Business
Iowa is home to a diverse economy. We understand our strengths, and have focused strategies in place to spur innovation, industry growth and job creation.
Iowa is a great place for business
Iowa's Leading Industries
-
Advanced Manufacturing
The state's largest industry accounting for 17% of our GDP and contributing $35 billion annually to the state’s economy.
-
Bioscience
Iowa has made significant progress in building the bioscience industry, with employment growing 8% from 2016 to 2021.
-
Finance and Insurance
Iowa is home to 7,000 finance and insurance companies and a workforce of nearly 95,000 talented industry professionals.
See How We Stack Up
#1
State for Fiscal Responsibility (CATO Institute, 2024)
#1
for Energy Generated from Renewable sources (American Clean Power, 2025)
#2
State for Opportunity (U.S. News & World Report, 2025)
#2
State for High School and Four-Year Graduation Rates (U.S. Dept. of Education, 2022 and U.S. News & World Report, 2025)
#4
Best Health Care System (WalletHub, 2025)
#7
State for Affordability (U.S. News & World Report, 2025)
Ready to Expand or Relocate Your Business?
Iowa has building and sites suited to meet your priorities, including shovel-ready locations that streamline the development process.
Stay Connected with IEDA
Learn about the latest news and programs at IEDA.