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(MSNBC)   States with the fastest growing economies. State of inebriation and despair notably missing   (bottomline.msnbc.msn.com) divider line 37
    More: Misc, fastest growing economies, Real GDP, BEA, economic expansion, population growths, NBC Nightly News, North Dakota  
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7431 clicks; posted to Main » on 12 Jun 2012 at 9:21 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-06-12 09:24:35 AM  
In before "I'd rather be unemployed in state X than live in one of those states."
 
2012-06-12 09:25:45 AM  
I was told by Mitt and Scott that Wisconsin was #1.
 
2012-06-12 09:27:18 AM  
Sounds like a lot of money being made by taking stuff out of the ground. Not very sustainable.
 
2012-06-12 09:28:29 AM  
In before "welfare state"
 
2012-06-12 09:32:47 AM  
Quick recap:
1) North Dakota
* GDP growth: 7.6 percent
* Real 2011 GDP: $34.262 billion (5th lowest)
* Population change: +1.38 percent (3rd highest)
* Pct. increase in employment: 4.8 percent (the highest)

2) Oregon
* GDP growth: 4.7 percent
* Real 2011 GDP: $186.228 billion (25th highest)
* Population change: +0.87 percent (16th highest)
* Pct. increase in employment: 1.0 percent (tied-21st highest)

3) West Virginia
* GDP growth: 4.5 percent
* Real 2011 GDP: $55.765 billion (11th lowest)
* Population change: +0.05 percent (3rd lowest)
* Pct. increase in employment: 1.0 percent (tied-21st highest)

4) Texas
* GDP growth: 3.3 percent
* Real 2011 GDP: $1.149908 trillion (2nd highest)
* Population change: +1.67 percent (The highest)
* Pct. increase in employment: 2.1 percent (3rd highest)

5) Alaska
* GDP growth: 2.5 percent
* Real 2011 GDP: $44.702 billion (7th lowest)
* Population change: +1.2 percent (6th highest)
* Pct. increase in employment: 1.1 percent (tied-15th highest)

To the other 45 states, you are pretty much farked.
 
2012-06-12 09:32:59 AM  
Awesome group of idiots in the comments sections of this article.
 
2012-06-12 09:33:57 AM  

greenbowlpacker: Awesome group of idiots in the comments sections of this article.


That was the best part of the article I thought.
 
2012-06-12 09:38:36 AM  
Hrm, aren't those all red states? Oh wait, not you, Oregon.
 
2012-06-12 09:40:00 AM  
So four out of five of the best are are lucky enough to have had their borders drawn around large amounts of expendable natural resources. Thanks Obama.
 
2012-06-12 09:49:48 AM  

anarchy_x: Hrm, aren't those all red states? Oh wait, not you, Oregon.


The whole state is Red except for the pocket that makes up Portland. Concentrated density and what not.
 
2012-06-12 09:49:49 AM  
North Dakota had a boom. But the whole state has a population (680k) that could fit in a Los Angeles subdivision.

I have a hard time taking things seriously when you compare vastly different sized states.

Oh, and for another comparison... 400,000 Californians have moved to the Dallas area in the past decade. Not just to Texas, but specifically to Dallas. And we didn't run up the property prices, we just built whole freakin' suburbs.
 
2012-06-12 10:04:42 AM  
So:

Oil
Wood
Coal
Oil
Oil

News Flash - Seems like its a good time to be an energy magnate.
 
2012-06-12 10:05:53 AM  

anarchy_x: Hrm, aren't those all red states? Oh wait, not you, Oregon.


So why aren't all red states doing well?

Oh, that's right. Because it doesn't have a damn thing to do with that.
 
2012-06-12 10:07:36 AM  

anarchy_x: Hrm, aren't those all red states? Oh wait, not you, Oregon.


Oregon isn't exactly red or blue. Those hippies defy a definition by just one color. Maybe hemp.
 
2012-06-12 10:11:59 AM  

I_C_Weener: anarchy_x: Hrm, aren't those all red states? Oh wait, not you, Oregon.

Oregon isn't exactly red or blue. Those hippies defy a definition by just one color. Maybe hemp.


Purple haze man...

i174.photobucket.com
 
2012-06-12 10:22:45 AM  

Deneb81: So:

Oil
Wood
Coal
Oil
Oil

News Flash - Seems like its a good time to be an energy magnate.


Magnates, how do they farkin' work?
 
2012-06-12 10:28:31 AM  

wildcardjack: Oh, and for another comparison... 400,000 Californians have moved to the Dallas area in the past decade. Not just to Texas, but specifically to Dallas. And we didn't run up the property prices, we just built whole freakin' suburbs.


i don't know who came from which specific places, but i and my family are 4 who moved to the mid-cities 4 years ago and now have bought a house on the ft worth side of the metroplex. i was already living in tx...in texarkana, so just barely in tx...my wife is from a tiny town just north of texarkana in arkansas

property prices are extremely inexpensive here! you can't find a comparable house any cheaper in little rock or even in a shiathole small town in arkansas
 
2012-06-12 10:32:20 AM  
Just wait. When they find a good commercial use for salt water, we are gonna all be billionaires here in Florida.
 
