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South Dakota

2023Q4 GDP Advances in All 50 States; Real Personal Income Declines in 5

From BEA: Source: BEA. Nominal personal income rose in all states. Source: BEA. However, what we care about is real personal income. I deflate using (nationwide) Chained CPI inflation (2.71% q/q AR), and calculate Q4 q/q AR growth. Figure 1: Real per

By: Econbrowser.com
  • Apr 18 2024
  • 11
  • 4444 Views
2023Q4 GDP Advances in All 50 States; Real Personal Income Declines in 5
2023Q4 GDP Advances in All 50
From BEA: Source:BEA. Nominal personal income rose in all states. Source:BEA. However, what we care about is real personal income. I deflate using (nationwide) Chained CPI inflation (2.71% q/q AR… [+627 chars]

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