• Grand Forks Employment: A Road to Where?

    by  • 2015/10/08 • 0 Comments

    I had to finish the statistics and report for a grant project so there was a break from the blogging. Now that the Cubs are actually playing meaningful baseball in October I am not sure how often I will get back to this, but I will try. I mentioned this graph recently when talking...

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    Numbers never lie, but …

    by  • 2015/10/07 • 1 Comment

    That does not mean they actually mean anything. My dad sent me a Chicago news station story about the Cubs game tonight. The story explained that the start time of the game in military format was 19:08, and 1908 was the last year the Cubs won the World Series. By the way did you...

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    Fewer Shades of Grey in ND

    by  • 2015/09/24 • 0 Comments

    JT tends to ask me the following question: “What worries me about the outlook for ND?” Over the last few years I answered that there was not much. That was then, this is now. North Dakota hit its first oil price catastrophe for this round of the oil boom and we are watching to...

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    Penchant for Pensions

    by  • 2015/09/17 • 0 Comments

    JT and I talked many times about pensions and the unfortunate arithmetic behind most defined-benefit pensions. We keep seeing issues arise with the pensions in places like Detroit, or now Illinois. To reiterate, I have no issue with the defined-benefit pension plan in theory. The issues I have focus on the management, or should...

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    Politics Bores Me (for now)

    by  • 2015/09/01 • 0 Comments

    I have yet to pay serious attention to the political actors running for President from the two major parties, though JT keeps threatening to ask me about this on the radio. I think it too early to take any candidacy seriously at this point, at least from a policy perspective. What do I mean...

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    North Dakota Labor Force: Oil Bust? Edition

    by  • 2015/08/26 • 0 Comments

    The recent drops and volatility in commodities markets, particularly oil, are well-known. One of the big ongoing questions for the state of North Dakota is the impact on the state economy of these new developments in oil. We have seen that oil and gas output is not necessarily suffering with the price decreases or volatility....

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    Explaining ND Oil

    by  • 2015/08/20 • 2 Comments

    Recently I visited New York City and had occasion to talk with some people about the situation with oil in North Dakota. The question on their mind has to do with the continued high level of oil production despite the decreased price. Rather than total amount of oil produced, or barrels per day, let’s...

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    Today’s Radio Topic: Gas Prices

    by  • 2015/07/30 • 1 Comment

    So JT mentioned he would like to talk about gas prices, specifically them falling to around or under $2/gallon at some point this year. I assume it refers to something like this story. Consumer response to gas prices have been interesting. The traditional connection between oil prices and gas prices is one that most...

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    Share of General Expenditure, US and ND

    by  • 2015/07/30 • 0 Comments

    Lately my thoughts turn to public finances in North Dakota. In particular I am thinking about the status of public pensions in North Dakota, both on their own terms and compared to other places. One of the things you need to consider when discussing an issue like pensions is the general financial context of...

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    North Dakota Age Breakdown

    by  • 2015/07/23 • 0 Comments

    For those interested in a little more detail here is a nice little graph for you: This is the breakdown of North Dakota population from 2010 to 2014 (the mid-year estimates) into the standard five-year age categories. So what do you want to look at? In this case you want to look at the...

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    North Dakota Median Age

    by  • 2015/07/23 • 0 Comments

    Just a brief post while I gather more data for analysis. North Dakota is getting younger. Since 2010 the median age of a North Dakotan declined by 2 full years. This is a major age decline, and for a population that not too long ago was graying faster than the nation as a whole....

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    Population in North Dakota: Percentage Hispanic

    by  • 2015/07/09 • 0 Comments

    A little data update regarding the North Dakota population. More of these will follow for sure. Looking at the American Community Survey over the last few years the percentage of the North Dakota population with hispanic origin is on the rise, and according to the last update for July of 2014 it is now...

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