Personal income rises in all 50 states, Washington leads with 2.4% increase

US personal incomes rose 1.5% in Q2 2004, the fastest pace of growth in more than three years.

US personal incomes rose 1.5% in Q2 2004, the fastest pace of growth in more than three years. All 50 U.S. states reported increases in personal income, and real earnings for all eight US regions climbed above the level set in Q1 2001, the previous peak in the national business cycle, the government reported. The Rocky Mountain and Far West regions posted the strongest personal income growth. Washington led the nation with a 2.4% increase in personal income, followed by Montana and Nevada, up 1.9% from the previous quarter.

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