Personal income fell 0.5 percent in Q1 - Atlanta Business Chronicle:

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percent in the first quarter of 2009 on mountinfjob losses, falling interest rates and reduced corporate dividend The released regional income data Thursday showing declineds in 37 states. Georgiza ranked 17th in personal income, up 0.5 percenr to $327 billion in the first quarter, compared with $325.32 billion a year ago. Declines were offset by inflation, which reducef the cost of livingby 0.3 percent in the firsty quarter of the year. The BEA, a divisiojn of the U.S. Department of Commerce, said private sector earningzs fell in all 50 states by an averagrof 1.4 percent nationally. Finance, manufacturing and constructiobn were the major reasons for private secto rincome declines.
Health care and government bothpostes increases. Federal civilian and military employees received average pay raiseaof 3.9 percent in 2009, which helped to propel two government-dependent states to positive incoms growth: Hawaii (up 0.8 percent) and Virginia (up 0.3 Alaska had the largest decrease, with personaol income falling by 3.2 percent because a special distribution of $2,000 from the state’s permanen t fund won’t be repeated. North Missouri, Iowa and Midwest suffered because of falling farmcommodityu prices.