Ag & Oil Help Boost ND Per-Capita Income 78{fd15d42d1b024b97d6d50958be27cc8145b6addb99e015780abccf2984117bb0}


The following is portion of an article from the Grand Forks Herald:

FARGO — Thanks to strong growth in the agriculture and mining industries — particularly oil and gas production — North Dakota’s per-capita personal income has risen more than 78 percent since 2000, according to statistics released Friday by the federal government and the state Department of Commerce.

That’s more than double the 37.4 percent increase in per-capita income seen nationally, the U.S. Bureau of Economic Analysis reported.

Per-capita personal income in North Dakota in 2011 was $45,747, an increase of $20,155 since 2000, when per-capital personal income was $25,592, the BEA reported.

“We are very pleased and proud that North Dakota, in the last 10 years, has gone from 38th in the nation to ninth in the nation in personal incomes,” Gov. Jack Dalrymple said in a news release. “That’s the proof our policies for economic growth are working.”

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Source:  Grand Forks Herald

Posted by Haylie Shipp


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