Inflation has bee a hot topic the last few weeks and I expect it to continue. While inflation persists there was an observation of “record” sales tax collections. Let’s talk about this in some broader terms.
My December forecast for sales tax collections in Grand Forks, ND.
As we talk about economic development and labor shortages there is a need to think about where we can turn, as a matter of policy, to fill these labor needs.
There are some interesting aspects to the sales tax collections between Fargo and Grand Forks. Not many answers in this post, but some observations and questions.
I revisit some discussions about employment and the population count in Grand Forks. The fact is we need people in Grand Forks if we want labor market dynamics to change. This was true before COVID, and remains true now.