Strategies for Sustainable Growth and Resilience
Strong Presence in Attractive High-Growth Markets
10-YR POPULATION CAGR OF STATES THAT KNIFE RIVER
OPERATES IN ('12-'22)
10-YR GROSS STATE PRODUCT2 CAGR ('11-'21)
State '12-'22 population CAGR1 % of 2022 gross revenue
3.0%
Idaho
2.0%
11%
Texas
1.4%
7%
2.1%
1.6%
Washington
1.2%
Montana
1.1%
6%
Comprises
~70% of total
North Dakota
1.0%
gross
3%
revenue
South Dakota
0.9%
4%
Oregon
0.8%
23%
Knife River states
avg.
U.S. national avg.
Non-Knife River
states avg.
Minnesota
0.6%
16%
10-YR CONSTRUCTION INDUSTRY³ CAGR ('11-'21)
Nebraska
0.6%
1
Iowa
0.4%
9%
2.6%
Hawaii
0.3%
6%
2.1%
1.8%
California
0.3%
10%
Wyoming
0.1%
3%
Alaska
0.0%
2%
I
|
U.S. national
0.6%
average
Knife River states
avg.
U.S. national avg.
Non-Knife River
states avg.
Source: U.S. Census Bureau, IHS Markit and Federal Reserve Economic Data (FRED).
Note: 1 Knife River weighted-average equal to 0.8%; 2 Represents the total monetary value of all finished goods and services produced within a state's borders; 3 Represents the monetary value of all
finished goods and services produced in the construction industry within a state's borders.
KNIFE RIVER
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