News Release
State Personal Income Growth: Second Quarter 2001
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STATE PERSONAL INCOME GROWTH:
SECOND QUARTER 2001
SECOND QUARTER 2001
Three western states Nevada, New Mexico, and California and Florida led the nation in personal income growth in the second quarter of 2001, according to estimates released by the U.S. Bureau of Economic Analysis. The growth in these states was fueled by earnings strength in services and in finance, insurance, and real estate.
For the nation, personal income growth slowed to 0.8 percent in the second quarter from 1.4 percent in the first quarter (see table 1). The deceleration in income growth was mainly accounted for by declines in manufacturing, construction, and transportation and public utilities and by slower growth in services and trade. The 0.8-percent growth in U.S. personal income was the smallest growth rate since the first quarter of 1999.
Forty states, accounting for about 70 percent of U.S. personal income, experienced decelerations in personal income growth in the second quarter of 2001. In general, there was a consistent pattern to the slowdown across industries in these states. This pattern included weakness in manufacturing, construction, and transportation and public utilities. Personal income growth was unchanged in Florida and Michigan, and it picked up in California, Colorado, Delaware, the District of Columbia, Idaho, New Jersey, South Dakota, Washington, and Wyoming.
In the second quarter of 2001, prices paid by U.S. consumers (as measured by the price index for personal consumption expenditures) increased 0.3 percent. Forty-seven states and the District of Columbia had growth rates in personal income that were above the 0.3-percent increase in prices; personal income grew 0.3 percent in West Virginia and 0.2 percent in both Iowa and North Dakota (see Slowest growing states section on page 3).
Fastest growing states
Nevada (1.5 percent), New Mexico (1.5 percent), Florida (1.2 percent), and California (1.2 percent) led the nation in personal income growth in the second quarter of 2001. As a group, these states accounted for about 20 percent of U.S. personal income but contributed about 28 percent of the $72 billion U.S. growth.
Compared with first-quarter growth, personal income grew more slowly in Nevada and New Mexico, was unchanged in Florida, and picked up slightly in California in the second quarter.
The growth in personal income in all four states in the second quarter was primarily accounted for by solid growth in net earnings (see table 2). In addition, transfer payments contributed to personal income growth in New Mexico and Florida.
States with the fastest growth in personal income in 2001:II
---------------------------------------------------------------------------------------------------------------------
--------- Personal income ----------------- ------ Type of income ------ ------Percent of------
2000 2001 U.S. Growth in
---------------------- -------------- Dividends, Transfer personal U.S.personal
II III IV I II Net interest, pay- income, income,
earnings & rent ments 2001:II 2001:II
---percent change from previous quarter--- ---percent change, 2001:I-II-- ----------------------
UNITED STATES ... 2.1 1.3 1.6 1.4 0.8 1.0 -0.2 1.5 100.0 100.0
Nevada .......... 2.7 .6 1.5 2.3 1.5 2.1 -.3 1.6 .7 1.3
New Mexico ...... 2.9 .5 1.6 2.0 1.5 1.9 -.2 1.7 .5 .9
Florida ......... 2.2 1.4 2.1 1.2 1.2 1.6 0 1.5 5.4 7.7
California ...... 2.4 2.5 1.3 1.1 1.2 1.4 .1 1.3 13.2 18.4
---------------------------------------------------------------------------------------------------------------------
Note.--Percent changes are expressed at quarterly rates.
By industry, earnings in finance, insurance, and real estate; services; and government were the major contributors to earnings growth in all four states (see table 3). In addition:
- In Nevada, earnings in construction; durable goods manufacturing; and retail trade contributed substantially to earnings growth. Nevada led the nation in earnings growth (2.1 percent) in retail trade.
- In New Mexico, earnings in farms and mining contributed substantially.
- In Florida, earnings in wholesale trade contributed.
Three small states North Dakota (0.2 percent), Iowa (0.2 percent), and West Virginia (0.3 percent) had the slowest growth in personal income in the second quarter of 2001. As a group, these states accounted for about 1.6 percent of U.S. personal income but contributed only about 0.5 percent of the $72 billion U.S. growth.
The slow growth in personal income in all three states was primarily accounted for by weak performance of net earnings.
