U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Dakota
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old Yesterday, 08:39 AM
 
113 posts, read 52,776 times
Reputation: 121

Advertisements

https://thehill.com/hilltv/rising/39...ing-else-while

Is this article true? How are things going on in ND and the surrounding areas. Are jobs and businesses booming?
Reply With Quote Quick reply to this message

 
Old Today, 06:18 PM
 
Location: E ND & NW MN
4,737 posts, read 9,130,625 times
Reputation: 3454
Quote:
Originally Posted by TheAcuraMan View Post
https://thehill.com/hilltv/rising/39...ing-else-while

Is this article true? How are things going on in ND and the surrounding areas. Are jobs and businesses booming?
The boom period was mainly in the 2007 to 2013 period when agricultural commodity prices rose along with the oil prices and exploration. The oil drop 2014/15 period slowed down expansion in the oil patch, and it is has been increasing again of late as capped wells open back up. The last week's price drop may stop that. But overall the initial boom period in oil in W ND is over and with better technology likely not to return to its extreme like it was 5-10 years ago. But there are certainly jobs to be had.

Farm prices drive the economy in the eastern part of the state and 2012 was the last great year for farmers income wise (If I recall correctly). Since them and esp the last 1-2 years depressed prices have meant less farm income and overall less buying of new equipment.

From a general perspective, Fargo area continues to see steady growth and Bismarck as well, while growth in other major cities have slowed. These are more tied to medical/technology than farm/oil.

The unemployment remains very low and as typical in lower population areas there are not enough qualified workers for jobs. If you remove those from the job market, who can't work due to disability, or who refuse to work, or who are on drugs....then the available pool for employers are limited.

Besides retail and fast food where the need is always there for workers, there has always been a huge demand for A/C, furnace repair, manufacturing, etc....
Reply With Quote Quick reply to this message
Reply

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Dakota
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top