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Whiteman Serves on State Economic Council

Iowa Gov. Tom Vilsack has appointed a new group of advisers to help predict economic trends and better estimate how much revenue the state can expect to collect. CHARLES WHITEMAN of Iowa City, director of the University of Iowa Institute for Economic Research was one of 11 members named to the state's newly created Council of Economic Advisers. Vilsack said he selected 11 professionals from business, academic and agricultural backgrounds in hopes of establishing a more comprehensive approach to managing the state's budget, which has run into problems in part because revenue growth projections missed the mark in four of seven fiscal years. The panel's first meeting will take place in late February. The council is to make suggestions for improving the quality of information and economic data gathered and analyzed by state officials in assessing the Iowa economy and estimating future state revenues.

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