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University Of North Dakota: UND's Bureau of Business & Economic Research Releases Inaugural Quarterly Forecast Report(M2 PressWIRE Via Thomson Dialog NewsEdge) RDATE:15082007 GRAND FORKS, NORTH DAKOTA - The Bureau of Business & Economic Research (BBER) at the University of North Dakota today released the inaugural Quarterly Forecast Report today, making available predictions about economic growth and other measures for the United States, North Dakota, and Grand Forks and Fargo local areas. "It is BBER's hope that our forecast will be used as a guide by policy authorities at the local and state level," said to Dr. David Flynn, BBER director. "The report details good or strong growth in Fargo and Grand Forks for the current year and the next two, as well as good regional growth over the same time period." Among other highlights in the report: * The local area forecast predicts large gains for Fargo and Grand Forks nonfarm personal income that moderate signifi- cantly after 2008. * Unemployment rates in Grand Forks and Fargo will be slightly higher than in 2006 over the next three years, but still well below the US unemployment rate. A copy of the Quarterly Forecast Report is available at http://business.und.edu/bber/publications/qfr/qfr-sum2007.pdf . The Bureau of Business & Economic Research conducts forecasts of business and economic conditions and studies other issues of importance to the businesses and economy of North Dakota and the region. The Bureau is located in the Department of Economics, College of Business & Public Administration, University of North Dakota. CONTACT: David T. Flynn, Ph.D., Director, Bureau of Business & Economic Research Tel: +1 701 777 3356 e-mail: [email protected] ((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected])). Copyright 2007 M2 Communications Ltd. |