States with the slowest growth in personal income in 2001:II
---------------------------------------------------------------------------------------------------------------------
--------- Personal income ----------------- ------ Type of income ------ ------Percent of------
2000 2001 U.S. Growth in
---------------------- -------------- Dividends, Transfer personal U.S.personal
II III IV I II Net interest, pay- income, income,
earnings & rent ments 2001:II 2001:II
---percent change from previous quarter--- ---percent change, 2001:I-II-- ----------------------
UNITED STATES ... 2.1 1.3 1.6 1.4 0.8 1.0 -0.2 1.5 100.0 100.0
North Dakota .... 3.4 0 -.6 4.0 .2 .1 -.9 1.8 .2 0
Iowa ............ 2.7 .9 .5 1.4 .2 .3 -.7 1.3 .9 .3
West Virginia ... 2.2 .3 1.9 1.5 .3 .3 -.4 1.0 .5 .2
-------------------------------------------------------------------------------------------------------------------
Note.--Percent changes are expressed at quarterly rates.
By industry, declines in farm earnings were the major contributors to the slow earnings growth in North Dakota and Iowa. In addition:
- In North Dakota, declines in mining; construction; and nondurable goods manufacturing contributed to the slow earnings growth.
- In Iowa, declines in durable goods manufacturing and retail trade contributed.
- In West Virginia, declines in construction; durable goods manufacturing; transportation and public utilities; and retail trade contributed to the slow earnings growth.
Other states
Of the remaining 43 states and the District of Columbia (DC), nine states grew at the national rate of 0.8 percent; 14 states and DC grew slightly faster (between 0.9 percent and 1.1 percent); and 21 states grew slower (between 0.4 percent and 0.7 percent). Most of these 43 states and DC experienced earnings declines in farms; construction; manufacturing; and transportation and public utilities.
- The declines in farm earnings were the most widespread and in some cases fairly large but farm earnings are typically quite volatile.
- For construction, the declines in these states represented a marked change from the relatively strong growth of first quarter, reflecting the continued slowing of the overall economy. Of the 27 states with declines in construction earnings in the second quarter, 20 states had positive earnings growth in the first quarter.
- For manufacturing, weakness exhibited in the first quarter became more widespread: Twenty-nine states experienced declines in manufacturing earnings in the second quarter, more than double the 14 states with declines in the first quarter. Though the declines in most of these 29 states were in durable goods manufacturing, 17 states also experienced declines in nondurable goods manufacturing.
- For transportation and public utilities, of the 19 states with declines, 15 states had had positive growth in the first quarter.
Definitions
Personal income is the income received by all persons from participation in production, from government and business transfer payments, and from government interest. Personal income is the sum of net earnings by place of residence, rental income of persons, personal dividend income, personal interest income, and transfer payments. Net earnings is earnings by place of work the sum of wage and salary disbursements (payrolls), other labor income, and proprietors' income less personal contributions for social insurance, plus an adjustment to convert earnings by place of work to a place-of-residence basis. Personal income is measured before the deduction of personal income taxes and other personal taxes and is reported in current dollars (no adjustment is made for price changes).
The estimate of personal income in the United States is derived as the sum of the state estimates; it differs from the estimate of personal income in the national income and product accounts (NIPA's) because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data.
