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In stark contrast, a stack of more conservative midsection states from North Dakota south to Texas are thriving with an unemployment price of 4.7 %, according to the newest Labor Department figures. Nationwide, unemployment was at seven.7 percent in February.
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Benchmark West Texas Intermediate crude for September delivery fell $3.92, or 4.five %, to $83.sixty six per barrel on the New York Mercantile Trade. Brent crude, which is utilized to cost many worldwide oil types, dropped $3.06 to $107.54 per barrel on the ICE Futures trade in London.