economy Archives - Page 2 of 9

Gov. Armstrong Talks North Dakota Economy, Possible Efficiency Moves

The governor believes the state has the ability to adjust to America's shifting needs, and also feels he can cut back on some committees at the state level.

February 12, 2025

Gabriel Ostler,

BISMARCK, N.D. – The second and final day of the Chamber at the Capitol event featured a meeting with Governor Kelly Armstrong, who discussed why it’s so important to have face-to-face meetings with business leaders. “Because government doesn’t create a single job. Government doesn’t create economic growth,” he explained. “These guys do.” He also addressed the repeated elephant in the…

Prospective Growers, Industry Experts Meet for Hemp Summit

There are many potential uses for industrial hemp, such as in the creation of building materials.

January 29, 2025

Gabriel Ostler,

WAHPETON, N.D. – At the brand-new Väderstad building in Wahpeton, members of all parts of the industrial hemp industry met to discuss its viability as a potential crop for the region. Harold Stanislawski of the Agricultural Utilization Research Institute says that this year’s Northland Industrial Hemp Summit is all about building relationships. “We’re willing to cooperate and collaborate with one…

Small Business Saturday Brings Excitement to Fargo Economy

The holiday began in 2010 and has steadily picked up traction every year since.

December 1, 2024

Gabriel Ostler,

FARGO, N.D. (KVRR) – In the excitement of Black Friday, it seems many think of the deals they can score from large retailers, and don’t pay as much attention to the locally owned businesses in their backyard. Small Business Saturday seeks to rectify that situation – and it’s especially important to do so in economies such as this one. “We…

Gov. Burgum Releases Housing Recommendations

The governor addressed a crowd in Bismarck, outlining proposals that would be added to his upcoming budget.

November 12, 2024

Gabriel Ostler,

BISMARCK, N.D. (KVRR) — Governor Doug Burgum is aware that housing is becoming an issue within the state of North Dakota. At a news conference in Bismarck on November 12th, he unveiled a set of recommendations, gathered into 6 separate categories, that he believes will tackle the issue head-on. These recommendations were compiled by the North Dakota Housing Initiative Advisory…

North Dakota AG Commissioner weighs in on port workers strike, economy

October 3, 2024

Juliana Pelaez,

FARGO, N.D. (KVRR) — The union on strike since Tuesday at ports along the East and Gulf Coasts are heading back to work Friday after a tentative deal over wages is reached. Economists say if the strike continues it would cost the U.S. economy greatly. With the thousands of dockworkers still on strike, it is estimated that if the strike…

Burgum Presidential Ads Begin Airing in Iowa and New Hampshire

June 12, 2023

TJ Nelson,

FARGO, N.D. (KVRR) — We’re getting a look at what voters in Iowa and New Hampshire are seeing on their screens starting this week. Gov. Doug Burgum has bought $3 million worth of ads in those states as he introduces himself as a Republican candidate for president. The ads are similar to the campaign announcement preview video that he released…

Status of the economy uncertain after high inflation and tanking stocks

May 4, 2023

KVRR Staff,

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 area economy boosted as thousands attend NCAA regionals

March 23, 2023

Site Staff,

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…

‘Shark Tank’ Star Praises North Dakota Economy, Takes Dig at Minnesota and Moorhead

March 23, 2023

TJ Nelson,

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…

Microsoft blames economic woes for missing profit targets

July 26, 2022

Jim Monk,

Microsoft Campus in FargoREDMOND, 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…