As Minnesota’s summer season hits its stride, hospitality businesses are facing stormy skies instead of clear sailing. A new survey from the Minneapolis Fed reveals that rising costs, cautious customers, and a wave of cancellations are leaving hotels, restaurants, and resorts in[...]
Tag: Economic Forecast
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Nonprofits roiled by funding cuts and threats of more cuts, surveys find
Across Montana, North Dakota, and South Dakota, nonprofit organizations are feeling the ground shift beneath them. Federal funds are drying up, private donations are faltering, and costs—from food to wages—keep climbing. In a spring survey of over 250 nonprofits, nearly every response[...]
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Fed holds interest rates steady, still sees 2 cuts coming this year
Even as inflation shows signs of cooling, the Federal Reserve isn’t ready to ease up just yet. With interest rates holding steady for a fourth straight meeting, Fed officials now predict inflation will tick back up before the year ends—though they still[...]
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Former head of the World Bank shares global economic insights during lecture at NDSU
For decades, Robert Zoellick helped shape America’s approach to the world — open markets, strong alliances, and steady leadership. Speaking this week at North Dakota State University, the former World Bank president warned those principles are slipping. From trade wars with Canada[...]
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Listen: When it comes to the economy, it’s all about uncertainty
Uncertainty can be just as damaging as the tariffs themselves. That’s the concern from economists like Mark Zandi, who warns that President Trump’s shifting trade policies are rattling businesses. After threatening steep tariffs on Canada and Mexico, then delaying them, then enforcing[...]
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NDSU Economist Has outlook positive for North Dakota
NDSU Professor Jeremy Jackson is the Director of the Center for the Study of Public Choice and Private Enterprise. And in that role, he’s developed a quarterly economic forecast model. The fourth quarter model was released in November and is showing positive[...]