Personal income declines in Colorado in second quarter
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