New state-level personal income report: Texas among top performers in 2014 personal income growth
Yesterday, the U.S. Bureau of Economic Analysis (BEA) released state-level personal income data for 2014. The report notes that Texas nominal personal income, which includes the sum of net earnings, property income, and personal current transfer receipts, increased by 5.6 percent last year. This is the nation’s fifth highest growth rate with the national average increasing by 3.9 percent.
Press Release March 26, 2015