There are many moving pieces in the economy, but oil in North Dakota represents a clear economic and budget issue for the state right now. I provide a first pass here.
Clearly oil prices and the budget in North Dakota will be a topic going forward. Here is a start for the discussion.
The radio conversation will focus on the idea of more tax cuts in the near future. I give a little budget background to help frame the discussion.
The big contributors to total taxables sales and purchases in the state are not a surprise. Which counties grew fast and who among the large counties performed well in the last year is a bit of a surprise.
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.