Why is per capita income important?
Per capita personal income is used as the broadest measure of the improvements in and strengths of an economy. Measuring regional per capita income is a way to gauge how the Capital Region is keeping pace with the state and the U.S. as a whole. Economic well-being is one important cornerstone of economic sustainability and an important part of our quality of life. The more disposable income we have, the greater our choices in how we spend for the things we enjoy–and the more we enrich our local economies.
