News Release: State Personal Income: Second Quarter 2007

Available for this release: Full Release (PDF - 247 KB) | Tables (XLS - 92 KB), Highlights (PDF - 106 KB)

EMBARGOED FOR RELEASE: 8:30 A.M. ET, Thursday, September 20, 2007

David G. Lenze	(202)	606–9292
Matthew von Kerczek	(202)	606–9250	BEA 07—42
E–mail inquiries:		reis.remd@bea.gov

State Personal Income: Second Quarter 2007

U.S. personal income grew at a 1.2 percent rate in the second quarter of 2007 after growing 2.5 percent in the first quarter, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income growth in all regions of the country slowed. First-quarter growth, the second strongest in the current economic expansion, reflected the receipt of bonuses for 2006. Personal income in the second quarter of 2007 was 6.4 percent higher than the second quarter of 2006.

Earnings and transfer receipts accounted for the entire fall in nominal personal income growth. Property income contributed 0.4 percentage points to growth in the second quarter, just as it did in the first.

Earnings decelerated in the second quarter in part because first quarter growth had been boosted by unusually large bonus payments in the finance industry. Transfers decelerated in the second quarter because first quarter growth had been boosted by annual cost of living adjustments and because of a slowdown in second quarter Medicaid and social security payments.

Professional services, health care, and state and local government contributed more than other industries to second quarter growth.

States. Most state personal income growth rates were very similar to the national average. Utah, however, had a notably higher growth rate in the second quarter and has grown substantially faster than all other states over the past year. The main contributors to its second quarter growth were professional services, construction and durable manufacturing.

New York, Connecticut, and North Dakota, on the other hand, had notably slower growth than the nation. The slow growth in New York and Connecticut in the second quarter reflects unusually large first quarter bonuses in the finance industry that is heavily concentrated in those states. North Dakota's slow growth was concentrated in farming which reduced personal income growth nearly 1 percentage point.

Inflation, as measured by the national price index for personal consumption expenditures, increased 1.0 percent in the second quarter after increasing 0.9 percent in the first quarter, leaving real U.S. personal income little changed. Two regions (New England and the Mideast) had income growth less than the national inflation rate.

Revisions. BEA also released today revised quarterly and annual estimates of state personal income beginning with the first quarter of 2004. Revisions are usually made each September to incorporate source data that are more complete, more detailed, and otherwise more consistent than previously available. The average revision to the 2006 personal incomes of the 50 states and the District of Columbia was 0.7 percentage point. A fuller presentation and discussion of the data and revisions will be provided in the October issue of the Survey of Current Business.

Note—the national estimate of first–quarter wages and salaries in the securities industry reflects an adjustment of $50 billion (at an annual rate) for unusually large bonus payments and the exercise of stock options. These types of irregular payments are not accounted for in the primary source data for the preliminary estimate of wages and salaries. The adjustment to first–quarter wages was based on data from state governments and other sources.

NOTE.–Quarterly estimates are expressed at seasonally adjusted annual rates, unless otherwise specified. Quarter–to–quarter dollar changes are differences between published estimates. Quarter–to–quarter percent changes are calculated from unrounded data and are not annualized.

Definitions

Personal income is the income received by all persons from all sources. Personal income is the sum of net earnings by place of residence, rental income of persons, personal dividend income, personal interest income, and personal current transfer receipts. Net earnings is earnings by place of work (the sum of wage and salary disbursements (payrolls), supplements to wages and salaries, and proprietors' income) less contributions for government social insurance, plus an adjustment to convert earnings by place of work to a place–of–residence basis. Personal income is measured before the deduction of personal income taxes and other personal taxes and is reported in current dollars (no adjustment is made for price changes).

The estimate of personal income in the United States is derived as the sum of the state estimates; it differs from the estimate of personal income in the national income and product accounts (NIPAs) because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data.

BEA groups all 50 states and the District of Columbia into eight distinct regions for purposes of data collecting and analyses: New England (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont); Mideast (Delaware, District of Columbia, Maryland, New Jersey, New York, and Pennsylvania); Great Lakes (Illinois, Indiana, Michigan, Ohio, and Wisconsin); Plains (Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota); Southeast (Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia); Southwest (Arizona, New Mexico, Oklahoma, and Texas); Rocky Mountain (Colorado, Idaho, Montana, Utah, and Wyoming); and Far West (Alaska, California, Hawaii, Nevada, Oregon, and Washington).

BEA's national, international, regional, and industry estimates; the Survey of Current Business; and BEA news releases are available without charge on BEA's Web site at www.bea.gov. By visiting the site, you can also subscribe to receive free e–mail summaries of BEA releases and announcements.

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Next state personal income release — December 19, 2007, at 8:30 A.M. ET for state personal income, third quarter 2007.

