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TUESDAY, September 30, 2014

STATE PERSONAL INCOME: SECOND QUARTER 2014
State personal income growth accelerated to 1.5 percent on average in the second quarter of 2014 from
1.2 percent in the first quarter. Personal income growth ranged from 2.7 percent in North Dakota and Nebraska
to 1.1 percent in New York and Alaska, with growth accelerating in 36 states. Inflation, as measured by the
national price index for personal consumption expenditures, accelerated to 0.6 percent in the second quarter
from 0.3 percent in the first quarter.

Second Quarter 2014 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
1.3
1.1
1.4
1.9
1.5
1.7
1.3
1.7
1.3
1.7
1.4
1.2
2.5
1.4
1.8
2.4
1.7

Rank
43
50
36
7
34
17
46
18
-13
40
48
3
37
8
4
14

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

Growth
1.5
1.5
1.5
1.2
1.4
1.5
1.8
1.4
1.6
1.8
2.7
1.5
1.5
1.3
1.4
1.1
1.6

Rank
29
27
28
47
42
25
9
41
19
10
2
33
24
45
39
49
20

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

Growth
2.7
1.6
1.5
1.7
1.5
1.4
1.5
2.3
1.5
2.0
1.7
1.7
1.3
1.4
1.6
1.8
1.5

Rank
1
21
26
12
30
35
32
5
23
6
16
15
44
38
22
11
31

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 third quarter 2014 will be released on December 19, 2014.
Contact: Jeannine Aversa or Thomas Dail 202–606–2649

Bureau of Economic Analysis, U.S. Department of Commerce