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Two ND Cities within Pockets of Prosperity |
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TWO ND CITIES WITHIN POCKETS OF PROSPERITY
10/14/02 - Business Week cited both Bismarck and Fargo among a dozen "Pockets of Prosperity" - U.S cities demonstrating their ability to create jobs, unlike the national economy.
Factors included in the citing by Busines Week included job creation and low unemployment, sometimes considered an odd couple in economic development. Qualities of the communities were big concentrations of employment in one or more stable or growing industry sectors, education, university spinoffs, top-quality hospitals, and good government policy.
While much of the country is feeling the effects of an economic downturn, North Dakota and its communities, such as Bismarck and Fargo, contine to do very well in national rankings for metro growth and job creation.
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