FARGO, N.D. (KVRR) — Some say the state of the economy has been unsteady since the pandemic has hit. Even though it happened a few years ago, its economic impacts are still being felt. “Now, just now, we are seeing the results of the pandemic and of course it has caused a lot of closings overtime, but unemployment rate is…
FARGO, N.D. (KVRR) — The NCAA hockey tournament is at Scheels Arena. “I’ve never been to Fargo before, first time. We probably won’t do much, we did hear about going to a Sandy’s Donut shop, we might have to check that out,” says hockey fan Bonnie Blair-Cruikshank. Blair-Cruikshank, better known as Bonnie Blair, competed in the 1984, 1988, 1992 and…
FARGO, N.D. (KVRR) — An investor known for his role as a judge on the hit reality show ‘Shark Tank’ has a lot of praise for North Dakota but not so much for Minnesota. Kevin O’Leary sat down with Sean Hannity on FOX News to talk about inflation and the economy. He calls North Dakota a gem for investment saying…
REDMOND, Wash. (AP) – Microsoft on Tuesday reported fiscal fourth-quarter profit of $16.7 billion, or $2.23 per share, a rare disappointment from the tech giant that has consistently beat Wall Street expectations in recent years. It posted revenue of $51.9 billion in the April-June period, up 12% from last year. Analysts had been looking for earnings of $2.29 per share…
BISMARCK, N.D. (KVRR/AP) — North Dakota keeps showing signs of economic growth. Taxable sales and purchases for the first quarter of 2022 were up 13.2% compared to the same period last year. State Tax Commissioner Brian Kroshus reports all of the 15 major industry sectors reported increases over the first quarter of 2021. He says it’s the fourth consecutive quarter…
WASHINGTON – The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year increase of 8.3%. The new inflation figure, the biggest yearly increase since December 1981,…
BISMARCK, N.D. – The latest economic outlook report for North Dakota is showing continued improvement for 2022, despite a national economy that shrank in the first quarter and is showing signs of entering a recession. The quarterly report by the NDSU predicts growth in wages and salaries, as well as a growing labor force with decreasing unemployment rates, strong total…
FARGO – The latest outlook from North Dakota State University researchers finds the state’s economy is poised for growth this year. The quarterly report indicates growth in salaries and wages, as well as a growing labor force, decreasing unemployment rates, strong tax collections and a rising gross state product. NDSU economics professor Jeremy Jackson says the report shows a reduced…
Minot AFB B-52MINOT, N.D. – A new analysis pegs the local economic impact of the Minot Air Force Base at nearly $607 million in the past fiscal year. The 2021 fiscal year economic impact is lower than fiscal year 2020, when the base contributed $622 million to the local area. The analysis says annual construction, services and other expenditures were…
FARGO – A new analysis says North Dakota’s economy is showing signs of recovery and growth. The quarterly outlook report done by North Dakota State University is predicting growth for wages and salaries, as well as a growing labor force, decreasing unemployment and strong total tax collections. The previous quarterly report, which was released last August, said the state economy…
