Economic Indicators for 1st Quarter 2022

posted in Economic Development on May 20, 2022

First quarter economic indicators show strong employment participation, fewer bankruptcies, and positive trends in utility connections, vehicle registrations and bankruptcies. Fewer residential properties sold, but days on market decreased significantly and sales prices are up. Fewer building permits were issued, while valuations were higher. Due to bank consolidations, there were 6 Bremer County institutions reporting in 2021 compared to 4 institutions in 2022, skewing those year-over-year comparisons.

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