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Business and Economy

Personal Income of Maine Residents Sees Modest Rise in 3rd Quarter

PORTLAND, Maine - Mainers' personal income rose by 1.1 percent in the third quarter of this year.    That placed the state squarely in the middle of the states for the rate of third-quarter growth. 

The biggest driver of the gain in personal income was wages, up 1.5 percent in the quarter.  There were smaller gains in dividends and similar payments, along with government aid.

By industry, the biggest contributors to the gain in personal income among Maine residents were health-related fields, and state and local government employment.