North Dakota
North Dakota survived The Great Recession, but can it withstand another one in the future?
GRAND FORKS — An April report by Service provider Maverick listed North Dakota as one of many states probably to outlive a recession in 2022, however how a lot inventory could be put in its outcomes?
North Dakota landed second on the report
, solely behind Nebraska, as a consequence of “its giant authorities reserves in relation to spending,” in addition to a low unemployment fee, low revenue tax fee and the sixth-most inexpensive housing market in the USA.
Whereas these elements do play into how a state fares throughout a recession, David Flynn, an economics and finance professor at UND, stated the report has one flaw — the report cites knowledge from The Nice Recession for a lot of its knowledge, however as Flynn factors out, the COVID-19 pandemic introduced by itself recession in 2020.
“My concern with these kinds of issues is all the time that they’re inherently restricted by how they’re defining ‘resiliency’ how they’re defining ‘taking over the recession’ and ‘succeeding by the recession.’ You possibly can’t keep away from it. The query turns into, have they got a slim view of recession or a broad view of recession and what’s that actually taking a look at?”
Flynn stated to the report’s credit score, it does cite what knowledge it bases its rankings on, however North Dakota survived The Nice Recession based mostly on elements that will not be related the following time the financial system tanks.
The Nice Recession was avoidable, in keeping with the
report by the Monetary Disaster Inquiry Fee in 2011
, and resulted from a failure to control the monetary trade, in addition to an lack of ability to curb poisonous mortgage lending. The COVID-19 pandemic prompted the worldwide financial system to come back to standstill from shopper and provider standpoints.
“We had some good enterprise practices,” Flynn stated. “Within the Nice Recession, we had low numbers of sub-prime loans being made within the state, and we had the oil trade take off. So we weathered the Nice Recession effectively due to a confluence of occasions, (and) some have been good enterprise practices, and a few have been good luck.”
In essence, not each recession is created equally.
“If we now have one other oil disaster hit the globe the place costs declined drastically, that may very well be an outsized downside for states like North Dakota, Oklahoma and Texas, however not an issue in another states,” Flynn stated. “You all the time need to take a few of these issues with a with a grain of salt as a result of the character of the recession will matter too, (equivalent to) the sector it begins in (and) the sector it impacts”
He additionally purports financial variety is an enormous a part of a state’s — or group’s — sustainability throughout a recession. Range doesn’t imply these areas should have a bit little bit of every part in terms of producing GDP or employment, however having quite a lot of alternatives for progress as a substitute of simply being solely concentrated in key sectors can lead to extra stability.
Flynn’s greatest concern with the report is that its rankings are considerably weighted by how states fared within the Nice Recession, which means the report just isn’t as forward-looking appropriately. One of many greatest elements Flynn stated will influence states in a future recession just isn’t essentially unemployment charges, however employee availability. Having a big obtainable workforce is useful to surviving a recession, however what North Dakota lacks in that regard is “slack.”
“We have seen oil appeal to staff, however we have not seen a lot else attracting staff over the past a number of years,” Flynn stated.
Dusty Hillebrand, Grand Forks workforce heart supervisor at North Dakota Job Service, stated Grand Forks particularly has extra jobs obtainable than people who find themselves unemployed. So, is {that a} good factor?
“It might be nice if we had extra those who have been within the job market so companies weren’t struggling to seek out workers,” Hillebrand stated.
Hillebrand stated North Dakota as an entire gives a great lifestyle. Grand Forks particularly has low crime charges and comparatively inexpensive housing, and teams such because the EDC have put work in to make it enticing for job seekers.
“In case you have a look at what we now have happening right here in Grand Forks and what town and the park board are doing with completely different occasions which might be within the space and what the EDC is doing to assist to convey high-pay, high-tech companies to the Grand Forks space… We wish to provide these to people which might be searching for an amazing place to reside and nice jobs,” Hillebrand stated.
North Dakota
North Dakota Plans Homeless Point-in-Time Count for Jan. 22
(North Dakota Housing Finance Agency image)
(KNOX) – The North Dakota Continuum of Care (ND CoC) will conduct a Point-in-Time (PIT) Count of the people in the state who are experiencing homelessness on Jan. 22, 2025.
“The data collected during the Point-in-Time Count is used to measure homelessness at a local, state and national level,” said Dave Flohr, North Dakota Housing Finance Agency (NDHFA) executive director. “The information helps to identify strengths and service gaps, increase public awareness, measure progress, and assist local entities with system planning and responses.”
The U.S. Department of Housing and Urban Development (HUD) requires CoCs to conduct an annual count of sheltered people experiencing homelessness. While a count of people who are unsheltered are only required in odd numbered years, the ND CoC conducts one annually as well. Each count is planned, coordinated, and carried out locally.
“To complete the count requires strong regional engagement that is coordinated by an area lead who works with volunteers to collect clean and current data from homeless service providers while law enforcement, healthcare and other providers work to identify persons who are unsheltered,” said Flohr.
To learn more about the PIT Count or to provide assistance, contact your region’s area lead.
