Per the 8:30 A.M., November 26th reporting by the Bureau of Economic Analysis, local personal income was up in all 366 metropolitan counties for the first time since 2007.
The bureau further reported that personal income rose in 3,062 of the 3,111 counties in the United States in 2011 with growth ranging from 62.2% in King County, Texas to -28.8% in Lynn county, Texas. Of the 50 counties with the fastest growth in 2011, 45 of these were located in the Plains region. 41 of the 45 were located in Nebraska, North Dakota and South Dakota. The reported source of much of this were increases in farm income.
Personal income for non metropolitan counties grew 6.8% in 2011, which exceeded the growth rates for metropolitan counties.
Personal income up in all 366 metropolitan areas
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