Colorado income growth dropped in Q2

Colorado personal income rose just 1.1 percent in the second quarter in Colorado, compared with a first-quarter growth rate of 1.8 percent. The decline mirrored the national average of income growth between the two quarters in all 50 states and the District of Columbia. Colorado incomes didn’t grow as fast from April through June as they did from January through March of this year. Still, personal income in the state grew to $224.3 million during the quarter, according to the Bureau of Economic Analysis, a unit of the U.S. Department of Commerce.

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