The U.S. Bureau of Economic Analysis released statistics of real personal income for states and metropolitan areas on Dec. 14, 2023. Real personal income declined in 45 states and the District of Columbia in 2022, with the percent change ranging from 3.0 percent in North Dakota to –8.9 percent in Rhode Island.

What is Real Personal Income for States and Metropolitan Areas?

Statistics that are adjusted using BEA's regional price parities to better compare the buying power of personal income across the 50 states and the District of Columbia, or from one metro area to another. They are also adjusted for inflation over time. 

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