Table 1. Personal Income, by State and Region, 2006:I-2007:II
	[Millons of dollars, seasonally adjusted at annual rate]						[Seasonally change from preceing quarter/1]					Rank
							Percent change from preceding quarter/1					Rank
	2006:I/r	2006:II/r	2006:III/r	2006:IV/r	2007:I/r	2007:II/p	2006:II	2006:III	2006:IV	2007:I	2007:II	2007:I- 2007:II
^r Revised.	^p Preliminary.		1. Percent changes are expressed at quarterly rates.
Note: Estimates may not add to totals because of rounding.				Source: U.S. Bureau of Economic Analysis
United States	10,767,987	10,902,219	11,016,422	11,180,604	11,458,768	11,595,412	1.2	1.0	1.5	2.5	1.2	--
New England
Connecticut	176,270	176,845	177,893	180,981	187,829	188,663	0.3	0.6	1.7	3.8	0.4	48
Maine	41,481	42,178	42,425	42,714	43,705	44,240	1.7	0.6	0.7	2.3	1.2	29
Massachusetts	292,643	296,479	297,925	303,971	311,282	314,829	1.3	0.5	2.0	2.4	1.1	35
New Hampshire	51,227	51,662	51,988	53,690	53,797	54,518	0.9	0.6	3.3	0.2	1.3	19
Rhode Island	38,837	39,616	40,181	40,487	41,584	41,802	2.0	1.4	0.8	2.7	0.5	47
Vermont	21,470	21,412	21,674	21,849	22,324	22,580	-0.3	1.2	0.8	2.2	1.1	33
Mideast
Delaware	33,031	33,199	33,710	33,148	34,856	35,159	0.5	1.5	-1.7	5.2	0.9	45
District of Columbia	32,802	33,124	33,596	33,901	34,793	35,264	1.0	1.4	0.9	2.6	1.4	--
Maryland	241,867	244,172	246,913	250,333	255,480	258,557	1.0	1.1	1.4	2.1	1.2	30
New Jersey	398,096	403,803	403,852	411,018	423,159	426,221	1.4	0.0	1.8	3.0	0.7	46
New York	834,947	843,569	848,040	868,420	910,518	909,586	1.0	0.5	2.4	4.8	-0.1	50
Pennsylvania	448,613	453,931	458,321	464,851	475,333	480,944	1.2	1.0	1.4	2.3	1.2	31
Great Lakes
Illinois	483,025	489,447	492,904	500,312	511,555	516,949	1.3	0.7	1.5	2.2	1.1	40
Indiana	201,149	202,535	204,213	205,933	211,452	213,816	0.7	0.8	0.8	2.7	1.1	38
Michigan	337,269	341,006	342,697	343,329	349,507	353,326	1.1	0.5	0.2	1.8	1.1	39
Ohio	375,244	380,244	383,598	385,955	395,850	400,702	1.3	0.9	0.6	2.6	1.2	28
Wisconsin	188,817	190,344	192,362	194,745	199,122	201,686	0.8	1.1	1.2	2.2	1.3	22
Plains
Iowa	97,111	98,073	98,586	100,064	102,926	103,927	1.0	0.5	1.5	2.9	1.0	42
Kansas	93,749	95,394	96,246	98,748	100,654	102,331	1.8	0.9	2.6	1.9	1.7	4
Minnesota	197,301	200,195	200,765	202,667	208,422	211,491	1.5	0.3	0.9	2.8	1.5	11
Missouri	188,399	191,114	192,143	194,752	198,739	201,272	1.4	0.5	1.4	2.0	1.3	23
Nebraska	59,654	60,792	60,787	61,972	63,532	64,123	1.9	0.0	2.0	2.5	0.9	44
North Dakota	20,545	21,020	21,004	21,452	22,024	22,093	2.3	-0.1	2.1	2.7	0.3	49
South Dakota	24,940	25,153	25,459	25,800	26,693	27,026	0.9	1.2	1.3	3.5	1.2	27
Southeast
Alabama	138,803	141,080	142,932	144,537	147,612	149,486	1.6	1.3	1.1	2.1	1.3	24
Arkansas	78,295	79,581	80,458	81,470	83,501	84,823	1.6	1.1	1.3	2.5	1.6	8
Florida	649,242	657,763	669,342	676,695	690,106	701,386	1.3	1.8	1.1	2.0	1.6	6
Georgia	294,930	297,845	301,001	305,763	315,344	318,921	1.0	1.1	1.6	3.1	1.1	37
Kentucky	122,711	124,484	125,611	127,196	129,944	131,427	1.4	0.9	1.3	2.2	1.1	34
Louisiana	131,861	133,251	135,365	137,541	140,088	141,975	1.1	1.6	1.6	1.9	1.3	18
Mississippi	77,175	77,886	78,566	79,642	81,506	82,656	0.9	0.9	1.4	2.3	1.4	13
North Carolina	280,482	284,020	288,013	293,103	300,284	304,707	1.3	1.4	1.8	2.5	1.5	10
South Carolina	126,059	127,546	128,836	130,723	133,547	135,349	1.2	1.0	1.5	2.2	1.3	17
Tennessee	190,897	194,580	195,489	199,374	201,185	203,728	1.9	0.5	2.0	0.9	1.3	25
Virginia	298,201	301,092	303,612	306,623	314,722	318,868	1.0	0.8	1.0	2.6	1.3	21
West Virginia	50,132	50,791	51,310	51,923	52,823	53,424	1.3	1.0	1.2	1.7	1.1	36
Southwest
Arizona	192,840	194,569	199,083	201,544	206,814	209,191	0.9	2.3	1.2	2.6	1.1	32
New Mexico	56,728	57,634	58,738	59,304	60,781	61,774	1.6	1.9	1.0	2.5	1.6	7
Oklahoma	113,807	115,075	116,827	118,130	120,559	122,434	1.1	1.5	1.1	2.1	1.6	9
Texas	800,906	818,206	829,736	847,730	868,787	883,621	2.2	1.4	2.2	2.5	1.7	3
Rocky Mountain
Colorado	185,115	186,126	189,798	191,654	195,447	198,177	0.5	2.0	1.0	2.0	1.4	14
Idaho	42,717	43,777	43,993	45,182	46,384	46,818	2.5	0.5	2.7	2.7	0.9	43
Montana	28,557	28,913	29,407	29,827	30,533	30,939	1.2	1.7	1.4	2.4	1.3	20
Utah	73,519	75,081	76,551	78,502	80,454	82,062	2.1	2.0	2.5	2.5	2.0	1
Wyoming	19,976	20,691	21,255	21,650	22,124	22,425	3.6	2.7	1.9	2.2	1.4	15
Far West
Alaska	25,192	25,848	25,995	26,480	26,888	27,154	2.6	0.6	1.9	1.5	1.0	41
California	1,412,521	1,424,566	1,440,963	1,461,588	1,491,077	1,511,381	0.9	1.2	1.4	2.0	1.4	16
Hawaii	46,181	46,988	47,819	48,370	49,349	50,069	1.7	1.8	1.2	2.0	1.5	12
Nevada	94,606	96,904	97,884	100,056	102,044	103,733	2.4	1.0	2.2	2.0	1.7	5
Oregon	120,768	121,941	123,732	125,796	128,179	129,774	1.0	1.5	1.7	1.9	1.2	26
Washington	237,280	240,673	246,823	249,109	253,547	258,004	1.4	2.6	0.9	1.8	1.8	2
BEA Regions
New England	621,928	628,193	632,085	643,693	660,522	666,632	1.0	0.6	1.8	2.6	0.9	--
Mideast	1,989,356	2,011,797	2,024,431	2,061,673	2,134,140	2,145,732	1.1	0.6	1.8	3.5	0.5	--
Great Lakes	1,585,503	1,603,575	1,615,775	1,630,273	1,667,485	1,686,479	1.1	0.8	0.9	2.3	1.1	--
Plains	681,699	691,741	694,991	705,455	722,992	732,264	1.5	0.5	1.5	2.5	1.3	--
Southeast	2,438,789	2,469,920	2,500,535	2,534,590	2,590,662	2,626,749	1.3	1.2	1.4	2.2	1.4	--
Southwest	1,164,280	1,185,485	1,204,384	1,226,708	1,256,940	1,277,020	1.8	1.6	1.9	2.5	1.6	--
Rocky Mountain	349,884	354,588	361,004	366,815	374,942	380,421	1.3	1.8	1.6	2.2	1.5	--
Far West	1,936,548	1,956,920	1,983,216	2,011,399	2,051,084	2,080,116	1.1	1.3	1.4	2.0	1.4	--

