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State personal income growth slowed

State personal income growth slowed

Average state personal income growth slowed to 2.6 percent in 2013 from 4.2 percent in 2012, according to estimates released Tuesday by the U.S. Bureau of Economic Analysis. State personal income growth ranged from 1.5 percent in West Virginia to 7.6 percent in North Dakota, with every state growing more slowly in 2013 than in… Continue Reading State personal income growth slowed

Personal income growth fell sharply from 2007 to 2008 in 322 of the nation’s 366 metropolitan statistical areas, including Colorado Springs.  The Bureau of Economic Analysis says growth increased in 42 MSAs and was unchanged in two. On average, MSA personal income grew 3.3 percent during 2008, down from 6 percent during 2007. Personal income growth in the Colorado… Continue Reading Income growth slows locally, nationally

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