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Next state personal income release January 24, 2002, at 9:00 AM EST for
State Personal Income, Third Quarter 2001
State Personal Income, Third Quarter 2001
***********************************************************************************************************************************************************
Table 1. -- Personal Income, by State and Region, 2000:I-2001:II
[Millions of dollars, seasonally adjusted at annual rates]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Percent
2000 2001 Percent change from preceding quarter /1/ change
--------------------------------------------- --------------------- ----------------------------------------- 2000:II-
I/r/ II/r/ III/r/ IV/r/ I/r/ II/p/ 2000:III 2000:IV 2001:I 2001:II 2001:II/2/
--------------------------------------------------------------------------------------------------------------------------------------------------------
United States .............. 8,097,740 8,264,219 8,374,722 8,512,567 8,632,966 8,705,009 1.3 1.6 1.4 0.8 5.3
New England
Connecticut ............ 135,970 138,448 140,111 142,690 146,216 147,235 1.2 1.8 2.5 .7 6.3
Maine .................. 31,753 32,364 32,534 32,996 34,070 34,276 .5 1.4 3.3 .6 5.9
Massachusetts .......... 233,514 236,408 241,958 247,074 250,708 253,165 2.3 2.1 1.5 1.0 7.1
New Hampshire .......... 40,073 40,504 41,007 42,165 42,926 43,251 1.2 2.8 1.8 .8 6.8
Rhode Island ........... 30,009 30,360 30,802 31,227 31,912 32,190 1.5 1.4 2.2 .9 6.0
Vermont ................ 15,991 16,433 16,390 16,828 17,252 17,369 -.3 2.7 2.5 .7 5.7
Mideast
Delaware ............... 23,645 24,225 24,616 25,278 25,220 25,483 1.6 2.7 -.2 1.0 5.2
District of Columbia ... 21,382 21,762 21,938 22,594 22,631 22,833 .8 3.0 .2 .9 4.9
Maryland ............... 174,030 176,626 179,562 183,807 187,132 188,705 1.7 2.4 1.8 .8 6.8
New Jersey ............. 301,864 311,145 314,788 323,766 322,635 324,898 1.2 2.9 -.3 .7 4.4
New York ............... 637,015 650,883 658,647 675,787 688,457 695,753 1.2 2.6 1.9 1.1 6.9
Pennsylvania ........... 354,643 360,846 365,038 371,431 378,237 380,549 1.2 1.8 1.8 .6 5.5
Great Lakes
Illinois ............... 387,040 393,233 399,127 405,556 411,316 414,130 1.5 1.6 1.4 .7 5.3
Indiana ................ 160,369 163,277 165,178 165,374 168,359 169,359 1.2 .1 1.8 .6 3.7
Michigan ............... 285,035 288,883 290,572 293,068 295,204 297,261 .6 .9 .7 .7 2.9
Ohio ................... 312,096 316,416 318,662 321,892 325,082 327,289 .7 1.0 1.0 .7 3.4
Wisconsin .............. 147,220 150,318 151,651 154,277 156,683 157,319 .9 1.7 1.6 .4 4.7
Plains
Iowa ................... 75,323 77,340 78,047 78,423 79,509 79,698 .9 .5 1.4 .2 3.0
Kansas ................. 71,638 73,560 75,204 74,915 76,417 77,084 2.2 -.4 2.0 .9 4.8
Minnesota .............. 152,130 156,606 158,854 162,129 164,031 165,333 1.4 2.1 1.2 .8 5.6
Missouri ............... 148,641 151,938 153,613 155,555 157,755 158,909 1.1 1.3 1.4 .7 4.6
Nebraska ............... 46,517 47,339 47,903 47,931 48,244 48,446 1.2 .1 .7 .4 2.3
North Dakota ........... 15,546 16,075 16,069 15,971 16,611 16,636 0 -.6 4.0 .2 3.5
South Dakota ........... 19,194 19,727 19,771 19,943 19,976 20,085 .2 .9 .2 .5 1.8
Southeast
Alabama ................ 102,614 104,586 104,671 106,399 108,042 108,464 .1 1.7 1.5 .4 3.7
Arkansas ............... 58,006 58,635 59,613 59,124 61,089 61,420 1.7 -.8 3.3 .5 4.7
