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With the boom in shale oil and gas extraction that began in the mid-2000s, North Dakota experienced strong economic growth accompanied by substantial increases in employment. This largely continued into the early part of this decade, but came to an abrupt halt when oil and gas prices declined rather dramatically in 2014. Here we conduct a dynamic shift-share analysis of the employment experience of North Dakota and its regions from the 2001 recession on. This allows us to decompose the employment experience of each region of the state into separate components based on relative industry performance across NAICS supersectors.

Employment, Economic Growth