The goal of HUD’s CoC Program is to promote a communitywide commitment to the goal of ending homelessness.
The program provides funding to support efforts to end homelessness, promotes access to and effective utilization of programs, and optimizes the self-sufficiency of individuals and families experiencing homelessness.
NDHFA acts as the Collaborative Applicant for the state’s CoC whose geographic area encompasses all 53 of North Dakota’s counties, its cities, towns, and unincorporated areas, as well as the state’s five federally recognized tribes. More information about the ND CoC is available online at https://ndcontinuumofcare.org.
NDHFA is a self-supporting and mission-driven state agency dedicated to making housing affordable for all North Dakotans. The North Dakota Industrial Commission, consisting of Governor Kelly Armstrong as chairman, Agriculture Commissioner Doug Goehring and Attorney General Drew Wrigley, oversees the agency
North Dakota
NDSU Foundation plans new pregame party in Frisco for Bison fans
FRISCO — The party leading up to the Bison’s attempt to win their 10th national title in 14 seasons is a little different this year.
In past years, the NDSU Foundation has hosted a pep fest in the Frisco area.
This year, they are hosting a tailgate party instead.
“Change is good. I think it is going to allow for some more kids and family time,” said Todd Clark, a North Dakota State University fan from West Fargo who is in Frisco for his sixth title game.
“Because it is a night game, I think it makes a lot of sense to get everybody there right before the game instead of 24 hours before that,” former Bison Steve Sershen said.
Fans will take over a soccer field next to Toyota Stadium on Monday, Jan. 6, ahead of the 6 p.m. kickoff. The event at Dr. Pink Field is a free, family-friendly tailgate party that will include games, kids events, a DJ and food and drinks.
The gates open when the tailgate lot opens at 1 p.m. and goes until 4 p.m.
The traditional team walk will take place at 3:15 p.m., right next to the tailgate party.
“The strength of the Herd is the Bison and the strength of the Bison is the Herd, so how do we make sure we do a pregame event that gets everybody together and ready to go into that stadium and absolutely destroy Montana State and make sure everyone is there?” Bethany Hardwig with the NDSU Foundation said of the mindset behind the change in the event.
After the Bison punched their ticket to Frisco, the NDSU Foundation conducted a survey. With the game being on Monday night for the first time, they wanted to know when fans would be in town.
Hardwig said many people would be driving down and arriving Sunday afternoon or early Monday, and the NDSU Foundation wanted an event that those fans could attend.
“That they don’t feel like they missed the thing was really important to us,” she said.
Attendance at pep fests in recent years noticeably declined as Bison Nation spread out across the Frisco area to enjoy their favorite watering holes and restaurants.
“The Bison are a huge part of what we do on that football field, so making sure people are gathered, ready and hyped is our obligation to our team,” Hardwig sad. “Our team has made it this far — Are we ready to yell loud and get them the rest of the way?”
Matt Henson is an Emmy award-winning reporter/photographer/editor for WDAY. Prior to joining WDAY in 2019, Matt was the main anchor at WDAZ in Grand Forks for four years.
North Dakota
NDGF gives preview of 2025 seasons and reflects on 2024
BISMARCK, N.D. (KFYR) – 2024 was a great year for wildlife activities in North Dakota. North Dakota Game and Fish preview what’s in store for 2025.
Whitetail deer numbers in 2024 were still slowly rebounding from previous bad winters and disease, but upland game bird numbers looked pretty good.
“I think hunters experienced a really good upland game bird season, especially the combination of pheasants, sharptailed grouse, partridge,” said Jeb Williams, Director of the North Dakota Game and Fish Department.
Fishing continues to be good on many waterbodies in North Dakota.
“Fisheries, again, another great year. I think one of the challenges of open water season in 2024 was that we had an exceptional open water 2023. So the expectations I think were really high and sometimes that’s very hard to meet,” said Williams.
Weather always plays an important role in wildlife populations.
“So 2024 started out really good as far as moisture-wise, but in a lot of areas of the state, got pretty tough come middle part of July. And that’s definitely has carried into where we’re at now. So it’s going to be have to be something that we will have to monitor and know that it can and have some impacts on wildlife if that drought persists,” said Williams.
The North Dakota Game and Fish Department is always looking to partner with private landowners to create wildlife habitat and hunting access.
“Working in partnership with those individuals and for voluntary conservation programs where maybe the piece of property isn’t as productive from an agriculture standpoint, but has some opportunities and benefits when it comes to conservation,” said
And how are things looking heading into 2025 for our state’s wildlife populations?
“Numbers-wise from bird perspective are very good. Obviously, from a big game perspective, deer, we’re at a period of time where we’re kind of in rebuilding mode for some of these areas. But there’s some opportunities out there if people are willing to take advantage of things that are currently on the high of the roller coaster ride that we have in North Dakota with some of our outdoor opportunities,” said Williams.
Another highlight in 2024 was the PLOTS program, which added an additional 40,000 acres for hunting access.
Copyright 2025 KFYR. All rights reserved.
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