I give an updated look at the forecast for sales tax collections in Grand Forks. There are statistical issues with the forecast but corrections are in the works.
In this post I branch out from the recent wage discussions to broaden the discussion of Grand Forks, ND by looking at employment comparisons.
So after the post yesterday and some of the discussion today I realized I could smooth out the picture a bit more. I kind of kicked myself for breaking one of the main bits of guidance I give to my forecasting students. So I take a look at the quarterly data from last time, but this time we look at the percentage change from a year ago levels, thereby controlling for seasonal factors.Continue reading Another Look at ND Wage data
For a first comparison of Grand Forks I look at county wages for five counties in North Dakota while we try to figure out what type of city Grand Forks really is.
A summary of the discussions from my weekly appearance on the Jarrod Thomas Show (@jtknoxradio). The two main themes were evaluating local area economic performance and retail trade.