Personal income edges up

Jobless benefits, food stamps, Medicaid and other government aid boosted the increase

By Alan Yonan Jr.

POSTED: 01:30 a.m. HST, Dec 18, 2010

Personal income among Hawaii residents rose modestly in the third quarter, helped by an increase in government benefits, according to a new report.

Personal income — which includes wages, interest, dividends, rent and government payments — climbed 0.8 percent in the state during the July-to-September period compared with the previous three months, the U.S. Bureau of Economic Analysis reported. It followed a 0.5 percent rise in the second quarter and continued a string of moderate increases dating back to last fall. The improvement followed a period of recession-induced weakness that saw personal income fall for much of 2008.

Contributes By Alan Yonan Jr., Staradvertiser

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