Table 2. Contributions to Percent Change in Personal Income, by State and Region, 2007:I-2007:II/1
[Percentage points, seasonally adjusted]
	Percent change in personal income	Net earnings						Dividends, interest, and rent	Personal current transfer receipts
		Earnings by place of work				Contributions for government social insurance	Residence adjustment		Excluding state unemployment insurance	State unemployment insurance
		Wage and salary disbursements	Employer contributions for		Proprietors' income
		Wage and salary disbursements	Employee pension and insurance funds	Government social insurance	Proprietors' income
1. A component's contribution to percent change in personal income equals the dollar change in that component divided by personal income in the previous quarter times 100.
Source: U.S. Bureau of Economic Analysis
United States	1.19	0.61	0.10	0.04	0.03	-0.07	0.00	0.43	0.06	0.00
New England
Connecticut	0.44	0.01	0.01	0.00	0.05	0.01	-0.12	0.45	0.04	0.00
Maine	1.22	0.70	0.12	0.04	0.02	-0.09	0.03	0.32	0.08	0.01
Massachusetts	1.14	0.58	0.09	0.03	0.03	-0.06	-0.03	0.44	0.05	0.01
New Hampshire	1.34	0.85	0.13	0.05	0.03	-0.11	0.04	0.30	0.04	0.01
Rhode Island	0.52	-0.16	0.01	-0.03	0.06	0.05	0.10	0.39	0.06	0.04
Vermont	1.14	0.67	0.10	0.04	0.01	-0.08	0.01	0.32	0.07	0.02
Mideast
Delaware	0.87	0.17	0.05	-0.01	0.08	0.01	0.07	0.45	0.06	-0.02
District of Columbia	1.35	1.47	0.23	0.07	0.23	-0.14	-0.94	0.39	0.04	0.01
Maryland	1.20	0.66	0.08	0.04	0.03	-0.08	0.10	0.32	0.04	0.01
New Jersey	0.72	0.47	0.05	0.02	0.05	-0.05	-0.21	0.35	0.04	-0.01
New York	-0.10	-0.90	-0.07	-0.04	0.07	0.12	0.14	0.53	0.05	-0.01
Pennsylvania	1.18	0.75	0.11	0.05	0.04	-0.1	-0.02	0.31	0.06	-0.01
Great Lakes
Illinois	1.05	0.57	0.10	0.03	-0.01	-0.06	0.00	0.41	0.04	-0.02
Indiana	1.12	0.74	0.13	0.04	-0.09	-0.09	0.02	0.33	0.06	-0.02
Michigan	1.09	0.63	0.10	0.03	-0.02	-0.07	0.01	0.39	0.06	-0.03
Ohio	1.23	0.76	0.12	0.05	0.01	-0.09	-0.01	0.34	0.06	-0.01
Wisconsin	1.29	0.78	0.13	0.04	-0.02	-0.1	0.02	0.39	0.05	0.00
Plains
Iowa	0.97	0.70	0.12	0.04	-0.14	-0.09	0.01	0.29	0.05	-0.01
Kansas	1.67	0.82	0.20	0.05	0.21	-0.11	-0.01	0.44	0.05	0.01
Minnesota	1.47	0.88	0.13	0.05	0.08	-0.11	-0.01	0.39	0.05	0.03
Missouri	1.27	0.71	0.11	0.04	0.08	-0.08	-0.02	0.37	0.07	-0.01
Nebraska	0.93	0.70	0.11	0.04	-0.30	-0.09	-0.02	0.45	0.05	-0.01
North Dakota	0.31	0.56	0.08	0.03	-0.73	-0.06	-0.03	0.41	0.05	0.01
South Dakota	1.24	0.68	0.11	0.04	0.04	-0.09	-0.01	0.42	0.06	0.00
Southeast
Alabama	1.27	0.71	0.12	0.04	0.05	-0.09	0.01	0.37	0.08	-0.01
Arkansas	1.58	0.72	0.13	0.04	0.22	-0.1	-0.01	0.47	0.09	0.01
Florida	1.63	0.79	0.10	0.04	0.00	-0.1	0.00	0.72	0.07	0.01
Georgia	1.13	0.59	0.11	0.03	0.04	-0.06	0.00	0.38	0.06	-0.01
Kentucky	1.14	0.61	0.11	0.03	0.05	-0.07	0.00	0.36	0.07	-0.01
Louisiana	1.35	0.73	0.14	0.04	0.11	-0.09	0.00	0.35	0.06	0.01
Mississippi	1.41	0.69	0.13	0.04	0.15	-0.09	0.04	0.35	0.09	0.01
North Carolina	1.47	0.90	0.15	0.05	0.02	-0.12	-0.01	0.41	0.07	0.00
South Carolina	1.35	0.77	0.13	0.04	-0.01	-0.1	0.02	0.40	0.08	0.00
Tennessee	1.26	0.77	0.12	0.04	0.08	-0.1	-0.02	0.28	0.07	0.02
Virginia	1.32	0.86	0.13	0.05	0.02	-0.1	-0.01	0.33	0.05	0.00
West Virginia	1.14	0.60	0.13	0.04	0.08	-0.09	0.03	0.27	0.08	-0.01
Southwest
Arizona	1.15	0.60	0.09	0.03	-0.04	-0.07	0.01	0.44	0.08	0.01
New Mexico	1.63	0.88	0.12	0.05	0.07	-0.11	0.01	0.54	0.08	0.00
Oklahoma	1.56	0.70	0.10	0.04	0.35	-0.09	0.02	0.36	0.07	0.00
Texas	1.71	0.99	0.15	0.06	0.20	-0.12	-0.01	0.39	0.06	-0.01
Rocky Mountain
Colorado	1.40	0.80	0.10	0.05	0.04	-0.09	0.00	0.46	0.04	-0.01
Idaho	0.93	0.68	0.10	0.04	-0.33	-0.09	0.04	0.44	0.07	-0.02
Montana	1.33	0.75	0.13	0.05	0.03	-0.11	0.00	0.43	0.06	-0.01
Utah	2.00	1.31	0.20	0.09	0.05	-0.18	-0.01	0.50	0.05	-0.01
Wyoming	1.36	0.71	0.10	0.04	0.07	-0.09	0.00	0.47	0.05	0.01
Far West
Alaska	0.99	0.55	0.02	0.03	0.07	-0.06	-0.09	0.43	0.06	-0.01
California	1.36	0.74	0.13	0.05	-0.02	-0.09	0.00	0.51	0.05	0.01
Hawaii	1.46	0.87	0.11	0.05	0.02	-0.11	0.00	0.47	0.05	0.00
Nevada	1.66	0.85	0.13	0.04	-0.01	-0.09	-0.01	0.68	0.05	0.01
Oregon	1.24	0.78	0.11	0.05	-0.08	-0.11	-0.02	0.47	0.06	-0.02
Washington	1.76	1.20	0.19	0.09	-0.07	-0.18	0.01	0.47	0.05	-0.01
BEA Regions
New England	0.92	0.40	0.07	0.02	0.04	-0.04	-0.04	0.42	0.05	0.01
Mideast	0.54	-0.02	0.02	0.00	0.06	0.01	0.01	0.42	0.05	-0.01
Great Lakes	1.14	0.67	0.11	0.04	-0.02	-0.08	0.00	0.38	0.05	-0.02
Plains	1.28	0.77	0.13	0.04	0.01	-0.1	-0.01	0.39	0.06	0.01
Southeast	1.39	0.76	0.12	0.04	0.04	-0.09	0.00	0.46	0.07	0.00
Southwest	1.60	0.89	0.13	0.05	0.17	-0.11	0.00	0.41	0.06	0.00
Rocky Mountain	1.46	0.89	0.12	0.05	0.00	-0.11	0.01	0.47	0.05	-0.01
Far West	1.42	0.80	0.13	0.05	-0.03	-0.11	0.00	0.51	0.05	0.01

