Good news on the national economic front

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Personal income rose in 2011 in all of the nation’s 366 metropolitan statistical areas (MSAs) for the first time since 2007, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income growth ranged from 14.8 percent in Odessa, Texas to 1.0 percent in Rochester, Minnesota. Personal income in the United States rose 5.2 percent in 2011, up from 3.8 percent in 2010. Inflation, as measured by the national price index for personal consumption expenditures, accelerated to 2.4 percent in 2011 from 1.9 percent in 2010.

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About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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