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

摘要

Personal income growth slowed in 28 states in the fourth quarter of 2016 and fell in Nevada (table A). Personal income growth accelerated in 15 states, including Texas and New York, and resumed growing in Wyoming. Personal income grew at the same pace in the third and fourth quarters in California and in four other states. Growth rates ranged from -0.1 percent in Nevada to 1.4 percent in California and Utah. On average, personal income grew 0.9 percent in the fourth quarter, down from 1.1 percent in the third quarter (chart 1). Price inflation, as measured by the national price index for personal consumption expenditures, was 0.5 percent in the fourth quarter, up slightly from 0.4 percent in the third quarter.