Construction of affordable ‘starter homes’ has decreased 75% since the 1970s.
Rising costs aren’t the only thing stopping first-time homebuyers from buying real estate—only 9% of recent new construction is for starter homes. The majority of new housing construction focuses on higher-end buyers due to the increased cost of land, labor, and resources. The rate at which starter homes are built...
By Joe Mahon Director,
Regional Outreach, Federal Reserve Bank of Minneapolis
The past few years have been challenging for farmers in the Ninth District. Growing pressure is borne out in the Minneapolis Fed’s Ag Credit surveys, which show slumping incomes and worsening financial conditions over the last two years.
“Farmers … are suffering this year,” commented a North Dakota farm lend...
By Evelyn Pyburn
Every day one hears people complain about the rising cost of gasoline and vilifying the oil industry, with charges of gouging consumers.
The comments often conjure up memories for me, of sitting in the car at the gas station in Manhattan, Montana, where a big sign typically stated that the price of gas was 25 cents. Since I hated the “down time” of buying gas– bearing in...
Dr. Ben Carson will be the keynote speaker at the Mountain States Policy Center’s Montana Liberty Dinner in Billings, Thursday, November 6, 6:00 – 8:30 pm at the DoubleTree Hilton, Billings, 27 N 27th Street. Dr. Carson is a Presidential Medal of Freedom recipient, was Director of Pediatric Neurosurgery at the Johns Hopkins Children’s Center for 30 years, former Secretary of Housing and Urban ...
Glacier Distilling Co. is practicing “authentic innovation” as a strategic recommendation from the Whisky Market forecasts. Amid the uncertainty over imports caused by tariffs, it is good to bet on products that feature local ingredients or specialty kegs, barrels or stills. 15 year old Glacier Distilling Co. from Coram is producing it 30 different spirits largely made with ingredients sourced...