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Louisiana |
The population of Louisiana in 2011 was 4,574,836.
| In 2011 Louisiana had a per capita personal income (PCPI) of $38,549. This PCPI was 93 percent of the national average, $41,560. The 2011 PCPI reflected an increase of 3.9 percent from 2010. The 2010-2011 national change was 4.4 percent. In 2001 the PCPI of Louisiana was $25,275. The 2001-2011 compound annual growth rate of PCPI was 4.3 percent. The compound annual growth rate for the nation was 2.9 percent. | ||||
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In 2011 Louisiana had a total personal income (TPI) of $176,356,255*. In 2001 the TPI of Louisiana was $113,178,055*. *Note: Total personal income estimates are in thousands of dollars, not adjusted for inflation. |
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| Total personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the residents of Louisiana. | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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In 2011, Louisiana current-dollar GDP was $237.4 billion and ranked 23rd in the United States. In 2001, Louisiana GDP was $137.8 billion and ranked 24th in the United States.
In 2011, Louisiana real GDP contracted 2.6 percent; the 2010-2011 national change was 1.6 percent. The 2001-2011 compound annual growth rate for Louisiana real GDP was 1.3 percent; the compound annual growth rate for the nation was 1.4 percent.
In 2011, labor (compensation of employees) accounted for 45.7 percent of Louisiana GDP, and capital (gross operating surplus) accounted for 48.2 percent.* In 2001, labor accounted for 51.8 percent, and capital accounted for 40.7 percent.
In 2011, the largest industry in Louisiana was nondurable goods manufacturing. This industry accounted for 18.6 percent of Louisiana GDP and had a 15.2 percent real decline. The second largest industry was mining, which accounted for 11.0 percent of Louisiana GDP and had a 6.0 percent real decline.
The industry that subtracted the most from real GDP growth in Louisiana was nondurable goods manufacturing. This industry subtracted 3.04 percentage points from the growth rate of real GDP. The second largest industry to subtract from growth was mining. This industry subtracted 0.67 percentage point from the growth rate of real GDP.*
*Note: The industry contributions, or sum thereof, may be larger than 100 percent (and the percentage points larger than the percent change) because growing and declining industries offset one another.
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*The sum of labor and capital is less than 100 percent because the net return to government (taxes on production and imports less subsidies) is not shown.