Flynnglis's Posts

The future is always uncertain, but it seems that labor markets in the core Bakken counties could be having their Mark Twain moment: “The report of my death was an exaggeration.” My central argument here is not that the markets are not correcting, and I am not suggesting declines in employment will not happen, though the extent of that decide is obviously debatable. At some level, you might expect people to welcome the pause in the employment growth occurring now. It could reduce pressures in the other related areas such as housing. Regardless of any decline, the data show that employment is still more than twice the level from just 5 years ago (see figure below).

Continue reading A further lack of capitulation: Bakken Employment Edition

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The old saying goes that a picture is worth a thousand words. Clearly the idea is that one good image could relay information better than a lengthy description. There are two issues with that: 1) it needs to be the right graph, and 2) the graph may need at least some explanation. I think this is true of the North Dakota oil story right now. Those who watch these things will not find anything new or exciting in the following graph.

Continue reading What Price Profitable?

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After the boom comes the bust, or so we are told. One of the more interesting questions for North Dakota is the extent of the pain, if any, felt during the bust, and how it ends up distributed across the state. To help answer this question we need to continue analysis of the circumstances of growth in North Dakota during this century. Call it a Nearby Economic History.  A better understanding of the process of economic growth in the state is 1) important in its own right (knowledge for its own sake is seldom bad), and 2) potentially useful information as the state discusses policies going forward.

Continue reading Continuing Explorations in ND Growth

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Let’s get this out of the way at the start: the information contained here is not a predictive model of the outcome of the election and it is nothing official from UND. It is me on my own time putting this together because of some of the questions from JT on the radio show. As far as the predictive aspects, there are too many moving parts and too little data to adequately model the outcome at this point. We can develop numerous rules and test them as outcomes, but at the end it will still be a subjective probability model.

Continue reading UND Nickname Vote Share Calculator

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