The Silent Decade of Recession

What if a state's economy was stagnant for a decade and no one talked about it?

North Dakotans feel like the economy is growing. There are more people, more houses, and more businesses openings. The only thing holding us back is a lack of workers. Right?

Maybe not.

According to the Federal Reserve, when adjusted for inflation, North Dakota has been in the midst of a “GDP Recession” since 2014.

Here is the Inflation Adjusted Version: