ISU, IEFC Issue State Income Growth and Tax Projections
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The Center for Agricultural and Rural Development (CARD) conducts innovative public policy and economic research on agricultural, environmental, and food issues. CARD uniquely combines academic excellence with engagement and anticipatory thinking to inform and benefit society.
CARD researchers develop and apply economic theory, quantitative methods, and interdisciplinary approaches to create relevant knowledge. Communication efforts target state and federal policymakers; the research community; agricultural, food, and environmental groups; individual decision-makers; and international audiences.
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Depressed agricultural commodity prices have led to concern about widespread possible economic impacts in Iowa because the state’s economy is strongly linked to agricultural production. This article compares the income and tax estimates produced by the Iowa State University (ISU) Department of Economics and the Iowa Economic Forecasting Council (IEFC).