Table 3. Contributions to Percent Change in Personal Income by Major Industry, by State and Region, 2007:I-2007:II/1
[Percentage points, seasonally adjusted]
Earnings by industry
	Total Earnings/1	Farm	Forestry, fishing, related activities and other/2	Mining	Utilities	Con- struction	Manufacturing		Wholesale trade	Retail trade	Transpor- tation and warehousing	Information	Finance and insurance
	Total Earnings/1	Farm	Forestry, fishing, related activities and other/2	Mining	Utilities	Con- struction	Durable goods	Nondurable goods	Wholesale trade	Retail trade	Transpor- tation and warehousing	Information	Finance and insurance
1. Earnings by place of work is the sum of wage and salary disbursements (payrolls), supplements to wages and salaries, and proprietors' income.
2. "Other" consists of the wage and salary disbursements to U.S. residents employed by international organizations and foreign embassies and consulates in the U.S.
Source: U.S. Bureau of Economic Analysis
United States	0.78	- 0.03	0.00	0.03	0.01	0.03	0.08	0.06	0.08	0.04	0.01	0.01	- 0.18
New England
Connecticut	0.06	- 0.01	0.00	0.00	- 0.04	- 0.01	0.09	0.07	0.08	0.04	0.01	0.01	- 0.73
Maine	0.87	- 0.02	0.00	0.00	0.01	0.01	0.06	0.08	0.06	0.04	0.02	0.00	- 0.01
Massachusetts	0.73	0.00	0.00	0.00	0.01	0.00	0.08	0.05	0.08	0.03	0.01	0.01	- 0.30
New Hampshire	1.05	- 0.01	0.00	0.00	0.02	- 0.02	0.15	0.06	0.11	0.07	0.01	0.01	0.00
Rhode Island	- 0.12	0.00	0.00	0.00	0.02	0.03	- 0.26	0.05	- 0.12	- 0.25	0.01	0.00	- 0.01
Vermont	0.80	- 0.04	0.00	0.01	0.03	0.01	0.10	0.06	0.06	0.05	0.01	0.00	- 0.05
Mideast
Delaware	0.30	0.01	0.00	0.00	0.02	0.04	0.05	0.09	0.08	0.04	0.01	0.01	- 0.85
District of Columbia	2.00	0.00	- 0.03	0.00	0.03	0.01	0.00	0.01	0.03	0.00	- 0.01	0.06	0.07
Maryland	0.80	- 0.01	0.00	0.00	- 0.02	0.04	0.03	0.03	0.06	0.03	0.01	0.01	0.01
New Jersey	0.59	- 0.01	0.00	0.00	0.01	0.01	0.02	- 0.09	0.10	0.04	- 0.03	0.01	- 0.11
New York	- 0.94	- 0.01	0.00	0.01	0.02	0.06	0.06	0.02	0.05	0.02	0.01	0.01	- 1.78
Pennsylvania	0.94	- 0.02	0.00	0.02	- 0.01	0.00	0.08	0.08	0.08	0.03	0.02	0.01	0.01
Great Lakes
Illinois	0.68	- 0.09	0.00	0.02	0.02	0.02	0.07	0.10	0.09	0.03	0.02	0.00	- 0.18
Indiana	0.82	- 0.17	0.00	0.01	0.02	0.09	0.18	0.11	0.08	0.02	0.01	0.00	0.00
Michigan	0.75	- 0.04	0.00	0.01	0.02	- 0.05	0.12	0.07	0.07	0.01	0.00	0.01	- 0.01
Ohio	0.94	- 0.05	0.00	0.01	0.02	0.03	0.10	0.09	0.08	0.03	0.02	0.00	0.00
Wisconsin	0.93	- 0.05	0.00	0.00	0.01	- 0.03	0.13	0.13	0.09	0.04	0.02	0.01	0.00
Plains
Iowa	0.72	- 0.17	0.00	0.01	0.02	- 0.05	0.11	0.11	0.07	0.04	0.04	0.00	0.03
Kansas	1.29	0.10	0.00	0.04	0.02	- 0.03	0.14	0.13	0.08	0.04	0.01	0.01	0.02
Minnesota	1.14	0.04	0.00	0.01	0.02	0.01	0.07	0.09	0.12	0.04	0.01	0.00	0.03
Missouri	0.94	0.02	0.00	0.01	0.02	0.02	0.08	0.08	0.09	0.04	0.02	0.01	- 0.12
Nebraska	0.55	- 0.37	0.00	0.01	0.03	0.01	0.04	0.09	0.09	0.04	0.02	0.01	0.01
North Dakota	- 0.07	- 0.77	0.00	0.00	0.04	- 0.12	0.06	0.04	0.05	0.07	0.03	0.01	0.04
