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By the Numbers: North Dakota’s Economy in 2022

By the Numbers: North Dakota’s Economy in 2022

by LCD Staff | Feb 1, 2023 | Economy, In the News, Lewis & Clark Development Group, News & Analysis, North Dakota

(Source & Credit: IBISWorld) – New numbers have been released on the state of North Dakota’s economy in 2022. The numbers are provided by IBISWorld, which provides economic and demographic research for businesses and governments around the world. North...
Survey: North Dakota’s economy remaining strong despite regional challenges

Survey: North Dakota’s economy remaining strong despite regional challenges

by LCD Staff | Dec 27, 2022 | Economy, In the News, Lewis & Clark Development Group, News & Analysis, News of Interest, North Dakota

(Source: Prairie Public News) –  It was the only state that showed economic growth in a survey of regional supply managers last month. North Dakota is the only state in the nine-state Mid-America region with a growing economy. Dr. Ernie Goss is an economics...
North Dakota’s rural small businesses facing significant workforce challenges

North Dakota’s rural small businesses facing significant workforce challenges

by LCD Staff | Dec 13, 2022 | In the News, Lewis & Clark Development Group, News & Analysis, News of Interest, North Dakota, Small Business

(Source and Credit: The Center Square) – Small businesses in rural North Dakota are having a difficult time attracting and retaining workers, forcing some businesses to completely overhaul the way they operate. “Whether it’s in rural communities or in larger...
Forbes: If you need business financing, now may be the best time

Forbes: If you need business financing, now may be the best time

by LCD Staff | Nov 7, 2022 | Economy, Lewis & Clark Development Group, News & Analysis, SBA 504 Loan

(Source & Credit: Forbes) — If you’ve opened a small business within the past few years, you can be forgiven for thinking that the interest rate market in 2022 is bonkers. After all, before 2022, it seemed as if interest rates would always be stuck at...
Report ranks states with the most job openings, finds North Dakota in the middle of the pack

Report ranks states with the most job openings, finds North Dakota in the middle of the pack

by LCD Staff | Aug 22, 2022 | Lewis & Clark Development Group, News & Analysis, News of Interest, North Dakota

(Source & Credit: 24/7 Wall St.) — The number of unfilled jobs has hit multi-decade highs in recent months, and businesses across the country are struggling to find and hire workers. There were more than 11 million job openings nationwide at the end of May...
Report: Average home mortgage closing costs increased 13.4 percent in 2021

Report: Average home mortgage closing costs increased 13.4 percent in 2021

by LCD Staff | Jul 23, 2022 | Affordable Housing, Housing, News & Analysis, News of Interest

(Source: CoreLogic) — A new report compiled by CoreLogic’s ClosingCorp shows that the national average for home mortgage closing costs for a single-family property in 2021 were $6,905 including transfer taxes and $3,860 excluding transfer taxes. These...
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