North Dakota, youâ€™re No. 1.
And Iâ€™m not just saying that. According to a recent study, North Dakota leads the nation in economic competitiveness, thanks in large part to a budget surplus, a low unemployment rate, short commutes and clean air.
The study by Beacon Hill Institute at Suffolk University in Boston, according to Inforum, ranked all 50 states on their ability to create and sustain income and growth.
When most states are facing budget shortfalls, North Dakota enjoys a $1 billion surplus. While most states are grappling with staggering unemployment rates, our stateâ€™s sits at 3 percent, the lowest in the nation â€” by a lot. And we average the shortest commutes, about 17 minutes.
â€śAbout 75 percent of NDSUâ€™s $100 million-plus in annual research expenditures are spent in the Fargo-Moorhead area, giving the local economy a considerable shot in the arm,â€ť Philip Boudjouk, vice president for research, creative activities, and technology transfer at North Dakota State University, told Inforum.
In what other ways does North Dakota soar above the rest? Leave your feedback in our comments section.
Photo credit: CButler2256