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Per capita personal income rises 2.5% in New York

Per capita personal income in New York increased 2.5 percent between the second quarter of 2015 and the second quarter of 2016, according to new figures released by the Bureau of Economic Analysis on Wednesday.  The 3.8 percent increases in Michigan and Georgia were the highest among the nation’s states and the District of Columbia, while North Dakota occupied the bottom spot on the list with a 4.6 percent decrease in per capita income. The BEA report used current dollar values unadjusted for inflation and current population estimates from the U.S. Census Bureau.  Average second quarter per capita income in the U.S. was $49,142, according to the report.

9/30/2016 (c) 2016 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email rbj@rbj.net.
 

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