North Dakota Forklift Parts - North Dakota is a state located within the Midwestern area of the United States of America, along the Canadian border. The state of North Dakota is bordered by Canada towards the north, the state of Minnesota to the east, the state of South Dakota towards the south and the state of Montana to the west. North Dakota is the 19th-biggest state by area in the U.S. It is likewise the third least populous, with 672,591 residents based on the 2010 census. The state of North Dakota was carved out of the Dakota Territory and admitted to the Union on November 2, the year 1889, simultaneously along with the state of South Dakota.
The biggest city in the state of North Dakota is Fargo, whilst the state capital is Bismarck. There are three public universities in the state of North Dakota, which are located within Dickinson, Grand Forks and Fargo. The U.S. Air Force operates Air Force Bases at Grand Forks AFB and Minot AFB.
For more than a decade, the state of North Dakota has had a strong economy, with unemployment less than the national average, job and population growth, and low housing vacancies. Much of the growth has been based on development of the Bakken oil shale fields within the western region of the state, but it has also had growth in the service and technology sectors. Flooding in the month of June the year 2011 has caused extensive damage to Minot and threatened Fargo, the biggest city.
Agriculture is the biggest business in the state of North Dakota, although petroleum and food processing are likewise main businesses. The economy of the state of North Dakota had a gross domestic product of $24 billion during 2005. The per capita income in 2006 was $33,034, ranked 29th in the United States. The three-year median household income from 2002-2004 was $39,594, ranking 37th in the U.S. North Dakota is likewise the only state with a state owned bank, the Bank of North Dakota within Bismarck, and a state owned flour mill, the North Dakota Mill and Elevator within Grand Forks.
As of the month of September 2010, the state's unemployment rate is the lowest in the United States at 3.7% and it never touched 5% since 1987, the state with the nation's lowest unemployment rate. At end of the year 2010, the state per capita income was rank in 17th of the US, the biggest increase of any state in a decade from rank 38th.
North Dakota is the biggest producer of numerous cereal grains, consisting of barley, durum wheat, hard red spring wheat, oats, and combined wheat products. Moreover, North Dakota is the second leading producer of buckwheat. As of 2007, corn became North Dakota's biggest crop produced, even though only 2% of U.S. production.
The energy industry is a key contributor to the economy. Lignite coal reserves within Western North Dakota are used to generate about 90 percent of the electricity consumed, and is likewise exported to nearby states. North Dakota has the 2nd largest lignite coal production in the United States.