OK Personal Income Posts Growth

TULSA, Okla. (AP) - Oklahoma's personal income grew just 0.1 percent from the third to the fourth quarter of 2008, but that was enough to rank it sixth nationally as most of the country continued to see an economic downturn.

Estimates released Tuesday by the U.S. Bureau of Economic Analysis also showed that Oklahoma ranked 28th in per capita income levels at $36,899 - slightly less than the $39,751 national average.

But Oklahoma's per-capita income still ranked higher than other states like Oregon, Michigan and Georgia.

The data also showed that Oklahoma continued to see a benefit from the energy industry, even though the rise in oil prices peaked in the middle of 2008.


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