grand forks

Yesterday’s post (found here) mentioned Grand Forks retail and the fact that sales were behind last year’s level. As a recap, the accumulated total of monthly collections in 2016, when compared to the same month in 2015, were all lower, and in some cases by significant amounts. Collections from a few specific months were ahead of the same month the year before, but the accumulated total never got higher than 2015.

Continue reading Visualizing Grand Forks Sales Tax

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Clearing out more of the questions asked on the radio lately. The announcement of the closure of the Macy’s in the local mall set some callers into fits. Their issues and questions ranged from: Is this a harbinger of future closures in Grand Forks and/or Fargo; to: this mall has inadequate numbers of stores and the wrong kind. There were lots of other issues raised too, so let’s clear a few of these things up right now.

Continue reading Grand Forks & Retail

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It is a fun time to be an economist with an interest in data, and it has nothing to do with election policies because, as we all know, those have nothing to do with data anyway (zing!). The Bureau of Economic Analysis released its GDP by Metro Area report this week (available here). The first question many would have is: why do we care about a report that covers 2015, that is in the past?

Continue reading North Dakota Metro Area Growth

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