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Article: Personal income for metropolitan areas for 2006.(Statistical data)
- Article from:
- Survey of Current Business
- Article date:
- September 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 U.S. Government Printing Office. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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IN 2006, personal income growth accelerated in nearly 70 percent of the Nation's metropolitan areas, according to the most recent estimates from the Bureau of Economic Analysis (BEA). Much of the faster growth was spurred by changes in compensation. Compensation growth in most private industries, including durable-goods manufacturing and professional services, accelerated, while compensation growth at all levels of government, especially the military, slowed (table A).
The 2006 estimates were based on a methodology that speeded the release of personal income estimates for metropolitan statistical areas--a major goal in BEA's strategic plan. The estimates for 2006 ...