Preliminary figures from the U.S. Bureau of Economic Analysis show that real personal income grew in Maine from 2010 to 2011, but only outpaced Mississippi on a statewide and per capita basis.
The latest release estimates Maine’s real personal income grew 1.4% from 2010 to 2011, from $45.3 billion to $45.9 billion.
On a per capita basis, the latest estimate also shows Maine’s real personal income increasing 1.4% from 2010 to 2011, from $34,100 to $34,600.
The figures estimate personal income rose by an average of 2.7% nationwide in 2011 over 2010. The estimates indicate the smallest increase was in Mississippi, at 1.3% growth from 2010 to 2011, and the largest increase was in South Dakota, at 10.4% growth from 2010 to 2011.
After Maine, the states with the next smallest personal income growth rates were Rhode Island (1.5%), Vermont (1.6%) and New Mexico (1.6%).
The estimates released today are subject to revisions sometime next year, based on feedback from data users.