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Posted: Wednesday, 26 September 2012 1:49PM

Personal Income is Up in Mississippi



Chris Davis Reporting
cdavis@telesouth.com

WASHINGTON, D.C.--Some numbers we can appreciate-personal income for Mississippians is up for the second quarter 2012. To find out what that means, we checked with several economy websites and came away with this definition:

Personal income refers to an individual's total earnings from wages and investment enterprises, and other ventures.It is the sum of all the incomes actually received by all the individuals or household during a given period.
The Bureau of Economic Analysis says Mississippi is ahead of the nation in personal income growth. Nationally the growth rate for the quarter was only one percent.

The Magnolia State was sixth in the nation for growth. The bureau said growth slowed in 39 states.

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Topics : Business_Finance
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Locations : Mississippi, Washington, D.c.
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