Florida ................ 434,332 444,037 450,034 459,645 465,159 470,691 1.4 2.1 1.2 1.2 6.0
Georgia ................ 222,998 227,472 229,956 234,344 237,212 239,561 1.1 1.9 1.2 1.0 5.3
Kentucky ............... 95,335 96,771 98,117 99,556 101,367 101,872 1.4 1.5 1.8 .5 5.3
Louisiana .............. 101,678 103,199 103,535 104,035 106,298 106,883 .3 .5 2.2 .5 3.6
Mississippi ............ 58,357 59,489 59,766 60,256 61,216 61,523 .5 .8 1.6 .5 3.4
North Carolina ......... 210,878 216,158 218,512 222,497 226,315 227,472 1.1 1.8 1.7 .5 5.2
South Carolina ......... 94,047 96,332 96,910 98,355 100,191 101,054 .6 1.5 1.9 .9 4.9
Tennessee .............. 144,517 147,045 148,763 150,682 153,393 154,843 1.2 1.3 1.8 .9 5.3
Virginia ............... 213,290 219,484 222,274 227,285 230,119 232,111 1.3 2.3 1.2 .9 5.8
West Virginia .......... 38,488 39,343 39,456 40,190 40,777 40,919 .3 1.9 1.5 .3 4.0
Southwest
Arizona ................ 126,892 127,750 129,875 132,013 133,908 135,011 1.7 1.6 1.4 .8 5.7
New Mexico ............. 38,864 39,993 40,197 40,837 41,644 42,260 .5 1.6 2.0 1.5 5.7
Oklahoma ............... 79,413 81,040 82,152 83,611 84,453 85,095 1.4 1.8 1.0 .8 5.0
Texas .................. 565,959 577,766 584,898 594,320 609,407 614,117 1.2 1.6 2.5 .8 6.3
Rocky Mountain
Colorado ............... 133,717 139,522 142,828 145,344 146,076 147,484 2.4 1.8 .5 1.0 5.7
Idaho .................. 29,880 30,684 30,968 31,504 31,747 32,039 .9 1.7 .8 .9 4.4
Montana ................ 19,865 20,312 20,599 20,802 21,094 21,305 1.4 1.0 1.4 1.0 4.9
Utah ................... 51,222 52,306 52,674 53,693 54,670 54,985 .7 1.9 1.8 .6 5.1
Wyoming ................ 13,262 13,472 13,587 13,980 14,010 14,166 .9 2.9 .2 1.1 5.2
Far West
Alaska ................. 18,215 18,499 18,792 18,942 19,260 19,423 1.6 .8 1.7 .8 5.0
California ............. 1,058,595 1,084,057 1,111,223 1,125,205 1,137,376 1,150,660 2.5 1.3 1.1 1.2 6.1
Hawaii ................. 33,068 33,708 33,854 34,473 34,837 35,106 .4 1.8 1.1 .8 4.1
Nevada ................. 58,035 59,631 60,006 60,886 62,286 63,249 .6 1.5 2.3 1.5 6.1
Oregon ................. 92,945 94,638 95,800 96,614 98,194 98,986 1.2 .8 1.6 .8 4.6
Washington ............. 182,632 183,572 183,620 187,297 186,240 187,050 0 2.0 -.6 .4 1.9
BEA regions
New England .............. 487,310 494,517 502,804 512,981 523,084 527,487 1.7 2.0 2.0 .8 6.7
Mideast .................. 1,512,578 1,545,487 1,564,588 1,602,664 1,624,312 1,638,221 1.2 2.4 1.4 .9 6.0
Great Lakes .............. 1,291,760 1,312,127 1,325,189 1,340,167 1,356,644 1,365,359 1.0 1.1 1.2 .6 4.1
Plains ................... 528,989 542,586 549,461 554,867 562,544 566,191 1.3 1.0 1.4 .6 4.4
Southeast ................ 1,774,540 1,812,551 1,831,608 1,862,368 1,891,180 1,906,814 1.1 1.7 1.5 .8 5.2
Southwest ................ 811,128 826,550 837,121 850,780 869,412 876,483 1.3 1.6 2.2 .8 6.0
Rocky Mountain ........... 247,946 256,296 260,656 265,322 267,596 269,979 1.7 1.8 .9 .9 5.3
Far West ................. 1,443,489 1,474,105 1,503,295 1,523,417 1,538,194 1,554,475 2.0 1.3 1.0 1.1 5.5
--------------------------------------------------------------------------------------------------------------------------------------------------------
r Revised.
p Preliminary.
1. Percent changes are expressed at quarterly rates.
2. Percent changes are expressed at annual rates.
Note: Estimates may not add to totals because of rounding.