South Dakota	0.86	0.01	0.00	0.01	0.02	- 0.04	0.07	0.08	0.08	0.06	0.02	0.00	0.04
Southeast
Alabama	0.91	- 0.01	0.00	0.02	0.03	0.04	0.09	0.08	0.08	0.05	0.01	0.00	0.00
Arkansas	1.12	0.18	0.00	0.02	0.02	0.01	0.06	0.10	0.07	0.03	0.03	0.01	0.01
Florida	0.94	- 0.02	0.00	0.00	0.01	0.06	0.04	0.02	0.08	0.04	0.01	0.01	0.02
Georgia	0.77	- 0.01	0.00	0.01	0.02	0.04	0.07	0.10	0.12	0.05	0.02	- 0.14	0.01
Kentucky	0.79	- 0.02	0.00	0.05	0.01	0.01	0.10	0.08	0.09	0.04	- 0.13	0.01	0.01
Louisiana	1.01	0.00	0.00	0.10	0.02	0.06	0.09	0.04	0.06	0.04	0.05	0.02	- 0.02
Mississippi	1.01	0.08	0.00	0.03	0.02	0.03	0.14	0.04	0.07	0.04	0.03	0.01	0.01
North Carolina	1.12	- 0.02	0.00	0.00	0.01	0.04	0.09	0.11	0.09	0.04	0.01	0.01	0.02
South Carolina	0.95	- 0.04	0.00	0.00	0.02	0.04	0.10	0.10	0.08	0.04	0.01	0.01	0.00
Tennessee	1.01	0.00	0.00	0.01	0.00	0.01	0.10	0.10	0.10	0.05	0.03	0.01	0.00
Virginia	1.05	0.00	0.00	0.01	0.02	0.02	- 0.02	0.06	0.06	0.04	0.01	0.01	0.01
West Virginia	0.85	0.01	0.00	0.13	0.03	- 0.02	0.07	0.08	0.03	0.02	- 0.01	0.01	0.01
Southwest
Arizona	0.68	- 0.03	0.00	0.02	0.02	- 0.08	0.06	0.03	0.11	0.07	- 0.06	0.01	- 0.04
New Mexico	1.11	- 0.01	0.00	0.09	0.02	0.13	0.04	0.02	0.04	0.05	0.02	0.01	0.00
Oklahoma	1.20	0.09	0.00	0.25	- 0.06	0.01	0.11	0.17	0.08	0.00	0.04	- 0.05	0.00
Texas	1.39	- 0.01	0.00	0.18	0.03	0.08	0.09	0.11	0.11	0.05	0.04	0.01	0.01
Rocky Mountain
Colorado	0.99	- 0.02	0.00	0.10	0.02	- 0.01	0.01	- 0.09	0.08	0.05	0.03	0.06	- 0.01
Idaho	0.49	- 0.38	- 0.01	0.01	0.01	- 0.06	0.04	0.05	0.06	0.08	0.02	0.01	0.02
Montana	0.96	0.00	0.00	0.07	0.03	0.03	0.04	0.03	0.07	0.07	0.01	0.00	0.00
Utah	1.64	- 0.03	0.00	0.05	0.01	0.19	0.14	0.10	0.12	0.09	0.01	0.03	0.06
Wyoming	0.93	- 0.03	0.00	0.34	0.03	- 0.10	0.03	0.04	0.08	0.03	0.04	0.00	0.00
Far West
Alaska	0.67	- 0.01	0.00	0.11	0.02	0.10	0.01	0.05	0.02	0.03	0.09	- 0.01	0.01
California	0.88	- 0.06	0.00	0.01	0.02	0.00	0.07	0.06	0.08	0.03	0.02	0.01	- 0.02
Hawaii	1.05	- 0.02	0.00	0.00	0.02	0.19	0.02	0.04	0.06	0.09	0.00	- 0.01	0.03
Nevada	1.01	- 0.01	0.00	0.01	0.01	- 0.01	0.02	0.02	0.06	0.05	0.02	0.01	- 0.03
Oregon	0.87	- 0.14	0.00	0.01	0.01	0.09	0.07	0.04	0.10	0.06	0.02	0.02	- 0.01
Washington	1.42	- 0.11	- 0.01	0.01	0.00	0.09	0.28	0.04	0.11	0.08	0.01	0.27	0.01
BEA Regions
New England	0.53	- 0.01	0.00	0.00	0.00	0.00	0.07	0.06	0.07	0.02	0.01	0.01	- 0.35
Mideast	0.06	- 0.01	0.00	0.01	0.01	0.03	0.05	0.01	0.07	0.03	0.01	0.01	- 0.79
Great Lakes	0.80	- 0.07	0.00	0.01	0.02	0.01	0.11	0.09	0.08	0.03	0.01	0.00	- 0.06
Plains	0.95	- 0.05	0.00	0.01	0.02	- 0.01	0.08	0.09	0.09	0.04	0.02	0.00	- 0.01
Southeast	0.96	0.00	0.00	0.02	0.02	0.04	0.06	0.07	0.08	0.04	0.01	- 0.01	0.01
Southwest	1.24	- 0.01	0.00	0.16	0.02	0.05	0.08	0.10	0.10	0.05	0.02	0.01	0.00
Rocky Mountain	1.06	- 0.07	0.00	0.09	0.02	0.03	0.05	- 0.01	0.09	0.06	0.02	0.04	0.01
Far West	0.96	- 0.07	0.00	0.01	0.02	0.02	0.09	0.05	0.08	0.04	0.02	0.04	- 0.02

