- Associated Press - Monday, March 31, 2014

PROVIDENCE, R.I. (AP) - Rhode Islanders’ personal income increased 2.6 percent from 2012 to 2013, ranking the state 23rd in the country.

A report by the U.S. Bureau of Economic Analysis says state residents’ income was $49.4 billion last year, up from $48.2 billion in 2012.

The Providence Journal reports (https://bit.ly/1fdWniB ) that although Rhode Islanders’ income ranked in the middle of the pack among the states, it was second in New England behind Vermont, which saw a 2.9 percent increase.

The largest increase nationwide was in North Dakota at 7.6 percent and the smallest was in West Virginia at 1.5 percent.

Rhode Island’s income growth was spurred by a 4 percent increase in dividend, interest and rent income.

Per-capita income in Rhode Island was about $47,000, ranking 14th nationally and fourth in New England.

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