Oklahoma’s oil and gas extraction was one of the main contributing factors to the 3.3 percent income growth that led to the ranking, according to the press release by the Commerce Department’s Bureau of Economic Analysis. Nationally, the average personal income grew only 2.6 percent.
For the same reasons, Oklahoma was beat out by North Dakota, which ranked No. 1, and Texas, which came in at No. 4.
Not
only did earnings in Oklahoma outpace the national average for personal
per capital income at $44,543 last year, but they also beat the U.S.
average each of the four years since the recession. Looks like a little
old recession can’t get the Sooner State down.
