%
2015  $7,736,253,089 6.10%
2014  $7,291,651,292 4.61%
2013  $6,969,991,553 2.70%
2012  $6,786,896,931

Sources: Greater Des Moines Partnership, CBRE/Hubbell Des Moines Market Survey 2019, Iowa Workforce Development Local Area Unemployment Statistics, October 2019.