The Regional Economy
DataNinth District Forecast
Data as of December 21, 2012
Nonfarm Employment
Employment is expected to grow moderately. In 2012, nonfarm employment grew in all areas of the district after posting decreases or slow growth during 2011. North Dakota saw a strong growth rate of 4.7 percent in 2012, building on a 5.4 percent increase in 2011. The slowest growth during 2012 was in Wisconsin and the Upper Peninsula of Michigan, where nonfarm employment grew slightly. In 2013, nonfarm employment will grow moderately with stronger growth expected in North Dakota and Minnesota. Growth in North Dakota will ease to 3.6 percent, while growth in Minnesota will increase to 2.2 percent. Employment growth in the U.P. will remain sluggish.
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