19 December 2014

• U.S. Personal Income, By State — Q3 2014


State personal income growth averaged 1.0 percent in the third quarter of 2014, down from 1.2 percent in the second quarter. Growth in personal income–the sum of net earnings by place of residence, property income, and personal current transfer receipts–slowed in 38 states and in the District of Columbia.

The percent change across states ranged from -0.2 percent in South Dakota (the only state with a decline) to 1.4 percent in Texas.

Inflation, as measured by the national price index for personal consumption expenditures, slowed to 0.3 percent in the third quarter from 0.6 percent in the second quarter.

Please visit this link to read the full report: USDOC-BEA

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2014 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


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