Table 3. Contributions to Percent Change in Personal Income by Major Industry, by State and Region, 2007:I-2007:II/1 (continued)
[Percentage points, seasonally adjusted]
Earnings by industry
	Real estate and rental and leasing	Professional and technical services	Manage- ment of companies and enterprises	Adminis- trative and waste services	Educational services	Health care and social assistance	Arts, entertain- ment, and recreation	Accomo- dation and food services	Other services, except public administration	Government
	Real estate and rental and leasing	Professional and technical services	Manage- ment of companies and enterprises	Adminis- trative and waste services	Educational services	Health care and social assistance	Arts, entertain- ment, and recreation	Accomo- dation and food services	Other services, except public administration	Federal, civilian	Military	State and local
Source: U.S. Bureau of Economic Analysis
United States	- 0.01	0.19	0.05	0.03	0.00	0.15	0.02	0.05	0.03	0.01	0.01	0.11
New England
Connecticut	- 0.06	0.17	0.08	0.03	0.00	0.14	0.02	0.03	0.03	0.00	0.00	0.09
Maine	- 0.01	0.12	0.03	0.03	0.00	0.23	0.01	0.06	0.03	0.01	0.01	0.09
Massachusetts	- 0.01	0.28	0.07	0.03	0.00	0.19	0.02	0.05	0.03	0.01	0.00	0.08
New Hampshire	- 0.02	0.17	0.07	0.03	0.00	0.18	0.02	0.06	0.04	0.00	0.01	0.08
Rhode Island	0.00	- 0.15	0.09	0.01	0.01	0.16	0.02	0.05	0.03	0.02	0.05	0.11
Vermont	0.00	0.14	0.00	0.01	0.00	0.19	0.01	0.07	0.03	0.00	- 0.01	0.12
Mideast
Delaware	0.00	0.23	0.10	0.03	0.00	0.17	0.02	0.05	0.04	0.02	0.01	0.12
District of Columbia	- 0.04	1.06	- 0.37	0.15	- 0.02	0.21	0.01	0.16	0.34	0.15	0.08	0.09
Maryland	0.01	0.25	0.03	0.03	0.00	0.13	0.01	0.04	0.03	0.01	- 0.02	0.09
New Jersey	- 0.01	0.21	0.08	0.02	0.00	0.14	0.01	0.04	0.03	0.02	0.00	0.09
New York	0.01	0.24	0.06	- 0.01	0.01	0.13	0.04	0.03	0.02	0.00	0.00	0.06
Pennsylvania	- 0.01	0.18	0.08	0.03	0.00	0.19	0.02	0.04	0.03	0.02	- 0.01	0.07
Great Lakes
Illinois	- 0.07	0.22	0.08	0.05	- 0.01	0.14	0.01	0.05	0.03	0.00	0.01	0.09
Indiana	- 0.01	0.10	0.04	0.01	- 0.01	0.14	0.02	0.03	0.03	0.01	- 0.01	0.11
Michigan	- 0.04	0.14	0.06	0.02	0.00	0.17	0.01	0.04	0.02	0.01	- 0.01	0.10
Ohio	- 0.01	0.14	0.09	0.03	0.00	0.16	0.02	0.04	0.03	0.01	0.00	0.10
Wisconsin	0.00	0.11	0.05	0.05	0.00	0.17	0.02	0.04	0.04	0.00	0.00	0.10
Plains
Iowa	0.00	0.09	0.04	0.02	0.00	0.14	0.01	0.05	0.03	0.01	0.00	0.13
Kansas	- 0.01	0.15	0.03	0.04	0.00	0.13	0.00	0.04	0.05	- 0.02	0.22	0.10
Minnesota	- 0.01	0.17	0.11	0.04	0.00	0.18	0.02	0.04	0.03	0.01	0.00	0.12
Missouri	0.00	0.16	0.09	0.03	0.00	0.16	0.03	0.05	0.04	0.01	- 0.01	0.11
Nebraska	0.00	0.11	0.08	0.02	0.01	0.16	0.01	0.03	0.04	0.00	0.00	0.10
