New Data on State Income Released [Audio]

The Bureau of Economic Analysis recently released its findings on per capita income for every state in the nation. Considered by economists as a fundamental source of data, the report includes income from all sources including interest, rents, wages, dividends and more. Director of the Buereau of Economic Research for the University of Montana, Patrick Barkey spoke with KGVO News about the numbers. Here is that discussion.

The boom in the Bakken has helped the state’s numbers significantly, but other sectors such as education and retail sales are also showing cause for optimism.