Economic Forecast: Money Doesn’t Grow on Trees?

It’s not necessarily a problem – finding ways to spend billions of dollars. It’s a question North Dakota’s legislators aren’t taking lightly, though. And the swelling Legacy Fund is certainly the most obvious evidence of the state’s super-charged economy – and the reason economic forecasters see nothing but blue skies ahead. From energy to agriculture,… [More…]

They’re Good Challenges to Have: Meeting the Needs of North Dakota’s Economic and Population Boom

“We are blessed in North Dakota, and oil and gas development is a big part of our good fortune,” said Governor Dalrymple in a statement. North Dakota is seeing growth in all its industries, including energy, technology, tourism, agriculture and manufacturing. According to news releases from the governor’s office, the state has kicked off the… [More…]

Telecom: Growing at the Speed of Sound

The telecommunications industry is expected to go right on zipping past the lethargic national economy at the speed of sound. Evidence, if any is needed, can be found in the rise in stock prices for the first nine months of this year for firms like Verizon Communications Inc. (19.1%), AT&T Inc. (29.3%) and Sprint Nextel… [More…]

The Living Challenge: North Dakota’s Residential Market

There’s no place like home, and any kind of move underscores that sentiment. But having a roof over your head is part of fitting into a new community and in North Dakota the definition of just what that roof is, and how easy it will be to get under it, is changing. Crew camps, one… [More…]

Land Issues: Developing the Amber Waves of Grain

It was Will Rogers who famously recommended that people invest in land because “they ain’t makin’ any more.” Well, they ain’t makin’ any more in North Dakota, either, which is why legislators and residents are grappling with a variety of issues relating to its limited supply of what is, in many cases, highly profitable land.… [More…]

Between Myth & Reality: Finding North Dakota’s Workforce

There’s a story making the rounds while North Dakota’s unemployment stands at the lowest in the country and the top three states with the highest unemployment figures – Nevada, Rhode Island and California –still have numbers in the double digits. It’s the one about the guy who, flat broke and out of options, takes his… [More…]