Covering Louisiana

Dec 31, 2013 7:35 AM by AP

La. personal income growth middle of the pack

BATON ROUGE, La. (AP) - Louisiana residents' personal income grew at 1.1 percent during the third quarter, good for the 24th spot in the country. That's according to the U.S. Bureau of Economic Analysis.

The report shows Louisiana personal income rose to $189.4 billion from July 1 to Sept. 30.

Bureau spokesman Thomas Dail tells The Advocate Louisiana residents' personal income grew 1.1 percent in the third quarter, which was in line with nationwide personal income growth. For Louisiana, this is an acceleration from the second quarter, when personal income grew 1 percent.

The bureau defines personal income as the income received by all persons from all sources.


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