Source: U.S. Bureau of Economic Analysis
***********************************************************************************************************************************************************
Table 2. -- Personal Income by Component, by State and Region, 2001:I-2001:II
[Seasonally adjusted]
---------------------------------------------------------------------------------------------------------------------------------------------
Percent change Contribution to percent change Dollar change (millions)/2/
in personal income
(percentage points)
----------------------------------- ---------------------------- -------------------------------------
Divi- Divi- Divi-
dends, Trans- Percent dends, Trans- dends, Trans-
Personal Net inter- fer change in Net inter- fer Personal Net inter- fer
income earn- est, pay- personal earn- est, pay- income earn- est, pay-
ings/1/ and ments income ings/1/ and ments ings/1/ and ments
rent rent rent
---------------------------------------------------------------------------------------------------------------------------------------------
United States .............. 0.8 1.0 -0.2 1.5 0.8 0.68 -0.04 0.19 72,043 59,069 -3,352 16,326
New England
Connecticut ............ .7 .8 -.2 1.3 .7 .59 -.03 .14 1,019 865 -50 204
Maine .................. .6 .6 -.1 1.4 .6 .38 -.01 .23 206 131 -4 80
Massachusetts .......... 1.0 1.1 0 1.5 1.0 .81 -.01 .18 2,457 2,036 -19 440
New Hampshire .......... .8 1.0 -.4 1.3 .8 .70 -.07 .13 325 299 -29 56
Rhode Island ........... .9 1.0 -.1 1.3 .9 .68 -.03 .22 278 216 -8 70
Vermont ................ .7 .7 0 1.5 .7 .46 -.01 .22 117 80 -2 38
Mideast
Delaware ............... 1.0 1.4 -.3 1.1 1.0 .96 -.05 .14 263 241 -13 35
District of Columbia ... .9 1.3 -.4 .9 .9 .86 -.08 .11 202 195 -18 25
Maryland ............... .8 1.0 0 1.5 .8 .70 0 .15 1,573 1,301 -1 273
New Jersey ............. .7 .8 -.1 1.1 .7 .61 -.02 .12 2,263 1,962 -78 379
New York ............... 1.1 1.3 -.1 1.2 1.1 .89 -.02 .19 7,296 6,143 -146 1,299
Pennsylvania ........... .6 .7 -.4 1.2 .6 .49 -.08 .20 2,312 1,848 -286 750
Great Lakes
Illinois ............... .7 .9 -.2 1.1 .7 .60 -.04 .13 2,814 2,452 -164 528
Indiana ................ .6 .6 -.1 1.6 .6 .40 -.02 .22 1,000 666 -30 363
Michigan ............... .7 .7 -.1 1.5 .7 .51 -.02 .20 2,057 1,515 -49 592
Ohio ................... .7 .8 -.3 1.3 .7 .53 -.05 .19 2,207 1,738 -153 623
Wisconsin .............. .4 .4 -.3 1.6 .4 .26 -.06 .20 636 413 -92 315
Plains
Iowa ................... .2 .3 -.7 1.3 .2 .19 -.13 .18 189 148 -107 147
Kansas ................. .9 1.2 -.3 1.1 .9 .80 -.07 .14 667 612 -50 105
Minnesota .............. .8 .9 -.2 1.9 .8 .63 -.03 .20 1,302 1,031 -56 326
Missouri ............... .7 .8 -.3 1.5 .7 .56 -.06 .23 1,154 882 -90 362
Nebraska ............... .4 .5 -.5 1.7 .4 .31 -.10 .21 202 148 -50 104
North Dakota ........... .2 .1 -.9 1.8 .2 .05 -.19 .29 25 9 -32 47
South Dakota ........... .5 .7 -.5 1.4 .5 .47 -.12 .20 109 93 -25 40
Southeast
Alabama ................ .4 .2 -.1 1.6 .4 .15 -.03 .27 422 157 -27 292
