I will make some comparisons between communities later, but I looked at location quotients (LQ) for Grand Forks employment by sector compared to the national average. It may not come as a surprise to others, but it did surprise me, that the Grand Forks metropolitan statistical area does not have high LQs, typical of an exporting firm and part of the regional economic base, in many sectors.
You can tell it is an election year. There are all kinds of polls being done (my household answered more than a few) about all types of issues. I heard some discussion (and if I can remember where I will post any available link) about how is North Dakota doing, as in an attitudinal survey. My guess is that people will say, overall, that North Dakota is doing well. I am not a huge advocate of such surveys because they typically seem too vague to me. I prefer to track more definite numbers when possible. Here is median income in North Dakota and the United States.
I get a significant number of questions about markets and market interventions when I am on the radio. Part of this is due to the economic circumstances in North Dakota where significant growth is creating social tensions and frictions. Another key ingredient is the financial resources available to the state. Tax collections continue to do well, feeding the interventionist tendencies of politicians and policy makers.
Being a frequent contributor to the Jarrod Thomas Show (1310 KNOX AM, Grand Forks) over the last several years I received many questions about inflation. The massive monetary stimulus injected by the Fed in response to the Great Recession “must” be inflationary. Many callers believed there was no way to avoid a massive inflation as an outcome.
The discussion surrounding the NBA and the actions taken against the Clippers owner is extensive. Here is the issue that a brilliant woman raised to me and I think it is spot on. While we call these individuals “NBA owners” we are leaving out a key word, franchise. They are NBA franchise owners.