PORTLAND — Data from the federal Bureau of Economic Analysis shows that the personal incomes of Maine residents rose 1.1 percent in the third quarter of this year, which is the 25th highest growth rate in the nation.

Personal income in Maine was $59.5 billion compared to $58.9 billion during the previous quarter.

Net earnings, which includes wages, salaries, bonuses and business owners’ income, increased 1.5 percent compared to the second quarter.

In terms of industry, health care and social assistance posted the fasted income growth figures.

Massachusetts and New Hampshire saw incomes grow 1.3 percent.

South Dakota had the highest personal income growth in the country at 1.8 percent.

Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.

Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.

filed under: