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The Silent Decade of Recession

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The Silent Decade of Recession

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

Dustin Gawrylow
Feb 18, 2023
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The Silent Decade of Recession

watchingnd.substack.com
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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:

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