Full text of Bureau of Economic Analysis (BEA) News Releases : State Personal Income, 2016, BEA 17-12 : Highlights, Quarterly: State Personal Income, Fourth Quarter 2016

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Tuesday, March 28, 2017
Contact: Jeannine Aversa, (301) 278-9003

State Personal Income, Fourth Quarter 2016
State personal income grew 0.9 percent on average in the fourth quarter of 2016, down from 1.1
percent growth in the third quarter. Growth rates ranged from -0.1 percent in Nevada to 1.4 percent in
Utah and California. Earnings grew 1.0 percent nationally, and was the leading contributor to growth in
personal income in most states.

Fourth Quarter 2016 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
0.8
0.9
0.9
0.8
1.4
1.1
0.9
1.0
1.2
1.0
1.0
1.0
0.9
0.6
0.8
0.2
0.4

Rank
29
17
23
33
2
7
21
13
-8
10
14
24
40
30
49
46

State
Growth
Kentucky
0.4
Louisiana
1.3
Maine
0.8
Maryland
1.1
Massachusetts
0.7
Michigan
1.0
Minnesota
0.9
Mississippi
0.7
Missouri
0.9
Montana
1.0
Nebraska
0.2
Nevada
-0.1
New Hampshire
0.9
New Jersey
0.9
New Mexico
0.8
New York
0.8
North Carolina
0.9

Rank
45
4
34
5
36
15
20
39
26
9
48
50
25
19
32
27
22

State
Growth
North Dakota
0.4
Ohio
0.8
Oklahoma
0.6
Oregon
1.1
Pennsylvania
1.0
Rhode Island
0.5
South Carolina
0.9
South Dakota
0.5
Tennessee
0.7
Texas
1.0
Utah
1.4
Vermont
0.7
Virginia
0.9
Washington
1.3
West Virginia
0.8
Wisconsin
0.7
Wyoming
0.6

Rank
47
28
42
6
11
44
18
43
38
12
1
35
16
3
31
37
41

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 at www.bea.gov. E-mail alerts are also available.
NOTE: State personal income estimates for first quarter 2017 will be released on June 27, 2017.