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Tuesday, December 20, 2016 Contact: Jeannine Aversa, (301) 278-9003 State Personal Income: Third Quarter 2016 State personal income growth decelerated to 1.1 percent on average in the third quarter of 2016 from 1.2 percent in the second quarter. Personal income grew in every state in the second-quarter with growth rates ranging from 0.4 percent in Oklahoma to 1.4 percent in South Dakota. State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Third Quarter 2016 State Personal Income Growth and Ranks Growth Rank State Growth Rank State 0.9 37 Kentucky 0.9 40 North Dakota 0.9 43 Louisiana 0.9 38 Ohio 1.0 33 Maine 1.1 25 Oklahoma 0.9 41 Maryland 1.2 10 Oregon 1.1 23 Massachusetts 1.3 4 Pennsylvania 1.3 9 Michigan 1.2 12 Rhode Island 1.2 11 Minnesota 1.3 3 South Carolina 1.2 17 Mississippi 0.9 39 South Dakota 1.4 -Missouri 1.1 24 Tennessee 1.1 22 Montana 0.7 46 Texas 1.0 29 Nebraska 1.0 34 Utah 1.0 36 Nevada 1.0 35 Vermont 0.9 42 New Hampshire 1.3 6 Virginia 1.0 32 New Jersey 1.2 18 Washington 1.1 26 New Mexico 0.6 47 West Virginia 1.1 20 New York 1.3 8 Wisconsin 1.0 31 North Carolina 1.1 27 Wyoming Growth 1.2 1.2 0.4 1.3 1.3 0.7 1.2 1.4 1.0 1.2 1.3 1.1 1.1 0.8 0.5 1.2 0.5 Rank 14 15 50 5 2 45 16 1 30 13 7 28 21 44 48 19 49 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 fourth quarter 2016 and preliminary annual 2016 will be released on March 28, 2017.
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