Friday, January 24, 2014

North Dakota Is Number One

North Dakota is the first state when it comes to a having a unique state capitol.

North Dakota's 19 story art deco Capitol tower completed in 1934, photo January 24, 2014.

And growing population, low unemployment and blistering economic growth.

In today's Bismarck Tribune we learn that North Dakota is leading the nation in population growth.
 BISMARCK, N.D. — North Dakota had the largest percentage growth of population in the latest U.S. Census Bureau release of such numbers.
The agency says the state grew by 3.1 percent from July 2012 to July 2013.
North Dakota's population has bounced back to exceed its previous high, experienced in 1930. This is a major short term turn around for the state as well, economically and oil driven.
Just a decade ago, North Dakota held the dubious distinction of being the only state to lose population. But its strong economy, led by the booming oil patch in the western part of the state, has attracted thousands of new residents in the past few years, reversing a decades-long trend of outmigration, where more people were going than coming, said Kevin Iverson, manager of the Census Office at the state Commerce Department. 
"Obviously, the reason people are migrating here is for economic opportunity," he said. "The economy in the rest of the country isn't very good, and if the rest of the country wasn't helping us out, we wouldn't be where we are at." 
North Dakota has gone from the nation's ninth-biggest oil producer in 2006 to the second, behind only Texas. The state has thousands more jobs than takers and the lowest unemployment rate in the nation, at less than 3 percent, Job Service North Dakota data show. 
"After years of out-migration and population decline, it's great to see that our economic growth continues to keep North Dakotans home and that we are attracting new residents throughout the state," Gov. Jack Dalrymple said in a statement.
And the rebound here is bringing young people and all that vibrancy stuff into the state.
North Dakota Black Gold
theme hat, January 2014.
North Dakota's loss of young people between the ages of 25 and 39 was the highest outmigration rate of that age group in the United States from 1995 to 2000. The state's population is now getting younger. Census data show that the median age of North Dakota residents increased between 2000 and 2008, to 37.3 years of age. Since 2008, the median age of North Dakota residents has declined to 36.1 years of age, data show. 
Iverson said people have moved from all states to North Dakota. 
"Oil is the engine," he said. "It's just opportunity. People are realizing this is where the future is at."
Oil it is, black gold, North Dakota tea.

For more than 15 years, New York state has led the country in domestic outmigration: For every American who comes here, roughly two depart for other states. This outmigration slowed briefly following the onset of the Great Recession. But a recent Marist poll suggests that the rate is likely to increase: 36 percent of New Yorkers under 30 plan to leave over the next five years. Why are all these people fleeing? 
The drivers are clear.
For one thing, according to a recent survey in Chief Executive, our state [New York] has the second-worst business climate in the country. (Only California ranks lower.) People go where the jobs are, so when a state repels businesses, it repels residents, too.   
Indeed, the poll also found that 62 percent of New Yorkers planning to leave cited economic factors — including cost of living (30 percent), taxes (19 percent) and the job environment (10 percent) — as the main reason.   
Upstate, a big part of the problem is extraordinarily high property taxes. New York has the country’s 15 highest-taxed counties, including Nassau and Westchester, which rank Nos. 1 and 2.Most of the property tax goes toward paying the state’s Medicaid bill — which is unlikely to diminish, since the state’s most powerful lobby, the alliance of the hospital workers’ union and hospital management, has gone unchallenged by our new governor, Andrew Cuomo. 
North Dakota yes, New York state no.

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