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.
Grand Forks Sales Tax Data
14 Day Moving Average Positivity for 4 Counties
I isolated the ND counties associated with metropolitan areas in the state to investigate positivity there.
Labor Markets in ND
How has employment changed over the last 18 months in North Dakota and certain counties? The answer shows the possibility of nascent recovery, but it is fragile.
ND labor markets still in flux
We are not out of the woods yet in North Dakota when it comes to labor market adjustments. Businesses and entire industries are still making changes to circumstances and situations so it should not be a surprise that it is happening with labor as well. This is a complicated dynamic with feedback between businesses and their customers that will present some problems.
Continue reading ND labor markets still in fluxWhat does a shutdown look like?
A little discussion of shutdowns with a local example thrown in to show that things do get better.