North Dakota	0.00	0.11	0.06	- 0.01	0.00	0.18	0.01	0.05	0.03	- 0.02	- 0.02	0.08
South Dakota	- 0.03	0.08	0.04	0.02	0.00	0.21	0.01	0.06	0.04	0.00	- 0.01	0.09
Southeast
Alabama	- 0.01	0.14	0.02	0.02	0.00	0.13	0.00	0.04	0.03	0.01	0.01	0.12
Arkansas	- 0.01	0.10	0.08	0.02	0.00	0.15	0.01	0.05	0.03	0.00	0.03	0.13
Florida	0.00	0.17	0.04	0.07	0.01	0.16	0.05	0.08	0.04	- 0.01	- 0.01	0.10
Georgia	- 0.01	0.19	- 0.17	0.04	0.00	0.13	0.01	0.06	0.04	0.02	0.05	0.12
Kentucky	0.00	0.11	0.04	0.03	0.00	0.15	0.01	0.04	0.03	0.02	0.00	0.10
Louisiana	0.03	0.12	0.04	0.00	- 0.02	0.16	- 0.04	0.10	0.01	0.00	0.03	0.10
Mississippi	0.00	0.11	0.04	0.02	0.00	0.12	0.01	0.04	0.03	0.02	0.03	0.11
North Carolina	- 0.01	0.15	0.07	0.04	0.00	0.14	0.02	0.05	0.04	0.03	0.04	0.14
South Carolina	0.00	0.13	0.03	0.03	0.00	0.13	0.01	0.07	0.04	0.01	0.02	0.13
Tennessee	- 0.01	0.14	0.03	0.05	0.00	0.18	0.02	0.06	0.04	0.00	0.00	0.10
Virginia	- 0.01	0.34	0.09	0.04	0.01	0.09	0.01	0.04	0.05	0.00	0.04	0.12
West Virginia	0.00	0.12	0.02	0.03	- 0.01	0.10	0.02	0.03	0.03	0.04	0.01	0.09
Southwest
Arizona	- 0.01	0.19	- 0.12	0.02	0.01	0.16	0.03	0.06	0.04	0.04	0.00	0.12
New Mexico	0.00	0.24	0.02	0.06	0.00	0.14	0.01	0.07	0.04	0.03	- 0.03	0.11
Oklahoma	0.00	0.14	0.03	0.01	0.01	0.10	0.01	0.03	0.09	0.01	- 0.04	0.17
Texas	0.00	0.24	0.03	0.04	0.00	0.14	0.00	0.07	0.02	0.01	0.01	0.13
Rocky Mountain
Colorado	- 0.02	0.30	0.05	0.03	0.00	0.12	0.03	0.06	0.04	0.01	0.03	0.10
Idaho	0.00	0.19	0.07	0.04	0.00	0.14	0.01	0.04	0.02	0.01	0.00	0.11
Montana	- 0.05	0.13	0.01	0.02	0.00	0.17	0.03	0.08	0.03	0.06	- 0.01	0.15
Utah	0.01	0.25	0.08	0.04	0.02	0.14	0.02	0.07	0.07	0.04	0.01	0.11
Wyoming	- 0.01	0.11	0.01	0.00	0.00	0.11	0.01	0.09	0.05	0.00	0.00	0.11
Far West
Alaska	0.00	0.13	0.02	0.03	0.00	0.18	0.01	0.09	0.01	- 0.02	- 0.25	0.04
California	- 0.02	0.22	0.04	0.03	0.00	0.12	0.03	0.06	0.03	0.02	0.01	0.14
Hawaii	0.01	0.10	0.04	0.08	0.01	0.16	0.02	0.23	0.05	- 0.03	0.01	- 0.03
Nevada	0.00	0.13	0.10	0.02	0.00	0.14	0.02	0.22	0.03	0.02	0.01	0.18
Oregon	0.01	0.14	0.07	0.02	0.00	0.16	0.00	0.06	0.02	- 0.01	0.00	0.14
Washington	- 0.01	0.17	0.05	0.03	- 0.01	0.14	0.02	0.05	0.04	0.00	0.04	0.12
BEA Regions
New England	- 0.02	0.20	0.07	0.03	0.00	0.17	0.02	0.05	0.03	0.01	0.01	0.09
Mideast	0.00	0.24	0.06	0.01	0.00	0.15	0.03	0.04	0.03	0.01	0.00	0.07
Great Lakes	- 0.03	0.16	0.07	0.03	0.00	0.16	0.01	0.04	0.03	0.00	0.00	0.10
Plains	0.00	0.14	0.08	0.03	0.00	0.16	0.02	0.04	0.04	0.00	0.03	0.11
Southeast	0.00	0.17	0.02	0.04	0.00	0.14	0.02	0.06	0.04	0.01	0.02	0.11
Southwest	0.00	0.22	0.01	0.04	0.00	0.14	0.01	0.07	0.03	0.01	0.00	0.13
Rocky Mountain	- 0.01	0.25	0.05	0.03	0.00	0.13	0.02	0.06	0.05	0.02	0.02	0.11
Far West	- 0.01	0.20	0.04	0.03	0.00	0.13	0.03	0.07	0.03	0.01	0.01	0.13

