Economic Indicators for 2nd Quarter 2022

posted in Economic Development on September 6, 2022

Second quarter economic indicators are trending very similarly to the prior quarter. Utility connections and vehicle registrations are up while unemployment remains low. Fewer homes were sold while days on market dropped and median and average sales price rose. Building permits show mixed results, with permit value bolstered by large commercial projects. Due to bank consolidations, there were 4 Bremer County institutions reporting in 2022 compared to 6 institutions in 2021, skewing those year-over-year comparisons.

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