State Personal Income, Second Quarter 2017

State personal income grew 0.7 percent on average in the second quarter of 2017, after increasing 1.4 percent in the first quarter.

• Personal income grew 1.3 percent in Nevada, faster than in any other state. Utah had the next fastest growth at 1.1 percent. Iowa, Nebraska, and West Virginia had the slowest growth in personal income, with each state growing less than half the rate of the nation.
• On average, earnings increased 0.8 percent in the second quarter of 2017, after increasing 1.5 percent in the first quarter. Earnings growth ranged from 1.6 percent in Nevada to -0.1 percent in Nebraska.
• Property income increased 0.8 percent in the second quarter of 2017, down from 1.3 percent in the first quarter.
• Transfer receipts grew 0.2 percent for the nation in the second quarter of 2017, down from the 1.3 percent growth in the first quarter.

For more information, read the full report.