Table 4. Revisions to Personal Income, by State and Region, 2004-2006
	Revised			Percent Revision
	(Millions of dollars)			Percent Revision
	2004	2005	2006	2004	2005	2006
Source: U.S. Bureau of Economic Analysis
United States	9,711,271	10,284,378	10,966,808	- 0.1	0.6	1.0
New England
Connecticut	159,256	166,987	177,997	0.4	0.7	1.9
Maine	39,510	40,634	42,199	0.7	0.1	- 1.3
Massachusetts	266,818	280,502	297,755	- 0.4	0.2	0.8
New Hampshire	47,170	48,979	52,142	- 0.2	- 0.8	0.9
Rhode Island	36,814	38,388	39,780	0.4	1.2	- 0.3
Vermont	19,750	20,324	21,601	1.2	- 0.2	1.0
Mideast
Delaware	29,269	31,211	33,272	- 0.1	0.0	- 0.1
District of Columbia	29,220	31,195	33,356	0.3	1.5	2.9
Maryland	219,938	232,457	245,821	- 0.3	- 0.9	- 0.7
New Jersey	361,679	377,006	404,192	- 0.4	- 1.2	0.0
New York	739,795	790,329	848,744	- 0.3	2.4	3.7
Pennsylvania	413,901	431,836	456,429	0.1	- 0.4	0.0
Great Lakes
Illinois	445,269	464,162	491,422	0.7	0.3	0.2
Indiana	186,222	193,515	203,457	- 0.7	- 0.9	- 0.9
Michigan	318,762	330,490	341,075	- 0.5	- 0.3	- 0.2
Ohio	351,631	365,327	381,260	- 0.3	0.0	- 0.4
Wisconsin	174,740	181,980	191,567	- 1.0	- 1.1	- 0.6
Plains
Iowa	90,515	93,335	98,459	- 0.8	- 0.6	- 0.7
Kansas	84,620	89,773	96,034	- 1.1	- 0.6	0.0
Minnesota	183,795	190,529	200,232	- 0.2	- 0.3	0.1
Missouri	173,968	181,930	191,602	0.5	0.5	0.3
Nebraska	55,486	57,727	60,801	- 0.6	- 0.3	0.0
North Dakota	18,674	20,341	21,005	0.9	2.2	1.5
South Dakota	23,881	24,650	25,338	- 0.7	- 2.2	- 4.5
Southeast
Alabama	126,283	133,063	141,838	- 0.3	- 1.2	- 1.5
Arkansas	70,706	74,835	79,951	- 0.2	1.0	1.8
Florida	565,211	616,767	663,261	0.0	2.1	2.4
Georgia	264,635	283,913	299,885	0.0	0.6	0.4
Kentucky	111,676	118,301	125,001	- 0.2	0.3	1.2
Louisiana	122,294	111,696	134,505	0.4	0.5	1.3
Mississippi	69,778	74,033	78,317	0.5	1.6	1.4
North Carolina	251,285	266,985	286,405	- 0.4	- 0.8	0.3
South Carolina	113,348	120,729	128,291	- 0.3	0.5	0.6
Tennessee	174,741	184,637	195,085	0.2	0.1	0.0
Virginia	267,785	287,250	302,382	0.4	1.3	1.0
West Virginia	45,731	47,955	51,039	- 0.2	0.1	0.6
Southwest
Arizona	164,941	180,878	197,009	0.5	1.2	1.6
New Mexico	49,799	54,008	58,101	- 1.8	0.5	0.2
Oklahoma	100,078	106,493	115,960	0.1	0.4	0.6
Texas	695,504	760,316	824,144	0.7	2.2	2.3
Rocky Mountain
Colorado	163,805	175,815	188,173	- 0.5	0.5	1.0
Idaho	38,123	40,414	43,917	- 0.3	- 0.7	0.0
Montana	25,814	27,313	29,176	0.1	0.7	0.6
Utah	63,613	70,167	75,914	0.2	3.1	2.3
Wyoming	17,760	18,907	20,893	0.2	- 0.4	- 0.3
Far West
Alaska	22,459	24,299	25,879	0.9	3.0	3.6
California	1,265,657	1,347,943	1,434,910	- 0.2	0.9	1.0
Hawaii	41,075	44,333	47,339	- 0.1	1.0	1.5
Nevada	80,311	90,267	97,363	1.2	4.7	5.2
Oregon	109,808	114,648	123,059	- 1.4	- 2.4	- 1.2
Washington	218,366	224,808	243,471	0.7	0.7	1.7
BEA Regions
New England	569,318	595,815	631,475	0.0	0.3	0.9
Mideast	1,793,801	1,894,034	2,021,814	- 0.2	0.6	1.5
Great Lakes	1,476,625	1,535,474	1,608,781	- 0.2	- 0.2	- 0.3
Plains	630,940	658,284	693,472	- 0.2	- 0.2	- 0.1
Southeast	2,183,474	2,320,164	2,485,959	0.0	0.8	1.0
Southwest	1,010,321	1,101,695	1,195,214	0.5	1.7	1.9
Rocky Mountain	309,115	332,616	358,073	- 0.3	0.9	1.0
Far West	1,737,676	1,846,297	1,972,021	- 0.1	0.9	1.2

Bureau of Economic Analysis is an agency of the U.S. Department of Commerce.