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States with some of the weakest economic recoveries since the Great Recession are now enjoying soaring income growth in President Trump’s economy.
Analysis conducted by Pew Research Center reveals that states like West Virginia, Nevada, Arizona, New Mexico, Alabama, Mississippi, and Iowa have enjoyed major gains in personal income growth over the last year compared to their lagging income growth since the Great Recession.
Example - West - Virginia - Income - Growth
For example, West Virginia has had annual personal income growth of only about 1.3 percent since 2007. Over the last year, though, West Virginia’s personal income growth has soared 4.3 percent — making it the highest income growth state in the last year of Trump’s “Buy American, Hire American” economy.
Nevada, which had personal income growth of just 1.6 percent since 2007 has enjoyed, over the last year, income growth of 3.5 percent. Likewise, Arizona residents’ income lagged since the recession with a growth rate of 1.8 percent. Over the last year, Arizona residents’ personal income has grown by 3.3 percent.
States - Minnesota - North - Carolina - Income
States like Minnesota and North Carolina, which had annual income growths of 1.9 percent since 2007, have seen personal income grow to almost three percent over the last year.
Alabama and New Mexico, both with some of...
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