North Dakota's GDP has grown 4.04% annually over the past decade, compared to 0.54% for the entire U.S., as companies have begun exploiting oil in the western part of the state. In some counties incomes have growth rates in excess of 10% per year since 2005 -- this is a hot jobs market and a growth opportunity for investors. The Motley Fool's Erin Miller sat down with Fool.com contributor Travis Hoium to see what's going on in North Dakota and how investors can get in the game.
The frozen state of North Dakota is the hottest job market in the U.S.
About the Author
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
