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July 7th, 2009

Hawaii Income Growth

The headline looked good, but I am not sure this really says much.

Hawaii Tops  U.S. In Income Growth with a whopping .8% growth.

Hawaii led the nation in personal income growth during the first quarter of this year, despite wealth continuing to decline overall nationwide.  Personal income growth in the state increased 0.8 percent during the period compared with the fourth quarter of last year, according to estimates released yesterday by the U.S. Bureau of Economic Analysis. Hawaii ranked No. 1, followed by Virginia with a 0.3 percent increase in personal income.  Personal income growth fell in 37 states during the period, and for the entire country was down 0.5 percent.

Posted by scott on July 7th, 2009 in Economic Info, Feedblitz | No Comments »

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