Arkansas ............... .5 .6 -.3 1.3 .5 .36 -.06 .24 331 220 -35 146
Florida ................ 1.2 1.6 0 1.5 1.2 .97 -.01 .23 5,532 4,516 -36 1,052
Georgia ................ 1.0 1.0 .2 1.8 1.0 .76 .03 .20 2,349 1,798 75 476
Kentucky ............... .5 .4 -.2 1.6 .5 .25 -.03 .28 505 252 -31 284
Louisiana .............. .5 .9 -.8 .5 .5 .59 -.13 .09 585 624 -139 98
Mississippi ............ .5 .4 -.3 1.6 .5 .23 -.05 .32 307 144 -31 196
North Carolina ......... .5 .4 -.2 2.2 .5 .26 -.04 .29 1,157 590 -95 662
South Carolina ......... .9 .9 -.1 2.0 .9 .57 -.01 .31 863 569 -13 306
Tennessee .............. .9 1.1 -.5 1.7 .9 .74 -.08 .28 1,450 1,133 -118 434
Virginia ............... .9 1.0 -.1 1.7 .9 .73 -.03 .16 1,992 1,677 -58 374
West Virginia .......... .3 .3 -.4 1.0 .3 .19 -.08 .24 142 76 -31 97
Southwest
Arizona ................ .8 .9 0 1.7 .8 .59 0 .23 1,103 795 5 303
New Mexico ............. 1.5 1.9 -.2 1.7 1.5 1.24 -.03 .27 616 515 -12 113
Oklahoma ............... .8 .8 0 1.4 .8 .54 0 .22 642 454 2 186
Texas .................. .8 1.1 -1.4 1.7 .8 .78 -.20 .19 4,710 4,770 -1,223 1,161
Rocky Mountain
Colorado ............... 1.0 1.1 -.1 1.7 1.0 .83 -.01 .15 1,408 1,211 -21 218
Idaho .................. .9 1.1 -.2 1.8 .9 .73 -.04 .23 292 232 -14 74
Montana ................ 1.0 1.6 -.6 1.0 1.0 .97 -.14 .17 211 203 -29 36
Utah ................... .6 .6 -.1 1.8 .6 .41 -.01 .18 315 223 -7 100
Wyoming ................ 1.1 1.6 0 1.1 1.1 .98 .01 .13 156 137 1 18
Far West
Alaska ................. .8 1.1 -.2 .9 .8 .73 -.03 .15 163 141 -6 28
California ............. 1.2 1.4 .1 1.3 1.2 1.00 .02 .15 13,284 11,338 271 1,675
Hawaii ................. .8 .9 -.1 1.1 .8 .65 -.02 .14 269 228 -7 48
Nevada ................. 1.5 2.1 -.3 1.6 1.5 1.44 -.06 .17 963 895 -38 105
Oregon ................. .8 1.0 -.4 1.7 .8 .65 -.08 .23 792 641 -74 226
Washington ............. .4 .4 -.3 1.8 .4 .27 -.06 .22 810 504 -108 415
BEA regions
New England .............. .8 1.0 -.1 1.4 .8 .69 -.02 .17 4,403 3,628 -112 887
Mideast .................. .9 1.0 -.2 1.2 .9 .72 -.03 .17 13,909 11,690 -542 2,761
Great Lakes .............. .6 .7 -.2 1.4 .6 .50 -.04 .18 8,715 6,783 -490 2,421
Plains ................... .6 .8 -.4 1.5 .6 .52 -.07 .20 3,647 2,924 -409 1,132
Southeast ................ .8 .9 -.1 1.6 .8 .62 -.03 .23 15,634 11,756 -541 4,419
Southwest ................ .8 1.0 -.9 1.7 .8 .75 -.14 .20 7,071 6,535 -1,227 1,764
Rocky Mountain ........... .9 1.0 -.1 1.6 .9 .75 -.03 .17 2,383 2,006 -68 446
Far West ................. 1.1 1.3 0 1.4 1.1 .89 0 .16 16,281 13,747 37 2,496
---------------------------------------------------------------------------------------------------------------------------------------------
1. Net earnings is earnings by place of work-the sum of wage and salary disbursements (payrolls), other labor income, and proprietors'
income-less personal contributions for social insurance plus an adjustment to convert earnings by place of work to a place-of-residence basis.
2. Dollar changes are expressed at annual rates.
Note: Estimates may not add to totals because of rounding.