2012-06-12 10:41:35 AM  
State of inebriation and despair notably missing still Ohio.

Fixed that for ya there subby.
 
2012-06-12 10:45:50 AM  
Tuck Fexas

If I owned Hell and texas, I'd rent out texas and live in Hell.

In before "I'd rather be unemployed in state X than live in one of those states."

Yeah, so much
 
2012-06-12 10:51:30 AM  

Deneb81: So:

Oil
Wood
Coal
Oil
Oil

News Flash - Seems like its a good time to be an energy magnate.


or owning a railroad and getting your buddy to cancel the pipeline
 
2012-06-12 11:05:51 AM  
Humm, so nothing in the rust belt made it? What a surprise.
 
2012-06-12 11:10:40 AM  

sid244: Quick recap:
1) North Dakota
* GDP growth: 7.6 percent
* Real 2011 GDP: $34.262 billion (5th lowest)
* Population change: +1.38 percent (3rd highest)
* Pct. increase in employment: 4.8 percent (the highest)

2) Oregon
* GDP growth: 4.7 percent
* Real 2011 GDP: $186.228 billion (25th highest)
* Population change: +0.87 percent (16th highest)
* Pct. increase in employment: 1.0 percent (tied-21st highest)

3) West Virginia
* GDP growth: 4.5 percent
* Real 2011 GDP: $55.765 billion (11th lowest)
* Population change: +0.05 percent (3rd lowest)
* Pct. increase in employment: 1.0 percent (tied-21st highest)

4) Texas
* GDP growth: 3.3 percent
* Real 2011 GDP: $1.149908 trillion (2nd highest)
* Population change: +1.67 percent (The highest)
* Pct. increase in employment: 2.1 percent (3rd highest)

5) Alaska
* GDP growth: 2.5 percent
* Real 2011 GDP: $44.702 billion (7th lowest)
* Population change: +1.2 percent (6th highest)
* Pct. increase in employment: 1.1 percent (tied-15th highest)

To the other 45 states, you are pretty much farked.


4/5 are red red red states. We're talking Palin, Perry, teaparty land here....suck it libs,.
 
2012-06-12 11:11:22 AM  

Pick: Just wait. When they find a good commercial use for salt water, we are gonna all be billionaires here in Florida.


farm8.staticflickr.com

Take a cue from Eritrea and get to building some sea salt ponds! Make grandma work for that sweet, sweet government money check.
 
2012-06-12 11:14:32 AM  

I_C_Weener: anarchy_x: Hrm, aren't those all red states? Oh wait, not you, Oregon.

Oregon isn't exactly red or blue. Those hippies defy a definition by just one color. Maybe hemp.


I believe it's called the weed part (I-5) and the meth part (everything else).
 
2012-06-12 11:16:11 AM  

sid244: Quick recap:

1) North Dakota
* GDP growth: 7.6 percent == $2.4 billion
* Real 2011 GDP: $34.262 billion (5th lowest)
* Population change: +1.38 percent (3rd highest)
* Pct. increase in employment: 4.8 percent (the highest)

2) Oregon
* GDP growth: 4.7 percent == $8.36 billion
* Real 2011 GDP: $186.228 billion (25th highest)
* Population change: +0.87 percent (16th highest)
* Pct. increase in employment: 1.0 percent (tied-21st highest)

3) West Virginia
* GDP growth: 4.5 percent == $2.40 billion
* Real 2011 GDP: $55.765 billion (11th lowest)
* Population change: +0.05 percent (3rd lowest)
* Pct. increase in employment: 1.0 percent (tied-21st highest)

4) Texas
* GDP growth: 3.3 percent == $36.735 billion
* Real 2011 GDP: $1149.908 billion (2nd highest)
* Population change: +1.67 percent (The highest)
* Pct. increase in employment: 2.1 percent (3rd highest)

5) Alaska
* GDP growth: 2.5 percent == $0.530 billion
* Real 2011 GDP: $44.702 billion (7th lowest)
* Population change: +1.2 percent (6th highest)
* Pct. increase in employment: 1.1 percent (tied-15th highest)

To the other 45 states, you are pretty much farked.


Looks a little different when you state the GDP in similar terms. Changing $1.15 trillion to $1150 billion shows the scale of differences here. Also added back in the GDP growth dollar amounts (calculated). Texas' one-year growth is greater than ND's total GDP!

Not that I agree with all of the fiscal policies of the farquads in Austin, far from it. Gov. Perry and the Republican machinery have a death-grip on power in Texas, and we will have to pry it from their cold dead hands (figuratively speaking) before any significant changes can be made to social and economic policy here.
 
