Rhode Island Personal Income Growth Lags Nation

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A news release just out from the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) shows Rhode Island lagging the nation and (especially) New England on personal income growth from the first quarter to the second quarter.

Rhode Island’s 0.8% growth was 33rd among states and follows a 0.8% reduction the prior quarter.  Total personal income in 2Q13 was, $49.234 billion — not quite back to the $49.248 billion in 4Q12.

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