Source: U.S. Bureau of Economic Analysis
***********************************************************************************************************************************************************
Table 3. -- Earnings by Major Industry, by State and Region, 2001:I-2001:II
[Seasonally adjusted]
---------------------------------------------------------------------------------------------------------------------------------------------------
Percent change
-----------------------------------------------------------------------------------------------------------------------
Earnings by industry
Earnings ------------------------------------------------------------------------------------------------------------
by place Non- Finance,
of work Durable durable Transpor- Whole- insur-
Con- goods goods tation sale Retail ance, Govern-
Farms Mining struction manu- manu- and public trade trade and real Services ment
facturing facturing utilities estate
----------------------------------------------------------------------------------------------------------------------------------------------------
United States .............. 1.0 -1.0 2.7 -0.1 -0.6 -0.1 -0.1 0.6 0.8 2.7 1.5 1.3
New England
Connecticut ............ .8 -.5 1.3 .1 -1.2 1.1 -4.4 -.3 1.7 2.8 1.2 1.1
Maine .................. .7 1.5 3.3 1.2 -2.8 -.6 .7 -1.4 .7 1.2 1.4 1.5
Massachusetts .......... 1.1 2.2 6.3 1.4 -1.9 1.2 .2 .6 1.1 3.0 1.5 1.0
New Hampshire .......... .9 3.8 3.7 -.4 -2.0 .9 0 2.8 1.3 2.5 1.8 1.2
Rhode Island ........... 1.0 -.3 13.2 1.7 -.9 -1.6 .7 2.0 -.1 2.6 1.6 1.0
Vermont ................ .7 2.1 3.8 .4 -.8 -.4 -.1 .5 .9 2.5 1.2 .7
Mideast
Delaware ............... 1.5 -4.2 /1/ -1.3 18.9 2.0 .5 -3.5 .9 1.6 .4 1.1
District of Columbia ... 1.4 --- /1/ -1.3 .7 1.5 -.3 1.5 .3 3.0 2.0 .6
Maryland ............... .9 -3.5 1.7 -.4 1.1 -.7 .6 1.1 -.3 2.9 1.3 .6
New Jersey ............. .8 -1.1 3.9 -.9 -.4 -1.8 .5 0 .6 2.5 1.4 1.4
New York ............... 1.3 2.7 4.7 -.1 -.3 .7 .2 .3 .6 2.2 1.5 1.6
Pennsylvania ........... .7 5.3 2.7 -.4 -1.2 -.7 -.5 1.1 .5 2.4 1.3 1.3
Great Lakes
Illinois ............... .8 -8.0 3.7 .7 .2 -.2 .2 -.4 .7 2.5 1.0 1.4
Indiana ................ .6 -8.5 2.7 -1.7 .3 2.1 -4.8 -.2 .5 2.1 1.7 1.7
Michigan ............... .7 -.8 -1.0 -.2 -.2 .3 -.1 .3 0 2.9 1.1 2.2
Ohio ................... .8 -.8 2.5 -1.3 1.4 .3 -2.5 .4 .6 2.5 1.3 .9
Wisconsin .............. .3 -3.2 -4.4 -2.2 -2.6 -.2 1.1 -.1 .4 2.9 1.4 2.1
Plains
Iowa ................... .2 -1.5 -1.7 .2 -2.4 1.2 .4 .5 -.1 2.6 .6 .5
Kansas ................. 1.3 -17.6 4.9 4.4 .5 .1 1.7 .6 1.5 3.0 1.5 1.2
Minnesota .............. .9 -4.1 -4.0 1.9 -1.3 -1.9 .1 1.2 .8 2.9 1.7 1.5
Missouri ............... .8 .7 -2.9 -.2 3.9 -2.1 -.2 0 .1 2.9 .7 .9
Nebraska ............... .5 -10.2 1.6 -.9 -.7 .7 .5 -.4 .1 2.0 1.1 1.6
