Military towns lead NC in personal income growth


    FAYETTEVILLE, NC (AP) — North Carolina’s two largest military
    bases are providing the economic boost for personal pocketbooks in
    their hometowns.

    The U.S. Bureau of Economic Analysis said Tuesday that personal
    income grew by more than five percent last year in the Fayetteville
    and Jacksonville metropolitan areas last year. Those are the
    biggest gains in North Carolina.

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    The Fayetteville Observer reports that
    the rise in the measure that includes all forms of compensation
    around the military towns is nearly double the national average.

    Fayetteville’s rise is ranked 19th and Jacksonville 20th out of
    366 U.S. metro areas.

    Incomes in the Charlotte metro area grew by more than 4 percent
    and in the Raleigh area by almost 4 percent.

    (Copyright 2011 by The Associated Press. All Rights Reserved.)