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Wednesday, March 26, 2014

Personal Income Increases by 2.8 Percent in Hawaii in 2013

According to the U.S. Bureau of Economic Analysis, personal incomes in the state of Hawaii increased by 2.8 percent in 2013.  While this percentage was higher then the national average of 2.6 percent, it was significantly lower than the 3.7 percent the state increased in 2012, and the 5.6 percent growth seen in 2011.  Personal income defined by the Bureau of Economic Analysis as the sum of all compensation received by an individual including salaries, wages, dividends, rental receipts, government payments and distribution from investments. Per person, this equated to $45,652, and meant that the state as a whole earned $64.1 billion.

Source: Honolulu Star Advertiser, 3-26-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
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