A Positively Moving Experience
Will you move to one of the fastest growing states?
In 2012 there was a marked GDP growth rate boom. The boom came from several interesting states. Concomitant to the flight of an economic state, population densities rises. Most often these densities grow to the direction of vocational application. For example, where there is oil, there is a tycoon who employs engineers, machinists, and so forth. Financials trickle down to jobs from that particular exploit, and etcetera. Because of it, people who may be qualified to work in smaller markets may choose to relocate to one thriving and establishing more money upon its residents. Here within we find what’s behind the GDP growth rates expected to shape the 2014 economy and housing boom. If you’re a web developer in Virginia, there are some reasons for you to relocate to Washington, for instance. There may be a chance that one of these booms will come to you. Or, if you haven’t thought about it yet, based on housing affordability, now may be the time to consider moving your feet.
Move to North Dakota
GDP Growth Rate 13.4%
North Dakota has become the focus point for shale oil. Having no stilled oil demand in sight, the economy is taking on a much needed boost at the cost of potential environmental accidents, like the recent train collision on 30 December 2013. Accidents aside, the growth of the economy will eventually support other economic endeavors which should lead to the development of the state. Expect North Dakota to keep booming and people to keep moving there in the future.
Move to Texas
GDP Growth Rate 4.8%
Speaking of oil… Texas has the largest population growth in the United States of America. According to the U.S. Census Bureau, in just three years its population added 1.3 million people. Here’s the catch, it’s not just oil anymore. Although a foundation of oil might have coined the states reputation, a large part of the economy is multi-dynamic. Take the professional service sector, for instance. Careers in insurance, technology, and financial services have exploded. Find yourself in one of these careers, the housing is new, and very affordable to make a move into.
Move to Oregon
GDP Growth Rate 3.9%
Oregon has been called the “Silicon Forrest” because their double-digit tech employment resurgence. While tech industries represent a high-risk for those outside the sector, those within the sector can make strong gains. It’s like Mark Zuckerberg syndrome from when the goober purchased four homes which surround his property in Palo Alto. These homes could have possibly gone to families non- tech-related. Instead a micro- macro monopoly begins. But, if you’re under the wing, it might be wise to parlay your already lucrative tech carrier into a newfangled stronghold.
Move to Minnesota
GDP Growth Rate 3.5%
Then there are those in the reverberations. 3M, Target and Best Buy heartily support the Minnesotan economy. But, the economy is also fueled by manufacturing, construction, wholesale trade, real-estate and finance wellness. The Minnesotan economy is coupled to North Dakota’s shale oil push- through the Minneapolis Federal Reserve Bank- and the Corval Group. Seems like Minnesota is booming a little in the aftershock, but more holistically than most places. If you can live with a bitter cold, Minnesota is a beautiful place to find yourself living.
