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undbber

  1. As seen in our Dickinson presentation, the outlook for unemployment in North Dakota is strong. We forecast a decline and that is happening.
  2. Getting ready to tour Dickinson and give a lunchtime presentation about the region's economy and the forecast for North Dakota.
  3. Getting ready to go on KNOX 1310 AM. We posted the most common questions asked about Bobcat impacts on our website today.
  4. BBER director David Flynn is going on KNOX 1310 AM in Grand Forks @ 3pm.
  5. Analyzing labor market data in anticipation of a discussion with Congressman Pomeroy.
  6. BBER Director going on KNOX 1310 in Grand Forks. Program title is "From Wall Street to Main Street."
  7. Had lunch to welcome Dr. Tsang to the UND econ dept.
  8. Bernanke's Jackson Hole speech is a good summary of the last year, though the macroprudential regulatory idea is far from a certainty.
  9. Bernanke does not see rapid economic recovery. No big surprise there.
  10. Posted our analysis of nonfarm employment changes by sector for North Dakota. Not all is rosy in ND, though still better than US picture.
  11. North Dakota unemployment rate for July 2009 is 4.2%. 0.9% higher than last year. Preliminary estimates show a decline in unemployed.
  12. Sec. Geithner talk of a housing recovery is premature and he may regret those words.
  13. Tomorrow BLS will release state employment and unemployment information for July 2009. We will post as soon as we assess the results.
  14. Posted information about North Dakota from BLS Business Employment Dynamics report released today. http://business.und.edu/bber
  15. Despite improvement in the Philadelphia Fed Index, continue to expect uneven recovery for the foreseeable future.
  16. North Dakota was one of two states to report net employment growth in Q4 of 2008.
  17. BBER just posted our thoughts on the labor situation in the US on our website. http://www.business.und.edu...
  18. Flat inflation in the presence of drastic declines in demand should tell us something.
  19. What a surprise, lower consumer confidence. the Wal-Mart report should have made that clear.
  20. Labor costs down, productivity up makes for little surprise with stocks up.