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THURSDAY, June 21, 2007 STATE PERSONAL INCOME: FIRST QUARTER 2007 U.S. personal income grew 2.2 percent in the first quarter of 2007, up from 1.4 percent growth in the fourth quarter of 2006, according to estimates released today by the U.S. Bureau of Economic Analysis. Growth was strongest in New York which grew 4.7 percent in the first quarter—more than twice as fast as the U.S. and almost three times as fast as the 1.7 percent New York grew in the fourth quarter of 2006. Personal Income: Percent Change, 2006:IV–2007:I First Quarter 2007 State Personal Income Growth and Ranks State Alabama Alaska Arizona Arkansas California Colorado Connecticut District of Columbia Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Growth 2.1 1.8 2.1 1.8 2.1 2.1 3.5 2.1 2.3 2.0 2.1 1.8 1.1 2.5 2.1 1.3 1.2 Rank 11 29 13 31 19 14 2 -5 23 12 30 47 4 18 45 46 State Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina Growth 2.1 1.6 2.0 2.0 2.2 1.6 2.1 1.6 2.1 1.4 1.6 2.0 0.3 2.9 1.4 4.7 2.2 Rank 16 37 25 20 7 38 17 39 15 43 40 21 48 3 42 1 8 State North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Growth -0.1 1.8 1.7 1.8 2.0 1.7 2.1 0.2 1.5 1.8 2.2 2.0 2.0 1.4 1.7 2.0 2.2 Rank 50 32 34 33 26 36 10 49 41 28 9 27 24 44 35 22 6 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. Contact: Ralph Stewart 202–606–2649 Bureau of Economic Analysis, U.S. Department of Commerce
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