Great Plains economy is bucking the odds

Author:
Updated:
Original:

The unemployment rate in North Dakota is 3.7 percent, and "if it wasn't for cable news, we probably wouldn't have any idea that the rest of the country was any different," said an insurance business owner in West Fargo, who said he has added six new employees this year.

As businesses across the country struggle to recover from the deepest recession since World War II and the national jobless rate remains stuck at 9.6 percent, Bloomberg reports there's an ongoing boom in commodities such as wheat and soybeans that is having a positive chain reaction on employment and the economy in the Great Plains.

Click here for the full story.

Related

NMMA Confirms Industry Growth

NMMA president Frank Hugelmeyer said the boating business grew 12 percent last year during yesterday’s virtual State of the Boating Industry address.

Newport Show Dates Announced

Organizers are planning for an in-person Golden Anniversary edition of the show Sept. 16-19.

Quick Hits: March 5, 2021

The National Association of Manufacturers names Brunswick Corp. CFO Ryan Gwillim to its Board of Directors.

Caught Red-Handed

Two commercial fishermen were jailed for possessing an illegal haul that included 100 undersized lobster tails, which is a felony. Also, fisheries management gets new funding.

Bennington Expands Operations

The pontoon builder plans to add jobs at its new facility in Elkhart County, Ind., and increase manufacturing output.

KVH Industries Names CFO

Longtime telecom financial executive Roger A. Kuebel assumes the position that COO Brent Bruun had held in an interim capacity.