I get asked about sales tax outlook for the city so I took a look at the recent data. It points to a generally good picture with some concerns out there still.
The labor force in North Dakota is down more than 4,000 compared to February. The adjustment process likely will be longer term due to COVID and economic circumstances in the state. I map out a few labor market variables.
I rant a bit (alright a great deal) about the supposed notion of fiscal restraint and fiscal discipline in the U.S. today.
The state passed through the 10% mark over the weekend and even though today’s number came in below that mark the moving average will stay above the mark for a while.
I isolated the ND counties associated with metropolitan areas in the state to investigate positivity there.