Friday, April 22, 2011

Local Area Personal Income, 2009

The Bureau of Economic Analysis (BEA) released estimates of personal income at the county level for 2009. Among large counties (those with a population of more than 250,000) the change in personal income from 2008 to 2009 ranged from an 8.1 percent decline (in Oakland County, Michigan) to a 4.2 percent gain (in Loudoun County, Virginia). Growth slowed in all but one of the nation’s 255 large counties. For the nation, personal income fell 1.7 percent in 2009 after growing 4.0 percent in 2008.

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