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StableEconomyReported 2020-12-15 21:30

BEA Releases 2019 Real Personal Income Estimates by State and Metropolitan Area

The Bureau of Economic Analysis (BEA) released estimates showing real state personal income grew 2.4% in 2019, down from 3.1% in 2018, with significant variation across states and metropolitan areas.

Why it matters. Economic performance and policy decisions are influenced by regional income trends.

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Evidence

  • UUS Bureau of Economic AnalysisRegulator2020-12-15 21:30
    Real state personal income grew 2.4 percent in 2019 after increasing 3.1 percent in 2018, according to estimates released today by the Bureau of Economic Analysis (BEA).
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  • UUS Bureau of Economic AnalysisRegulator2020-12-15 21:30
    The estimates of 2019 state and metropolitan area real personal income released today incorporate the results of BEA's annual update of state and metropolitan area real personal income, also released today. The annual estimates for 2017 and 2018 were revised.
    View source