Real Personal Consumption Expenditures and Personal Income by State 2021-22

The U.S Bureau of Economic Analysis released official statistics of real state personal consumption expenditures (Real PCE) by state for 2021-2022.  According to the report, Real PCE by state increased in 42 states and the District of Columbia in 2022, with the percent change ranging from 5.7% in Alaska to –3.2% in New Hampshire.  In addition, Real personal income declined in 45 states and the District of Columbia in 2022, with the percent change ranging from 3% in North Dakota to –8.9% in Rhode Island

Click here to read the full report at the Bureau of Economic Analysis.