State Quarterly Personal Income, 1st quarter 2011-1st quarter 2012

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:   

State personal income growth accelerated to 0.8 percent in the first quarter of 2012, from 0.4 percent in the fourth quarter of 2011, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income rose in 47 of the 50 states, fell in Kansas and Mississippi, and was unchanged in Oklahoma. The percent change across states ranged from 2.3 percent in North Dakota to -0.3 percent in Mississippi. Inflation, as measured by the national price index for personal consumption expenditures, increased to 0.6 percent in the first quarter of 2012 from 0.3 percent in the fourth quarter of 2011.

The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/regional/spi/sqpi_newsrelease.htm

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