I wrote recently about the 10 states where incomes are projected to grow the most and the least, based on data provided by forecasting firm IHS Global Insight. Below is a set of projections for each state, from highest to lowest. Most economists expect inflation to be about 2 percent per year for the next several years, so anybody who's income is growing by more than that is getting ahead, at least in economic terms:
Projected average personal income-growth rate per year, through 2015:
| Texas | 6.1 |
| Florida | 6.1 |
| Arizona | 6.0 |
| Idaho | 5.9 |
| Colorado | 5.8 |
| Georgia | 5.8 |
| South Carolina | 5.8 |
| Virginia | 5.7 |
| Oregon | 5.7 |
| Washington | 5.6 |
| California | 5.6 |
| North Carolina | 5.6 |
| Nevada | 5.6 |
| Utah | 5.5 |
| Delaware | 5.5 |
| Oklahoma | 5.4 |
| Wyoming | 5.3 |
| New Jersey | 5.3 |
| District of Columbia | 5.3 |
| Maryland | 5.2 |
| New York | 5.2 |
| Pennsylvania | 5.1 |
| New Mexico | 5.1 |
| Montana | 5.1 |
| South Dakota | 5.1 |
| Tennessee | 5.1 |
| Kentucky | 5.1 |
| Massachusetts | 5.0 |
| Alabama | 5.0 |
| New Hampshire | 4.9 |
| Vermont | 4.9 |
| Minnesota | 4.8 |
| Indiana | 4.8 |
| Illinois | 4.8 |
| Connecticut | 4.8 |
| Hawaii | 4.8 |
| Alaska | 4.7 |
| Louisiana | 4.7 |
| Mississippi | 4.6 |
| Maine | 4.6 |
| Rhode Island | 4.6 |
| Wisconsin | 4.5 |
| Iowa | 4.5 |
| North Dakota | 4.5 |
| Ohio | 4.4 |
| Michigan | 4.3 |
| Missouri | 4.2 |
| Arkansas | 4.2 |
| West Virginia | 4.2 |
| Nebraska | 4.1 |
| Kansas | 4.1 |
Reader Comments Read all comments (2)
B Valenti of MO 10:06AM May 14, 2010
sandy mccain of MT 1:53AM May 11, 2010