28 September 2015

More Data Ahead > State Personal Income Stats

Second Quarter 2015 State Personal Income Statistics to be Released September 30 [received one hour ago]
 
WASHINGTON – Preliminary statistics on people’s incomes by state in the second quarter of 2015 will be released Wednesday, September 30 by the U.S. Bureau of Economic Analysis (BEA).
These state personal income statistics will provide BEA’s first look at state economies for the April-June quarter of 2015 and serve as a basis for government and business decision making.
For example:
  • Federal government agencies use state personal income statistics to allocate funds and determine matching grants to states. The statistics are also used in forecasting models to project energy and water use.
  • State governments use the statistics to project tax revenues and demand for public services.
  • Academic regional economists use the statistics for applied research.
  • Businesses, trade associations, and labor organization use the statistics for market research.
As part of this release, BEA will release revised quarterly and annual statistics for 1976-2014 and for the first quarter of 2015. They will also include state per capita personal income statistics for the first quarter of 2010 through the second quarter of 2015 for the first time. Previously, per capita personal income statistics were only available on an annual basis.
The statistics, released at 8:30 a.m. eastern time, also will be available on BEA’s website (www.bea.gov).

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