50-State View, Energy & Environment, Finance, Lawmakers, Politics, State Budgets

Bird’s eye view: North Dakota’s economy recovering fastest

North Dakota’s economy, spurred by an oil boom, is recovering from the recession faster than any other state’s, according to the new Bloomberg Economic Evaluation of States Index (BEES), which uses real estate, employment, tax and stock data to gauge the economic growth of all 50 states. No. 2 on the BEES index is Michigan, which has been ranked dead last for the past decade. The most stressed economies, according to the index, are North Carolina’s, weighed down by the stock price of Bank of America Corp., and New Mexico’s, which has been buffeted by declining real estate prices in eight of the last nine quarters.

U.S.A. map for Bird’s Eye View article


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