North Dakota’s personal income up 78 percent due, in part, to energy
Statistics released from the U.S. Bureau of Economic Analysis showed North Dakota’s per-capita personal income has jumped 78 percent since 2000. As a whole, the nation increased 37.4 percent during that same time period. North Dakota’s personal income per-capita in 2000 was $20,155 compared with $45,747 reported in 2011, causing the state’s ranking to jump from 38th to ninth. According to the North Dakota Department of Commerce, the jump can be credited to the oil, gas and coal mining section and the agricultural sector. Read the article on personal income per-capita increase in the Grand Forks Herald (registration may be required).
You may be interested in:
North Dakota Energy Spotlight – Workforce/Training/Education
U.S. Bureau of Economic Analysis report