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WEDNESDAY December 20, 2006 STATE PERSONAL INCOME: THIRD QUARTER 2006 U.S. personal income growth in the third quarter grew 1.4 percent (equaling its average growth rate since 2003:1) following a slower 0.8 percent gain in the second quarter, according to estimates released today by the U.S. Bureau of Economic Analysis. Growth picked up in all regions, with the strongest improvements occurring in the Far West and Mideast regions. Personal Income: Percent Change, 2006:II - 2006:III Third Quarter 2006 State Personal Income Growth and Ranks State Alabama Alaska Arizona Arkansas California Colorado Connecticut D.C. Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Growth 1.4 1.4 1.8 1.6 1.2 1.2 1.0 1.1 1.4 1.6 1.3 1.7 1.1 1.4 1.3 1.4 1.6 Rank 21 19 7 10 40 44 49 -26 12 33 9 45 29 31 20 13 State Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina Growth 1.4 1.7 1.3 1.4 1.2 1.5 1.2 1.4 1.4 1.5 1.5 1.8 1.0 1.3 2.1 1.2 1.4 Rank 23 8 32 28 42 17 43 30 24 15 18 6 50 39 2 41 27 State North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Growth 1.1 1.3 1.5 1.4 1.3 1.0 1.4 1.9 1.1 1.6 1.9 1.3 1.3 2.6 1.5 1.3 1.9 Rank 46 34 16 22 35 48 25 5 47 11 3 36 38 1 14 37 4 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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