The U.S. Bureau of Economic Analysis reported that personal income increased in 2,814 counties and decreased in 295 counties in 2023, with metropolitan areas seeing a 6.0% increase and nonmetropolitan areas a 4.7% increase.
Why it matters. Economic conditions and regional economic performance are affected, influencing policy decisions and market expectations.
Personal income , in current dollars, increased in 2,814 counties, decreased in 295, and was unchanged in five counties in 2023, according to statistics released today by the U.
Personal income , in current dollars, increased in 2,814 counties, decreased in 295, and was unchanged in five counties in 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. Personal income increased 6.0 percent in the metropolitan portion of the United States and 4.7 percent in the nonmetropolitan portion (table A).
The county personal income estimates released today provide more geographic detail on the nation’s personal income for 2023. National estimates of personal income for 2023 were first released in February 2024, followed by preliminary state personal income estimates in March. The estimates released today provide the first glimpse of personal income for 2023 in counties and metropolitan statistical…
