A Look at What’s Driving (or Stunting) Income Growth in the States

http://www.governing.com/topics/mgmt/gov-state-personal-income-growth-2016-estimates.html

Great Plains and areas of the Midwest, personal incomes didn’t rise nearly as sharply, generally only between 2 percent and 3 percent for the year. The weakest performing states were those with economies tied to oil and natural gas, many of which saw personal incomes either decline or fail to keep pace with inflation.

Nationally, state personal incomes — which include earnings from employment, property income and current transfer receipts — increased an average of 3.6 percent without adjusting for inflation. That’s down from 4.5 percent in 2015.

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