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Tag Archives: personal income

State's personal income growth lags rest of nation

ACROSS MISSISSIPPI — Personal income growth in Mississippi accelerated in the second three months of 2014, but growth still trailed the nation. The measure expanded 1.4 percent on an annual basis, the federal Bureau of Economic Analysis said yesterday, ranking Mississippi 40th among states from April to June. That rose from 0.3 percent in the first quarter. Personal income nationwide ...

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BEA: State sees significant jump in personal income

ACROSS MISSISSIPPI — Finally, some good news about Mississippi’s economy. Personal income grew at a 1.2 percent annual rate in 2012’s second quarter, the federal Bureau of Economic Analysis said today. That’s sixth-highest among the states. Personal income grew 1 percent nationwide. Workplace earnings and government payments grew faster than the nation, while dividend, interest and rent income trailed slightly. ...

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BEA: State ranks last in U.S. in personal income

ACROSS MISSISSIPPI — Personal income in Mississippi rose slightly faster than the national average in 2010 — but the state ranked at the bottom of the United States, the U.S. Bureau of Economic Analysis reports. The BEA said that personal income in Mississippi rose 3.1 percent, slightly higher than the 3 percent national figure. But Mississippi’s per-person personal income, $31,186, ...

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Report: Personal income registers slowdown

ACROSS MISSISSIPPI — Mississippi joined 40 other states in registering a slowdown in personal income during the third quarter. The federal Bureau of Economic Analysis said today that personal income in the state, in comparison with the second quarter, grew 0.4 percent. Mississippi’s personal income grew 1.7 percent during the second quarter. Much of the drop is blamed on income ...

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Census: Income gap reaches all-time high

WASHINGTON — The income gap between the richest and poorest Americans grew last year to its widest amount on record as young adults and children in particular struggled to stay afloat in the recession. The top-earning 20 percent of Americans — those making more than $100,000 each year — received 49.4 percent of all income generated in the U.S., compared ...

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Consumer spending, personal incomes stall

WASHINGTON — The pace of consumer spending stalled in June and personal incomes failed to increase, further evidence that the economy slowed significantly in the spring. The Commerce Department say personal spending was unchanged in June, the third straight month of lackluster consumer demand. Incomes were flat as well, the weakest showing in nine months. The lack of growth for ...

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