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Sunday, April 29, 2012

Income grew throughout N.H. in 2010

Personal income grew in every New Hampshire county in 2010, with the largest gain in Grafton County and the smallest in Coos County.

The U.S. Bureau of Economic Analysis, which released the figures Wednesday, defines personal income as income derived by all people from all sources.

The bureau has already released state figures for personal income growth in 2011, but just released the county figures for 2010 because the local data sets take longer to compile.

Personal income declined in every county in New Hampshire from 2008-09.

Statewide, personal income in grew 2.79 percent from 2009-10 and 4.8 percent from 2010-11.

In 2010, Grafton saw a 4.1 percent gain year over year, while Coos grew by just 1 percent in 2010.

The other counties, listed in order of their personal income growth in 2010, are:

Sullivan: 3.46 percent.

Carroll: 3.41 percent.

Rockingham: 2.96 percent.

Hillsborough: 2.71 percent.

Merrimack: 2.5 percent.

Cheshire: 2.44 percent.

Strafford: 2.35 percent.

Belknap: 2.04 percent.

Personal income grew in 66 out of 67 counties in New England in 2010.

In Aroostook County in Maine, it contracted 0.2 percent.

At 8.7 percent growth in 2010, Nantucket County in Massachusetts had largest gain in county personal income in the region.