BEA: State Personal Income: Second Quarter 2010

by Sabrina I. Pacifici on September 21, 2010

State Personal Income: Second Quarter 2010, news release and tables: “State personal income growth averaged 1.0 percent in the second quarter of 2010 up slightly from 0.9 percent in the first quarter, according to estimates released today by the U.S. Bureau of Economic Analysis. Growth rates ranged from 2.0 percent in North Dakota to 0.3 percent in Nevada. There was no change in the national price index for personal consumption expenditures in the second quarter; inflation was 0.5 percent in the first quarter. Personal income in 27 states has now climbed above the current-dollar level reached before the recession. Excluding transfer receipts (such as unemployment compensation and social security retirement benefits), however, personal income in only two states-Alaska and Maryland-has returned to that level.”

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