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This fuels consumption and a property boom, contributing to an 8% economic-growth rate in the past year.
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The tech boom contributed mightily to increased productivity of the American work force.
Industrial expansion in the West followed these states' respective railroad booms, contributing to population explosions in all of them.
India is at the same inflection point now, where the infrastructure boom is contributing to the development of new business models. .
Runaway lending and lax standards, which fuelled the boom and contributed to the crisis, were others.
The general rises in living standards of society had left them far behind as the baby boom generations contributed to economic growth and more women worked.
During its 1987-91 boom, California contributed 17% of its budget to the federal government, but only 12% during its recession in 1991-94, while 1.2m people emigrated to other states.
It enjoyed low real rates and a gently declining exchange rate, but it also benefited hugely from the US boom; exports contributed an average 3 percentage points to GDP growth between 1993 and 2000.
The shale gas boom also contributes to overall uncertanty about the United States' policy commitment to renewables, the report says.
Quinn's fracking boom will contribute to the climate crisis by spurring a boost in oil and gas extraction.
The technology boom also contributes to income inequality as profits flow to a small number of developers and the venture capitalists who back them.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com