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Economic Outlook Forum Highlights Several Factors at Play in Economy

February 26th, 2014 by Danielle Teigen

The annual Economic Outlook Forum offered nearly 500 attendees a glimpse of the various factors affecting the regional economy: energy exploration, workforce availability, technology, entrepreneurism and health care. A highlight of the event was the social interaction among attendees via Twitter using #EOF14.

Pam Sharp from the North Dakota Office of Management and Budget presented details about the North Dakota economy from Moody’s Analytics, citing the different ways North Dakota’s economy has been recognized.
Download Sharp’s presentation.

Ross Manson from Eide Bailly talked about health care and its influence on the economy, using the word “disruptive” to explain how dynamic the industry is right now. He said the health care system is transitioning from a system that diagnoses and treats ailments to one that promotes preventative health and wellness actions.
Download Manson’s presentation.

In his presentation of the Business Economic Outlook Survey results, Dan Staller from Starion Financial cited that the issue of staffing and available, skilled employees jumped to the number 1 issue employers face compared to last year.

Jim Gartin from the Greater Fargo Moorhead Economic Development Corporation rounded out the presentations by talking about the 2014 projections for the metro area, highlighting the incredible growth opportunities regarding technology, life sciences and entrepreneurial activity.
Download Gartin’s presentation.

The event concluded with the presenters answering questions that had been asked via Twitter, such as the role of arts in a thriving economy, how to sustain economic growth considering the severe lack of available workforce, and others.

Check out the Twitter conversation yourself by searching #EOF14, and be sure to check out the April issue of The Bridge to read more about the Economic Outlook Forum.

Thank you to Cass County Electric Cooperative, Starion Financial, NDSU Department of Management & Marketing, Bank of the West, Essentia Health, Eventide, Gate City Bank, Gateway, Chevrolet, Cadillac, Otter Tail Corporation, Onsharp, Media Productions and all of our Corporate Table Sponsors for your support of this event.

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