Per capita income rose from 2017 and 2018, though more slowly than in recent years, according to an analysis of Bureau of Economic Analysis data, Tim Henderson reports for Stateline, the nonprofit, nonpartisan news arm of the Pew Charitable Trusts.
Nationwide, per capita income rose 1.4% between 2017 and 2018 after inflation, a bit slower than the previous year's 1.6%. Between 2014 and 2015 it rose 4%, Henderson reports.
"High-paying blue-collar jobs lifted incomes in West Virginia, New York and Illinois last year, even though the states lost residents, while farmers and government workers shared the pain of more stagnant income in Nebraska, Maryland and Washington, D.C.," Henderson reports. "The new per capita income numbers show how national policies and international markets directly affect state and local pocketbooks. Deregulation in the United States and a heat wave in China boosted coal demand in West Virginia, for example, while overseas mining and farming led to more giant truck manufacturing in Illinois. At the same time, U.S. tariffs hurt Nebraska soybean farmers."
from The Rural Blog http://bit.ly/2Xcgbwf Per capita income is up but not as much as in recent years; check out state-level data - Entrepreneur Generations
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