REGIONAL QUARTERLY REPORT - State Personal Income and More ...

摘要

State personal Income growth averaged 0.9 percent in the fourth quarter of 2009 and ranged from 0.3 percent in Wyoming to 2.2 percent in South Dakota (table A). This was the largest average increase since the 1.2 percent rise in the second quarter of 2008 and contrasts with a 0.4 percent decline in the third quarter. Personal consumption expenditures prices rose 0.6 percent in the fourth quarter of 2009, the same as in the third quarter. Five of the ten fastest growing states in the fourth quarter-South Dakota, North Dakota, Iowa, Nebraska, and Kansas-were in the Plains region. Their strong performance is accounted for by the farm sector; nonfarm personal income growth in these states was at or below the national average.