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Key Industries

Key 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.

  • Information Technology

    From digital infrastructure and data analytics to advancements in automation, tech is transforming industries.

#1

Highest Concentration of Agricultural Engineers of Any State (BLS, 2020)
 

180

Insurance Companies Headquartered in Iowa (Iowa Insurance Division, 2021)
 

$30.058B

Contribution from Iowa's Largest Industry Sector: Advanced Manufacturing (BEA, 2019)

IEDA News

See all news

Steve Brody Announces Retirement as President and CEO of BioConnect Iowa

August 15, 2025

IEDA Board approves assistance for a manufacturer, community development project and bioindustrial research facility

August 15, 2025

Governor Reynolds Applauds Selection of Iowa for BioMADE Biomanufacturing Facility

August 15, 2025
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Learn More About Iowa's Key Industries

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Economic Development & Finance Authority

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Iowa Economic Development Authority | Iowa Finance Authority

1963 Bell Avenue
Suite 200
Des Moines, IA 50315

Phone

515.348.6200

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