The fastest growing states are setting a better example
for the other states!
We got this information about the fastest growing states from a news article we read on CNN. The fastest growing states include North Dakota, Texas, Oregon, Washington and Minnesota. This is extremely interesting news.
The Bakken Shale area of North Dakota is booming because of the oil and petroleum production there. People can make lots of money working for these companies. The state has been able to reduce it's taxes because the state is getting richer from the oil production. The unemployment rate is under 3% which is really low compared to the rest of the country!
The second fastest growing state is Texas. Oil production, auto and aircraft manufacturing and electronics are expanding in Texas and provide lots of new jobs which makes more money.
The third fastest growing state is Oregon and their boom is coming from the development of computers and electronics, particularly the company, Intel. This company is huge in the computer electronic industry. Intel has 6 different manufacturing campuses and has over 17,000 employees which makes them the largest private employer in the state.
Information, manufacturing and retail are pushing Washington forward as the fourth fastest growing state in the country. Companies like Boeing, Microsoft and Amazon all have headquarters and manufacturing in Washington state.
And the last one in our list today is the fifth fastest growing state in the country: Minnesota! Minnesota is growing fast because of construction, real estate, wholesale trade and agriculture. The big companies growing in Minnesota are Target, 3M and Best Buy.
These fastest growing states show us that America is best at manufacturing and business in it's own country (the US). We can make sure that the economy and manufacturing stay within the borders of the US, thereby making sure that America stays a super-power!