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Personal Income Shows Broad but Uneven Economic Recovery

Pew Charitable Trusts – “In a sign that the U.S. economic recovery is widespread, personal income in all states is back above levels seen at the Great Recession’s onset. But growth has varied among states, ranging from a constant annual rate of less than 1 percent in Nevada to more than 5 percent in North Dakota. Although growth since the recession has been far-reaching, its pace has been slower than normal. Since the downturn began in the fourth quarter of 2007, estimated U.S. personal income has increased by a constant annual rate of 1.6 percent through the third quarter of 2015, compared with 2.8 percent over the past 30 years, after accounting for inflation…”

Explore Fiscal 50 Interactive – Sort and chart data about key fiscal and economic trends in the 50 states, and read Pew’s insights.

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