oil

Sorry for the lack of blogging but I was a speaker at the Minneapolis Fed Regional Economic Conditions Conference this Tuesday (link to presentations here). My slides are available from the Fed site as well. I thought I would highlight a few things that got the attention of the audience.

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Many times people asked me about the relative importance of the agriculture sector and the mining sector so I thought I would show some current data. Now the coal industry output remains almost the same over this time frame, so the oil sector is responsible for the growth. The data run from 2005Q1 to 2015Q3 and the lines display each sector as a share of total GDP (private and public sector).

Continue reading Mining & Ag GDP Shares in North Dakota

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