Iowa Economy, The Business Outlook Podcast

The Iowa Economy Podcast unpacks the trends, data and decisions shaping Iowa’s business landscape, providing the economic insights leaders need to help their businesses stay ahead of Iowa’s economic curve. Hosted by Chris Conetzkey, president and group publisher of BPC, each episode delivers insight into the state’s key industries, policy shifts and economic data — helping leaders understand what’s happening now and what’s next for Iowa’s economy.

  1. Sep 8

    E13 | National debt, local impact: What $40 trillion means for Iowa | Iowa Economy

    The U.S. national debt recently surpassed $40 trillion, raising questions about what its continued growth means for the economy and for businesses in Iowa. On this episode of the Iowa Economy Podcast, host Chris Conetzkey talks with two economists to break down the often abstract-feeling issue of the national debt and the tangible effects Iowa businesses may experience now and in the future as the number continues to rise. On this episode: • How the national debt affects Iowa: Iowa’s diversified but capital-intensive economy makes businesses, farmers, homeowners and local governments particularly sensitive to higher borrowing costs. • The growing cost of servicing the debt: The federal deficit is running at roughly 6% of GDP, while net interest costs have risen above 3% of GDP, exceeding federal defense spending. • Interest rates and business investment: Rising Treasury yields can put upward pressure on mortgage, auto loan and commercial borrowing costs, potentially affecting profitability and decisions about capital investment. • Iowa’s exposure to federal spending and demographics: Iowa’s older-than-average population makes Social Security and health care particularly important, while potential federal spending reductions could affect agriculture, university research and other priorities. Guests: • Ryan Nunn, research director, The Budget Lab at Yale University • Anne Villamil, research fellow in economics and professor, University of Iowa Tippie College of Business

    E13 | National debt, local impact: What $40 trillion means for Iowa | Iowa Economy

About

The Iowa Economy Podcast unpacks the trends, data and decisions shaping Iowa’s business landscape, providing the economic insights leaders need to help their businesses stay ahead of Iowa’s economic curve. Hosted by Chris Conetzkey, president and group publisher of BPC, each episode delivers insight into the state’s key industries, policy shifts and economic data — helping leaders understand what’s happening now and what’s next for Iowa’s economy.

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