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TUESDAY September 26, 2006

STATE PERSONAL INCOME: SECOND QUARTER 2006

U.S. personal income growth slowed to 1.7 percent in the second quarter following two quarters of 2.2
percent growth, according to estimates released today by the U.S. Bureau of Economic Analysis. At the same
time, inflation as measured by the national price index for personal consumption expenditure, accelerated to 1.0
percent from an average 0.6 percent in the previous two quarters. Personal income growth slowed in all regions
of the country, except the Great Lakes region which maintained its 1.8 percent growth rate.
Personal Income: Percent Change, 2006:I - 2006:II

Second Quarter 2006 State Personal Income Growth and Ranks
State
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
D.C.
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas

Growth
1.7
1.6
2.0
1.7
1.4
1.3
1.6
1.8
1.5
2.0
1.6
1.9
1.7
1.7
1.6
1.4
1.4

Rank
30
33
5
22
43
45
36
13
-4
37
6
24
18
32
40
41

State
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina

Growth
1.8
0.8
1.7
1.6
1.8
1.7
1.7
1.1
1.8
1.4
1.1
2.3
1.7
1.7
1.8
1.8
1.4

Rank
12
50
29
31
16
20
26
47
9
42
48
1
19
28
7
15
39

State
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming

Growth
1.0
1.8
1.5
1.7
1.7
1.7
1.6
1.2
1.8
2.1
1.8
1.3
1.6
1.8
1.7
1.8
2.1

Rank
49
14
38
27
25
21
35
46
10
2
11
44
34
17
23
8
3

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