10 fastest-growing states

These states experienced the fastest growth rates in 2011, which was a mediocre year for economic expansion across the nation.

2011 growth rate: 7.6%

Economy size: $40 billion*

North Dakota has prospered thanks to the oil reserves in the Bakken formation. Mining helped boost the state's economy by 2.81 percentage points last year. Real estate, which is hard to come by thanks to a flood of oil workers to the area, and wholesale trade also contributed to growth.

NEXT: Oregon

Source: U.S. Bureau of Economic Analysis
*In current U.S. dollars

By Tami Luhby @CNNMoney - Last updated June 07 2012: 12:51 PM ET

Join the Conversation

State economic growth slowed in 2011

Economic growth in the states slowed in 2011, coming in at half of the previous year's level.

America's Biggest Boomtowns

Why Shell is betting billions to drill for oil in Alaska

Symbol Matches

Symbol Starts With

Company Matches

10 fastest-growing states

These states experienced the fastest growth rates in 2011, which was a mediocre year for economic expansion across the nation.