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Post by bot on Jun 24, 2014 15:50:23 GMT -5
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today: State personal income increased 0.8 percent on average in the first quarter of 2014, an acceleration from the 0.5 percent growth in the fourth quarter of 2013, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income grew in 46 states and growth accelerated in 24 of those states. The fastest growth, 1.4 percent, was in Washington state, Vermont, and West Virginia. Personal income fell 2.9 percent in North Dakota, 0.3 percent in South Dakota, and 0.2 percent in Arkansas and Nebraska. Inflation, as measured by the national price index for personal consumption expenditures, was 0.3 percent in the first quarter, the same as in the fourth quarter. The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/regional/spi/sqpi_newsrelease.htm
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