2012-06-12 11:59:34 AM  

anarchy_x: Hrm, aren't those all red states? Oh wait, not you, Oregon.


Beer.

Thank the beer.

//No seriously, cause it ain't the lumber industry.
 
2012-06-12 01:29:39 PM  

meat0918: anarchy_x: Hrm, aren't those all red states? Oh wait, not you, Oregon.

Beer.

Thank the beer.

//No seriously, cause it ain't the lumber industry.


Came here to say this.
There's this little company, some of you may of heard of it, called INTEL that employs almost 20,000 people in the greater Portland metro area. The lumber industry hasn't been a significant employer in the NW for a couple decades. Don't say "DUR... but, but, COMMERCIAL FISHING!" either because that makes up a tiny portion of the economy and has been shrinking for years just like the timber industry.

Still, quite surprised to see my home state at #2 on there.
I left Oregon in '04 because the job market (at the time) was better in AZ. As it turns out, it worked for me because I got my first job after graduating from the Art Institute of Portland as a Graphic Designer after only 2 weeks of living in Scottsdale. A couple years later, I was recruited by the place I've been working at ever since*.

*my experience as a Graphic Designer is not typical and your employment status after earning your B.S. degree may vary GREATLY
 
2012-06-12 02:08:28 PM  
Look at the extended list. California may not be in the top 5, but our 2% increase is worth 33 billion.
 
2012-06-12 02:34:50 PM  
Surprising lack of discussion in this thread. Maybe I should just say "Native Texan and life-long resident, so I'm really getting a kick out of these replies..."

Nah. On the other hand, if subby had used the title "Texas rocks, suck it blue-staters!" it would have been much livelier in here. Hey mods, want to try an experiment?
 
2012-06-12 02:42:53 PM  

Moonfisher: Look at the extended list. California may not be in the top 5, but our 2% increase is worth 33 billion.


Very good, and surprisingly so, considering your projected $19 billion deficit. Say what you want about our antediluvian right-wing-nutjob legislators in Austin, at least they can balance a budget. I just wish it wasn't being done on the backs of our poor and disadvantaged citizens.

Good luck over there!
 
2012-06-13 12:04:26 AM  
Just once, I'd like to a see a study that shows what percentage of that "phenomenal growth" is actually just crap retail and fast food jobs.
 
2012-06-13 01:08:59 AM  

cig-mkr: Humm, so nothing in the rust belt made it? What a surprise.


That's because we don't make as much stuff as we used to... we just dig it up and ship it to China, where they make stuff with it and sell it back to us.
/in b4 "yes we still make stuff"
//just not as much as we SHOULD compared to all the stuff we import and consume
 
2012-06-13 01:09:54 AM  

cig-mkr: Humm, so nothing in the rust belt made it? What a surprise.


Not at all. There's not much oil or coal in the rust belt is there?
 
2012-06-13 01:11:29 AM  

SuperNinjaToad: sid244: Quick recap:
1) North Dakota
* GDP growth: 7.6 percent
* Real 2011 GDP: $34.262 billion (5th lowest)
* Population change: +1.38 percent (3rd highest)
* Pct. increase in employment: 4.8 percent (the highest)

2) Oregon
* GDP growth: 4.7 percent
* Real 2011 GDP: $186.228 billion (25th highest)
* Population change: +0.87 percent (16th highest)
* Pct. increase in employment: 1.0 percent (tied-21st highest)

3) West Virginia
* GDP growth: 4.5 percent
* Real 2011 GDP: $55.765 billion (11th lowest)
* Population change: +0.05 percent (3rd lowest)
* Pct. increase in employment: 1.0 percent (tied-21st highest)

4) Texas
* GDP growth: 3.3 percent
* Real 2011 GDP: $1.149908 trillion (2nd highest)
* Population change: +1.67 percent (The highest)
* Pct. increase in employment: 2.1 percent (3rd highest)

5) Alaska
* GDP growth: 2.5 percent
* Real 2011 GDP: $44.702 billion (7th lowest)
* Population change: +1.2 percent (6th highest)
* Pct. increase in employment: 1.1 percent (tied-15th highest)

To the other 45 states, you are pretty much farked.

4/5 are red red red states. We're talking Palin, Perry, teaparty land here....suck it libs,.


Don't be a fool. The boom is in these states is due to dumb luck more than anything. The luck of having your state on top of a shiat load of oil and / or coal.
 
2012-06-13 01:14:44 AM  

WordyGrrl: Just once, I'd like to a see a study that shows what percentage of that "phenomenal growth" is actually just crap retail and fast food jobs.


It's more likely due to a mining boom.
 
2012-06-13 12:42:23 PM  
Moonfisher
2012-06-12 02:08:28 PM
Look at the extended list. California may not be in the top 5, but our 2% increase is worth 33 billion.


Math......how does it work?
 
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