Results Champion?: NO
For many reasons, including relatively soft decline during the recent recession and an oil and gas boom, North Dakota’s economy is the best in the nation. Specific measures that stand out include high school graduation rates, number of 2-year degrees, low government spending and debt. North Dakota is also the least dependent state on grants-in-aid.
North Dakota still has a comparatively small economy despite double-digit growth in recent years. the near total lack of venture capital dollars in the state implies lack of economic innovation that could threaten the state’s growth sustainability. The state also has low outcomes in workplace injury, size of government, and financial transparency.
North Dakota is blessed by solid economic outcomes. But two issues should be noted. The potential environmental consequences of the oil and gas boom affecting North Dakota in the long run and the instability to the economy and government revenue that an oil and gas bust may create. Taking steps to ensure long term growth should be the main focus for North Dakota.