I look at the North Dakota total tax revenues over the 24 month biennium window for the current and past nine biennia. There are some seasonal patterns that come to light as well as some exceptional months for certain biennia (outliers?). I look at the accumulated total revenues over the biennia as well to look at the path of biennial fiscal revenues.
There is naturally a great deal of interest in the situation of the labor market and the Fed funds rate so I thought to look at some ND labor market measures and the funds rate.
I hate the term quiet quitting because people apply it to all types of situations and therefore it means nothing. This is a brief discussion.
The week ahead is pretty busy but busy is good. First week of classes is always exciting for me so that is a plus. Presentation on rare earth elements and price fluctuation impacts on business models and industry structure. The big event for me is at the end of the week with a presentation on North Dakota economic conditions for the Minneapolis Fed Regional Economic Conditions Conference.
Continue reading The week ahead…
So this is a bit longer, wordy post about an issue I confronted before on the radio and in other discussions. I do not think the term fiscal conservative means what people think it means.