Ĉmeric
01-10-2009, 05:31 PM
What a difference a year makes.
As of July 1, 2007, Nevada was the fastest-growing state in the country. With a population of over 2.5 million, the Silver State flourished because of continued real estate development in its marquee city, Las Vegas. But all that came to a screeching halt in 2008
The credit crisis forced the country into a recession, and overdeveloped cities like Las Vegas--where the majority of Nevada's population lives--were hit the hardest.
For nearly 20 years, construction projects like Boyd Gaming Company's Echelon Place--a collection of new hotels, casinos and restaurants that broke ground in 2007--continuously attracted new workers, meaning steady growth for the state's population. But now the Echelon development is running a year behind schedule--just one example of the lost jobs and opportunities facing the area today.
While still seeing an increase larger than 42 of its counterparts, Nevada dropped from No. 1 to No. 8 on a ranking of America's fastest growing states, with 1.79% year-over-year increase from 2007 to 2008. Today, an estimated 2.6 million people reside in Nevada.
It's the similar story in other states, but not to quite the same extent.
Continue Reading: (http://promo.realestate.yahoo.com/americas-fastest-growing-states.html)
The 10 fastest growing states:
1. Utah
2008 Population: 2,736,424
2007 Population: 2,668,925
Year-over-year Increase: 2.53%
2. Arizona
2008 Population: 6,500,180
2007 Population: 6,353,421
Year-over-year Increase: 2.31%
3. Texas
2008 Population: 24,326,974
2007 Population: 23,843,432
Year-over-year Increase: 2.03%
4. North Carolina
2008 Population: 9,222,414
2007 Population: 9,041,594
Year-over-year Increase: 2%
5. Colorado
2008 Population: 4,939,456
2007 Population: 4,842,770
Year-over-year Increase: 2%
6. Idaho
2008 Population: 1,523,816
2007 Population: 1,496,145
Year-over-year Increase: 1.85%
7. Wyoming
2008 Population: 532,668
2007 Population: 523,252
Year-over-year Increase: 1.8%
8. Nevada
2008 Population: 2,600,167
2007 Population: 2,554,344
Year-over-year Increase: 1.79%
9. Georgia
2008 Population: 9,685,744
2007 Population: 9,523,297
Year-over-year Increase: 1.71%
10. South Carolina
2008 Population: 4,479,800
2007 Population: 4,404,914
Year-over-year Increase: 1.7%
This is just fastest growing by percentage, not actual numbers. New York actually gained more then twice as many persons as Wyoming - approximately 19,000. But it's growth rate was only .1% versus Wyoming's 1.8%.
As of July 1, 2007, Nevada was the fastest-growing state in the country. With a population of over 2.5 million, the Silver State flourished because of continued real estate development in its marquee city, Las Vegas. But all that came to a screeching halt in 2008
The credit crisis forced the country into a recession, and overdeveloped cities like Las Vegas--where the majority of Nevada's population lives--were hit the hardest.
For nearly 20 years, construction projects like Boyd Gaming Company's Echelon Place--a collection of new hotels, casinos and restaurants that broke ground in 2007--continuously attracted new workers, meaning steady growth for the state's population. But now the Echelon development is running a year behind schedule--just one example of the lost jobs and opportunities facing the area today.
While still seeing an increase larger than 42 of its counterparts, Nevada dropped from No. 1 to No. 8 on a ranking of America's fastest growing states, with 1.79% year-over-year increase from 2007 to 2008. Today, an estimated 2.6 million people reside in Nevada.
It's the similar story in other states, but not to quite the same extent.
Continue Reading: (http://promo.realestate.yahoo.com/americas-fastest-growing-states.html)
The 10 fastest growing states:
1. Utah
2008 Population: 2,736,424
2007 Population: 2,668,925
Year-over-year Increase: 2.53%
2. Arizona
2008 Population: 6,500,180
2007 Population: 6,353,421
Year-over-year Increase: 2.31%
3. Texas
2008 Population: 24,326,974
2007 Population: 23,843,432
Year-over-year Increase: 2.03%
4. North Carolina
2008 Population: 9,222,414
2007 Population: 9,041,594
Year-over-year Increase: 2%
5. Colorado
2008 Population: 4,939,456
2007 Population: 4,842,770
Year-over-year Increase: 2%
6. Idaho
2008 Population: 1,523,816
2007 Population: 1,496,145
Year-over-year Increase: 1.85%
7. Wyoming
2008 Population: 532,668
2007 Population: 523,252
Year-over-year Increase: 1.8%
8. Nevada
2008 Population: 2,600,167
2007 Population: 2,554,344
Year-over-year Increase: 1.79%
9. Georgia
2008 Population: 9,685,744
2007 Population: 9,523,297
Year-over-year Increase: 1.71%
10. South Carolina
2008 Population: 4,479,800
2007 Population: 4,404,914
Year-over-year Increase: 1.7%
This is just fastest growing by percentage, not actual numbers. New York actually gained more then twice as many persons as Wyoming - approximately 19,000. But it's growth rate was only .1% versus Wyoming's 1.8%.