The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
Real personal income across all regions rose by an average of 2.9 percent in 2014. This growth rate reflects the year-over-year change in nominal personal income across all regions adjusted by the change in the national personal consumption expenditures (PCE) price index. On a nominal basis, personal income across all regions grew an average of 4.4 percent in 2014. In 2014, the U.S. PCE price index grew 1.4 percent.
The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/