"A lot of our retailers who count on the holiday season to get them through the rest of the year--like a lot of stores that have been effected by the COVID-19 pandemic--I believe that many of them will suffer, if not fail" says Iowa State University Economist Dave Swenson.
"Everyone's going to try to figure out a way to facilitate the flow of goods to my house. If can buy something online from a local vendor, I'm going to do that if I can" he says.
Swenson also spoke with:
Tyler Jett, Des Moines Register, on Iowa’s new unemployment report.
Lee Rood, Des Moines Register, about the exposure many cities have to now unused city-supported convention, arenas, and hotel projects because of the pandemic. Specifically how they may need to deal with in inability to have sufficient cash flow to pay project debts.