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.
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 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.
North Dakota is thinking about recovery and that is great. Here is where some parts of the economy are right now to help understand how far we need to recover.