• Connecticut Personal Income in Q2: Below National Average

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Nationally, state personal income growth slowed to 1.0 percent in the second quarter of 2012, from 1.7 percent in the first quarter. Growth slowed in 39 states plus the District of Columbia, accelerated in 10, and was unchanged in Nevada. Personal income growth ranged from 2.1 percent in North Dakota to 0.4 percent in New Mexico. Inflation, as measured by the national price index for personal consumption expenditures, slowed to 0.2 percent in the second quarter from 0.6 percent in the first quarter. Connecticut’s personal income rose 0.9% from an annual estimate of $210,069M in Q1 to $211,966M in Q2. Note-- Millions of dollars, seasonally adjusted at annual rates. Dollar estimates are in current dollars (not adjusted for inflation). Detail may not add to totals because of rounding. Source: USDOC-BEA

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