Friday, June 7, 2013

North Dakota Just Keeps Booming

Most of us here call it "Rockin the Bakken"

North Dakota's economy posted a 13.4% growth rate in 2012, according to a report released Thursday by the Bureau of Economic Analysis. That's nearly three times as fast as the number two state, Texas, and trounces the national average of 2.5%.
This is the third year in a row that North Dakota took the top spot in BEA's state-by-state report on gross domestic product (GDP). The muscle behind the boom is a surge in oil production from the Bakken Shale, an underground rock formation in the northwestern part of the state.
The only folks in North Dakota who are not working, really don't want to work.

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