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Florida personal income is growing — slowly

Florida incomes are growing again, but still lag behind most of the country.

The latest snapshot from the U.S. Bureau of Economic Analysis shows that personal income in Florida grew 1.6 percent between the fourth quarter of 2010 and first quarter of 2011.

That's the strongest performance since the recession officially ended in mid 2009, but shy of the national growth rate of 1.8 percent.

Florida ranked 38th among all states. All 50 states and Washington, D.C., were in positive territory with personal incomes rising, but they varied widely: from an anemic 0.7 percent increase in Iowa to a robust 6.9 percent jump in North Dakota.

Florida personal income is growing — slowly 06/22/11 [Last modified: Wednesday, June 22, 2011 12:33pm]
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