economy

North Dakota Travel and Tourism Week Begins

Tourism is the state's third-largest industry

BISMARCK, ND — This is the start of “North Dakota Travel and Tourism Week” as declared by Gov. Doug Burgum. He says tourism plays a significant role in growing our economy, generating revenue for thousands of tourism-based businesses and helping to attract and retain a 21st century workforce. In 2015, 22 million people visited North Dakota spending just over 3 billion…

Mayors From Around Region Gather At Summit on Entrepreneurship

They learned about ways they can foster innovation in their communities

FARGO, N.D. — The Mayors’ Summit for Entrepreneurship brought mayors from around the region together to learn about ways they can bolster their economies. “This is a region that’s been built by entrepreneurs. We’re just trying to continue the legacy of those folks and keep supporting new ventures,” Greg Tehven, co-founder of Emerging Prairie, said. Some of the key points were…

Trump Jr. Talks Oil Industry, Economy at N.D. Petroleum Council Meeting

He also urged people to vote in the midterm elections

FARGO, N.D. — President Trump was in town just a couple of weeks ago, and now his son is in Fargo to give a speech to the North Dakota Petroleum Council meeting. In a talk called “Unleashing America’s Economy,” Donald Trump Jr. spoke about what he considers his father’s accomplishments and why it’s so important to vote in the midterm…

Congressman Kevin Cramer Visits the Chamber to Discuss Updates from Congress

Cramer believes wages and economic growth have been pushed higher and revenue to the government is rising

MOORHEAD, Minn. — Congressman Kevin Cramer makes a visit to the Fargo West Fargo Moorhead Chamber to discuss updates from Congress. He says the economy is in an exciting place, with more job openings than people looking for work. Cramer believes wages and economic growth have been pushed higher and revenue to the government is rising. He says there is…

Small Business Week Puts Small Businesses in the Spotlight

Small businesses make up over 98 percent of businesses in North Dakota

FARGO, N.D. — National Small Business Week, which runs from April 29 to May 5, celebrates the role that small businesses have throughout the nation. Small businesses have a huge impact on the local economy, making up over 98 percent of all businesses in the state and employing over half of employees in North Dakota. “From a North Dakota economy…

New CEO of Non-Profit Shares Vision of Revitalized Downtown Moorhead

Centerpiece of the new downtown plan is a redevelopment of Center Avenue

MOORHEAD, Minn. — A non–profit organization has hired a new president to help spark economic development in downtown Moorhead. Downtown Moorhead, Inc. has hired Derrick LaPoint to lead the group’s efforts to revitalize Moorhead’s urban core. LaPoint spent the last five years as a planner with the city of Fargo managing Fargo’s development. The new president has picked Center Avenue…

Senator Hoeven Stresses the Importance of Tech Entrepreneurs to State’s Economy

The senator gave a highlight speech to those in attendance at the One Million Cups Reunion event at the Island Park Stage Theater

FARGO, N.D. — Senator John Hoeven stopped in Fargo to highlight the need for business entrepreneurs in North Dakota’s economy. Hoeven was the spotlight speaker at the One Million Cups Reunion at the Island Park Stage. The crowd inside the Stage Theater heard success stories from the area’s small business owners. Hoeven stressed how young entrepreneurs and small businesses can…

Senator Hoeven Hosts Roundtable Discussion on Tax Relief

Hoeven specifically wanted to get input about how he could help middle class individuals and families

FARGO, ND — Senator John Hoeven held a roundtable to get community input about tax relief for North Dakotans. State manufacturers, exporters and agricultural industry leaders were all there to provide their thoughts on what should be done next. Hoeven specifically wanted to get input about how he could help middle class individuals and families. However, he says he hopes…

Sen. Hoeven Meets with U.S. Treasury Secretary Over Tax Relief

It would increase the standard deduction for individuals to $12,000 and married couples to $24,000

WASHINGTON, D.C. — The U.S. Treasury Secretary is on Capitol Hill looking for support for tax relief. Steven Mnuchin met with North Dakota U.S. Senator John Hoeven to talk about modernizing and simplifying the tax code. The draft Senate tax relief bill provides a net tax cut of about $1,500 for a median income family of four. It would increase…