Personal income declines in Colorado in second quarter | VailDaily.com
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Personal income declines in Colorado in second quarter

Aldo Svaldi
The Denver Post

U.S. personal income rose in the second quarter, the first quarter-over-quarter gain in a year.

But Colorado was among a dozen states where personal incomes declined during the quarter, according to a report Friday from the U.S. Bureau of Economic Analysis.

Personal income in Colorado in the second quarter was $207.3 billion, down from the $208 billion in the first quarter.



The 0.3 percent decline in Colorado ranked 46th among states, down in the cellar with hard-hit places like California and Nevada. Nationally, personal income rose 0.2 percent.

Wyoming had the sharpest drop in income, 1 percent, during the quarter, as lower oil and gas prices took a toll on its economy.



For more of this Denver Post story: http://www.denverpost.com/ci_13581112


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