Oil Producing North Dakota Outshines Other States in Personal Income Growth
Bakken Shale Formation, hydraulic fracturing, north dakota, Oil Shale, Personal Income Growth
By Institute for Energy Research —— Bio and Archives--April 14, 2014
Global Warming-Energy-Environment | Comments | Back To Full Article
According to the Bureau of Economic Analysis (BEA), average personal income growth in the U.S. slowed to 2.6 percent in 2013, from a 4.2 percent increase in 2012.(i) The lowest state personal income growth was in West Virginia (1.5 percent) while the highest state personal income growth was in North Dakota (7.6 percent). North Dakota’s growth was almost double the next highest state and almost three times as much as the national average.
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