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Tag: U.S. Bureau of Economic Analysis
CT Still Has Highest Personal Income, But With Little Growth
Connecticut ranked 44th nationally in income growth in 2017, an annual increase of just 1.5 percent.In contrast, New York and New Jersey reported annual personal income growth of 2.5 percent, the U.S. Bureau of Economic Analysis said.
BEA estimates released on Thursday, March 22 found Connecticut's average income of more than $71,000 per resident still is tops nationwide.
Nationwide, earnings increased 3.1 percent in 2017 and was the leading contributor to growth in personal income in most states, including the five fastest growing states—Washington, Idaho, Nevada, Utah, and Arizona, accord…
