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GF Business News: NPN extension…jobs & ESSER survey


By Doug Barrett
Jun 27, 2021 | 8:02 PM
The U.S. economy grew at a solid 6.4% rate in the first three months of this year, setting the stage for what economists are forecasting could be the strongest year for the economy in possibly seven decades. The Commerce Department said Thursday that growth in the gross domestic product, the country’s total output of goods and services, was unchanged from two previous estimates.
 
Consumer spending was flat in May while incomes dropped for a second month as the impact of the government’s individual impact payments waned. Inflation, however, posted a sizable gain of 0.4%. The Commerce Department reported that consumer spending was unchanged in May, a marked slowdown following gains of 0.9% in April and a 5% surge in March that had been fueled by distribution of payments of up to $1,400 per individual from a $1.9 trillion stimulus bill. ....

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Voters Deciding $86 Million School Bond Referendum In Grand Forks


KVRR Local News
June 22, 2021
GRAND FORKS, N.D. People in Grand Forks right now are voting on an $86 million bond for school projects.
If it’s approved, around $64 million will be used for a new K-8 grade campus at the Valley Middle School site.
Fifteen point four million dollars will be used to make safety, security and accessibility improvements along with infrastructure repairs and special education improvements.
The two questions on the ballot need 60% approval to pass.
One would approve the bond while the other would allow for a 10-mil increase in property taxes.
That would be around $3.75/month for each $100,000 home value. ....

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