I Love How North Dakota is Growing (as long as nothing changes)
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Transcript of I Love How North Dakota is Growing (as long as nothing changes)
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I HOW NORTH DAKOTA IS GROWING …
(as long as nothing changes)
Sandy McMertyNorth Dakota Department of Commerce
www.NDCommerce.com
/ExperienceND/ExperienceND/ExperienceND
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CRAZY LUCKY PEOPLE
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www.NDCommerce.com
#1 Best-Run State in the Nation – Wall Street 24/7
#1 Housing Growth per Capita - U.S. Census
#1 Growth Performer States Since 2000 - U.S. Chamber
#2 In State Competitiveness - Beacon Hill Institute
#2 Best States for Entrepreneurship -Univ. of Nebraska
#2 Oil Producing State - ND Mineral Resource Division
#3 Top States for Business - CNBC
#3 Pro-Business State - Pollina Corporate RE
#2 Best States for Business - Forbes Magazine
#1 Best States for Young Adults – Moneyrates.com
585% Increase in Exports Since 2000 - U.S. Dept. Commerce
NORTH DAKOTA BY THE NUMBERS
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NORTH DAKOTA LEADS THE NATION IN ECONOMIC GROWTH
Last 5 years – Avg. Growth Rate of 8.7%
Last 10 Years – Avg Growth Rate of 6.5% (nat’l 1.4%)
Tops in GDP – 4 of the Past 5 Years
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www.NDCommerce.com
• North Dakota’s gross domestic product (GDP), a measure of total economic production, increased 6.3 percent in 2014 to top economic growth among all states.
• Over the past decade, North Dakota’s economy has averaged an annual growth rate of 6.5 percent compared to the national average of 1.4 percent. Since 2010, the state has averaged an 8.7 percent growth rate in GDP.
North Dakota leading the nation in economic growth
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www.NDCommerce.com
MEN (AND WOMEN) AT WORK
North Dakota Employed
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www.NDCommerce.com
UNEMPLOYMENT RATE COMPARED TO U.S.
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www.NDCommerce.com
LARGEST GENERATION BY STATE
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www.NDCommerce.com
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www.NDCommerce.com
CORN PRICES
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www.NDCommerce.com
OIL PRICES
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www.NDCommerce.com
TARGET INDUSTRIES
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www.NDCommerce.com
EXPANDING NORTH DAKOTA – LAST 60 DAYS
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www.NDCommerce.com
CURRENT JOB OPENINGS
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Private/public sector program designed to help solve the greatest challenges facing our business community:
• Workforce Development• Recruitment• Retention
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www.NDCommerce.com