Data released today by the Bureau of Economic Analysis (BEA) shows that Louisiana personal income grew at a seasonally adjusted annual rate of $2.09 billion to $216.3 billion between 2018 Q4 and 2019 Q1. Louisiana personal income has grown for 12 consecutive quarters since 2016 Q1. From Q4 of 2018 to Q1 of 2019, personal income for Louisiana residents has increased by 4 percent, outpacing the national average of 3.4 percent. Louisiana personal income growth ranked 17th among US states; ahead of Texas (20th), Mississippi (26th), and Arkansas (45th).
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