Summary
The release of preliminary personal income data for calendar year 2009 and revised estimates for 2007 and 2008 permits projection of federal fiscal year (FY) 2012 federal Medicaid matching rates (Federal Medical Assistance Percentage—FMAP). Based on new data published by the Bureau of Economic Analysis (BEA), 16 states would receive increased FMAPs in FY 2012 and 21 would see decreases.
Personal income in the United States declined by an average of 1.7% in 2009. The annual percentage change ranged from -4.8% in Nevada to 2.1% in West Virginia. In fact, only six states saw an increase in personal income in 2009. Per capita personal income growth fell by 2.6% nationally.