The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
State personal income growth accelerated to 1.8 percent in the first quarter of 2011, from 0.8 percent in the fourth quarter of 2010, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income increased in all states, with growth ranging from 0.7 percent in Iowa to 6.9 percent in North Dakota. Inflation, as measured by the national price index for personal consumption expenditures, increased to 0.9 percent in the first quarter from 0.4 percent in the fourth quarter of 2010.
The full text of the release on BEA's Web site can be found at
www.bea.gov/newsreleases/regional/spi/s ... elease.htm