Economic Expansion in North Dakota

GRAND FORKS, ND (trfnews.i234.me) North Dakota’s economy is growing.
the latest economic outlook report for north dakota is showing continued improvement for 2022 despite a national economy that shrank in the first quarter and is showing signs of entering a recession the quarterly report by the university of north dakota predicts growth in wages and salaries as well as growing labor force with decreasing unemployment rates strong total tax collections and a rising growth state product the report says that consistent with the previous forecast the labor force grew by nearly one percent in the first quarter of the 2022 year this growth is expected to continue over the next year the state unemployment rate is forecast to hold steady near its current level of about 3 percent

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