Don't forget: North Dakota more than doubled our economic growth rate, and they have a state income tax (socialists!). And their growth wasn't just from those lucky oil strikes: BEA says the largest contributors to growth in North Dakota were agriculture, forestry, fishing, and hunting.
Other interesting notes from the report:
- Alaska had the worst economic performance, with real GDP dropping 2.0% (lesson: don't base your economy on petro-dollars).
- Real GDP per person:
- U.S.: $37,899
- S.D.: $37,690 (I'm evidently not pulling my weight!)
- N.D.: $37,832
- Minn: $41,573 (again, I thought income taxes were supposed to kill economic activity)