June 25, 2019
State personal income increased 3.4 percent at an annual rate in the first quarter of 2019, a deceleration from the 4.1 percent increase in the fourth quarter of 2018. Personal income increased in all states except South Dakota. The percent change in personal income across all states ranged from 5.6 percent in West Virginia to -0.6 percent in South Dakota.
- Earnings increased 2.8 percent in the first quarter of 2019, after increasing 3.2 percent in the fourth quarter of 2018. Earnings increased in 20 of the 24 industries for which BEA prepares quarterly estimates.
- Transfer receipts increased 15.5 percent for the nation in the first quarter of 2019, after increasing 3.9 percent in the fourth quarter of 2018. Growth in transfer receipts ranged from 24.2 percent in Utah to 4.7 percent in New York.
- Property income decreased 4.3 percent for the nation in the first quarter of 2019, after increasing 7.3 percent in the fourth quarter of 2018. Property income declined in every state, ranging from -0.4 percent in Hawaii to -6.9 percent in California.
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