North Dakota's Personal Income Shows Significant Growth
by ND Commerce
Posted on 5/4/2012
North Dakota's per capita personal income has increased over 78 percent since 2000, according to statistics recently released by the U.S. Bureau of Economic Analysis (BEA). According to the BEA report, the per capita personal income in North Dakota in 2011 was $45,747; an increase of $20,155 since 2000 when the per capita personal income was $25,592. Nationally, per capital personal income increased by 37.4 percent over the same period.
"We are very pleased and proud that North Dakota, in the last 10 years, has gone from 38th in the nation to 9th in the nation in personal incomes," Gov. Jack Dalrymple says. "That's the proof our policies for economic growth are working."
The BEA report illustrates that citizens from all regions of North Dakota are enjoying significant gains in personal income. The complete Bureau of Economic Analysis report is available at http://www.bea.gov/bea/regional/spi/.