Californians income declines

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SAN FRANCISCO -- The personal income of California residents declined last year for the first time since World War II, state officials said Wednesday.AP in the Daily News,

An analysis by the federal Bureau of Economic Analysis found that statewide income fell by $40 billion in 2009 to $1.56 trillion. That's down about 2.5 percent from the previous year and even lower than the 2007 figure.

Per capita income was a little more than $42,000 in 2009, compared with nearly $44,000 in 2008, according to the Bureau of Economic Analysis.

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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.

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