DES MOINES, IOWA (April 12, 2023) — The Iowa Business Council (IBC) has released its first-quarter Economic Outlook Survey (EOS) for 2023. The report measures member expectations for sales, capital spending, and employment for the next six months. If the index measures above fifty, sentiment is positive. The first-quarter survey's overall economic outlook index is 59.72, an increase of 0.46 index points from the 2022 fourth-quarter report.