The Virginian-Pilot 
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1995, Landmark Communications, Inc.

DATE: Thursday, January 26, 1995             TAG: 9501260403
SECTION: FRONT                    PAGE: A13  EDITION: FINAL 
SOURCE: ASSOCIATED PRESS 
DATELINE: WASHINGTON                         LENGTH: Short :   33 lines

PERSONAL INCOME RISES FASTER THAN PRICES IN 3RD QUARTER

Nevada and Florida led the way as personal income in the nation rose 1.3 percent in the third quarter of 1994, outpacing price increases.

The Commerce Department said Wednesday that income in Nevada and Florida rose 2.2 percent July through September, and in 40 states income rose more rapidly than the national increase in prices.

Incomes nationally rose 1.9 percent in the second quarter.

In the third quarter, prices rose a moderate 0.8 percent in the nation, compared with 0.7 percent the previous three months.

The Commerce Department said the income gains in Nevada and Florida may reflect the large proportion of retired people who live there and who benefited from gains in dividend, interest and rental income. ILLUSTRATION: LOCALLY

Percentage changes in personal income from the second quarter to

the third quarter of 1994.

N.C. +1.4

Va. +1.3

KEYWORDS: PERSONAL INCOME FINANCE INCOME by CNB