22 research outputs found

    Building the Economic Base: A Survey of New and Expanding Firms

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    The article addresses a negative trend North Dakota was facing in its’ farming and energy sectors. The importance for the state to develop new policies and programs to encourage economic growth, new enterprises and industries. The need to producers create more products to export were cited as being important for the creation of employment opportunities was stressed

    Recent Changes and Future Trends For North Dakota's Economy

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    The authors cover recent changes in North Dakota’s economy and offer predictions of the ideas on possible future trends in the economy. North Dakota's economic base doubled from 2.6billionin1958to2.6 billion in 1958 to 5.2 billion in 1987. The 1970's experienced rapid growth due to agricultural products. The energy sector increased in the 1980s. Rapid growth was followed by a steady decline in the state's total economic base due to the state being too focused on only agriculture and petroleum. The article recommended further diversification of goods and services to buffer against market risks

    Becoming Part of the Solution... A Success Story for Rural North Dakota

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    This article gives background into why Hal Rosenbluth, president of Rosenbluth Travel, one of the nations three largest travel agencies, chose to locate in Linton, North Dakota town of 1,500 residents. In 1988, many farmers in Linton were struggling due to drought conditions that gripped their area. Hal researched the cost of locating in Linton. He was aided in this venture. A this writing, they had plans on expanding their staff numbers

    Management Adjustments in the Face of Farm Financial Stress

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    This is a discussion of farmers and ranchers who were using management strategies to overcome the financial pressures in the 1980s in North Dakota. These strategies are addressed, which included the putting off of new capital such as farming machinery, reduced tillage operations, reduced family expenses, the refining of their fertilizer and chemical programs, changing their cultivation practices to include minimum or no till operations, changing their cropping patterns and/or the sell land, machinery or livestock to generate funds. All of these have been utilized to stay solvent in a tough economic marketplace

    Characteristics of North Dakota's Manufacturing Sector Work Force

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    The topic is the characteristics of North Dakota’s manufacturing sector work force. The need for diversification in the North Dakota economy has become evident especially in light of turndowns in agriculture and energy

    Economic Impact of Leafy Sputge in North Dakota

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    The weed leafy spurge and it's difficulty in controlling and it's negative economic impact are discussed. Cattle do not like the taste of it. In 1987, 1.2 million of North Dakota's 13.2 million untilled acres were infested by it.Leafy spurge spreads quite quickly. Leafy spurge cost North Dakota $212 million dollars annually

    Beginning Farmers in North Dakota

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    A comparison between the severity of 1930s and 1980s North Dakota farming is cited. Study is given into key factors and demographics that led new entrepreneurs into farming during that changing time such as off-farm employment opportunities

    Farm Financial Stress in North Dakota: Selected Characteristics of Farm and Ranch Operations

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    The topic is financial stress experienced by farmers in North Dakota. Various other aspects of those farmers they conducted a phone survey are given

    Farm Household's Adjustments to Changing Economic Conditions: Highlights of 1986 Farm Survey

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    This article is a comprehensive summary of survey results from the March 1986 follow-up survey of over 900 North Dakota farmers initially contacted in March and April 1985. That year 933 farmers and ranchers were surveyed regarding their 1984 financial and other socio-economic characteristics, such as their off-farm employment histories and trade patterns. Causes of the farm situation, attitudes about farming and farmers, financial assistance policies, management adjustment strategies and the effects on personal lives are presented in this paper
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