| The U.S. Bureau of Economic Analysis has released experimental real, or inflation-adjusted, estimates of personal income for states and metropolitan areas.
The inflation-adjustments are based in part on regional price parities (RPPs) that provide a measure of differences in price levels across each state and region relative to the national price level for each of the years, 2007-2011. When RPPs are applied in conjunction with BEA’s national Personal Consumption Expenditures (PCE) price index, which measures price changes over time, personal income comparisons can be made across regions and time periods. These prototype statistics are being released for evaluation and comment by data users. Source: USDOC-BEA |
12 June 2013
• U.S. Real Personal Income for States and Metropolitan Areas, 2007-2011
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