Comment on State personal income grows

State personal income grows

Oregon’s personal income grew about 1.1 percent in the second quarter of this year, over the first quarter, according to figures released Monday by the federal Bureau of Economic Analysis.State personal income serves as a gauge of economic activity. It equals the sum of wages and salaries; dividends, interest and rent; and transfer receipts, such as unemployment and Medicare benefits, for all people in the state.

 

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