The Bureau of Economic Analysis will publish real personal income statistics for the 50 states, the District of Columbia, and all metropolitan areas on Wednesday, July 1 at 8:30 a.m. eastern time.
The report provides annual statistics for 2013. These statistics use regional price parities in combination with the personal consumption expenditure price index to adjust BEA’s personal income data for differences in price levels across the country and over time.
These statistics offer insight into the relative purchasing power of consumers in different states and metropolitan areas. In addition, the data can be used by businesses and households alike to inform their decision making – from deciding where to move for a new job or locate a new store to helping economic development offices chart regional marketing plans.