Maine last in nation for personal income growth
Personal income in Maine rose 3.4% last year, the lowest in the nation, according to data from the U.S. Bureau of Economic Analysis. The national average was 5.1%.
Maine’s personal income last year was $50.4 billion, up from $48.8 billion in 2011. The 3.4% increase ranked Maine No. 50 for personal income growth. The highest personal income increase was 8.1% in North Dakota. According to the BEA, many states rebounded from the recession, and ...