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TUESDAY, March 25, 2014 STATE PERSONAL INCOME: FOURTH QUARTER 2013 State personal income growth slowed to 0.6 percent in the fourth quarter of 2013, from 1.0 percent in the third quarter. Growth ranged from 1.2 percent in Texas to -0.6 percent in Iowa. The fourth-quarter personal income decline in Iowa and six other states reflected lower crop prices which reduced the value of farm output and farm earnings. The inflation rate slowed to 0.3 percent in the fourth quarter from 0.5 percent in the third quarter. Fourth Quarter 2013 State Personal Income Growth and Ranks State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Growth 0.3 0.8 0.7 0.2 0.4 0.6 0.8 0.6 0.8 0.8 0.4 0.8 -0.1 0.4 0.3 -0.6 0.3 Rank 36 15 18 41 30 20 4 22 -14 32 13 46 28 38 50 37 State Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina Growth 0.3 0.3 0.7 0.8 1.0 0.8 -0.1 -0.4 0.4 0.2 -0.1 1.0 0.4 0.8 0.7 0.3 0.8 Rank 33 35 19 9 2 8 44 47 31 40 45 3 29 6 17 39 5 State North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Growth -0.4 0.6 0.5 0.2 0.6 0.8 0.5 -0.5 0.6 1.2 0.7 0.8 0.8 0.3 0.6 0.0 0.8 Rank 48 23 26 42 24 10 27 49 21 1 16 7 12 34 25 43 11 BEA data—including GDP, personal income, the balance of payments, foreign direct investment, the input-output accounts, and economic data for states, local areas, and industries—are available on the BEA Web site: www.bea.gov. E-mail alerts are also available. NOTE: State personal income estimates for first quarter 2014 will be released on June 24, 2014. Contact: Jeannine Aversa or Thomas Dail 202–606–2649 Bureau of Economic Analysis, U.S. Department of Commerce