This Texas Oil Town Sees Strongest Salary Growth In US

Driven by the U.S. shale boom in the Permian basin, personal income in Midland County, Texas, grew by the highest percentage—17.5 percent—of all metropolitan counties in the United States last year, data from the Bureau of Economic Analysis (BEA) showed. The average personal income in the metropolitan areas of the United States grew by 5.7 percent, the data showed, while personal income in the non-metropolitan part of the U.S. increased by 4.8 percent last year. Last year, personal income increased in 3,019 U.S. counties, decreased…