North Dakota

North Dakota is a Midwestern state of the United States, named after the Dakota segment of the Sioux Native American Indians. Its U.S. postal abbreviation is ND. The entire state is covered by area code 701.

Economy

The U.S. Bureau of Economic Analysis estimates that North Dakota's total state product in 2003 was $21 billion. Per capital personal income in 2003 was $28,922, 32nd in the nation.

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Agricultural activity is largely dependent on rainfall. Wheat (particularly the durum variety used for pasta), barley, soybeans, sunflowers, and flax are present throughout the state, the wetter Red River Valley is dominated by farms, with the chief crops being Sugar beets and maize. Cattle ranches are more common in the dry southwest, though dairy ranches are more common toward the east. Honey is produced in the central part of the state. Small quantities of juneberries and grapes support a modest domestic winery industry.

Related Topics:
Wheat - Durum - Pasta - Barley - Soybean - Sunflower - Flax - Red River Valley - Sugar beet - Maize - Cattle - Dairy - Honey - Juneberries - Grape - Winery

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The state's small industrial output includes electric power, food processing, machinery (including Bobcat heavy equipment), lignite mining, and tourism.

Related Topics:
Electric power - Bobcat - Lignite - Tourism

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North Dakota has the only state-owned bank in the United States, the Bank of North Dakota. The bank, by law, holds all funds of all state and local government agencies in North Dakota. Its deposits are not guaranteed by the FDIC, but by the State of North Dakota itself.

Related Topics:
Bank of North Dakota - FDIC

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