North Dakota ........... .1 -5.8 -.6 -1.5 0 -2.1 .5 .6 .3 2.1 1.1 .5
South Dakota ........... .7 -3.9 24.2 .2 -1.5 .4 1.1 -.6 1.3 4.5 1.5 1.1
Southeast
Alabama ................ .2 -8.4 4.0 -1.4 -.7 -.5 -.5 -.7 .2 2.5 1.0 .7
Arkansas ............... .5 -2.0 4.6 -.2 -1.5 1.6 .7 1.4 -.7 2.6 1.0 1.1
Florida ................ 1.6 -6.1 /1/ -.1 1.1 -.4 .7 1.9 1.3 3.5 2.2 1.4
Georgia ................ 1.0 -2.3 4.0 -1.4 3.8 -3.7 -.1 1.7 1.3 2.9 1.3 2.0
Kentucky ............... .3 4.4 4.8 -3.4 -.4 -1.7 -2.3 1.9 .2 2.1 1.2 .7
Louisiana .............. .9 -.8 5.0 -1.8 2.2 2.0 0 1.1 -.1 2.1 .8 .6
Mississippi ............ .3 -2.5 7.3 1.6 -1.4 -.2 -5.6 -.4 .4 1.9 1.5 1.1
North Carolina ......... .4 -6.6 3.8 .1 -1.6 -1.7 -2.3 1.4 1.5 2.2 1.8 .7
South Carolina ......... .8 -1.4 3.9 -.5 .6 .7 -.2 .7 .7 2.4 1.2 1.1
Tennessee .............. 1.1 1.7 1.6 -1.2 -.3 0 .5 .7 1.1 2.8 2.1 1.3
Virginia ............... .9 -.6 3.7 1.0 -.8 .5 .4 .8 1.1 2.7 1.3 .4
West Virginia .......... .2 15.1 4.0 -3.6 -1.8 3.2 -4.5 .9 -.1 3.0 1.0 .2
Southwest
Arizona ................ .8 -9.9 2.3 .6 -.5 .7 0 -.5 1.6 3.5 .4 1.9
New Mexico ............. 1.9 6.2 6.0 -.4 .8 -2.0 1.0 .1 1.0 2.7 2.6 2.1
Oklahoma ............... .8 -4.8 4.2 1.6 -3.2 1.5 .8 -6.7 1.0 2.6 2.3 1.1
Texas .................. 1.0 -9.3 2.6 1.3 -.8 -.8 1.0 .6 0 3.4 1.6 .9
Rocky Mountain
Colorado ............... 1.1 -2.2 -8.1 -.4 -3.4 1.5 .4 3.0 2.0 2.0 2.6 .3
Idaho .................. 1.0 5.2 2.2 2.3 -2.6 -1.6 -4.3 .2 1.6 2.6 2.7 1.6
Montana ................ 1.5 48.0 -.4 0 -.1 -5.3 1.7 -.1 .7 3.1 2.1 -.1
Utah ................... .5 -.5 3.6 -3.8 -1.8 -1.3 -3.0 1.0 .7 2.7 2.0 1.6
Wyoming ................ 1.6 -1.1 4.8 -.7 -.3 2.1 2.1 2.1 1.6 3.5 .7 .6
Far West
Alaska ................. 1.1 -2.6 5.9 -.5 -17.6 -5.7 .1 .7 1.0 2.1 2.2 1.0
California ............. 1.4 8.0 2.7 .8 -1.4 1.5 .6 1.4 1.3 3.0 1.6 1.8
Hawaii ................. .9 4.3 3.6 -1.1 1.0 3.9 -.3 1.3 1.2 2.6 1.1 .6
Nevada ................. 2.1 2.4 1.9 1.6 3.4 -5.9 -.2 2.0 2.1 4.0 2.1 2.5
Oregon ................. 1.0 4.6 -.7 -4.5 3.7 .5 -.8 -1.2 .9 2.7 1.1 1.2
Washington ............. .3 4.6 2.8 -.9 -5.7 .5 -.1 -.3 .5 3.0 1.6 1.6
BEA regions
New England .............. 1.0 1.1 3.6 .9 -1.6 .8 -1.1 .6 1.2 2.8 1.4 1.1
Mideast .................. 1.0 2.1 3.1 -.4 -.3 -.4 .1 .4 .5 2.3 1.4 1.3
Great Lakes .............. .7 -4.8 1.8 -.6 0 .3 -1.0 0 .5 2.5 1.2 1.6
Plains ................... .8 -5.1 .6 1.0 .1 -1.0 .4 .5 .5 2.8 1.2 1.1
Southeast ................ .9 -3.5 4.5 -.6 .1 -.7 -.4 1.3 .9 2.8 1.6 1.0
Southwest ................ 1.0 -7.0 2.9 1.1 -.9 -.4 .9 -.1 .4 3.3 1.5 1.2
Rocky Mountain ........... 1.0 6.3 -1.6 -.8 -2.7 .1 -.5 2.1 1.5 2.3 2.4 .8
Far West ................. 1.2 7.1 3.2 .2 -1.5 1.1 .4 1.0 1.2 3.0 1.6 1.7
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1. Data are suppressed to avoid disclosure of confidential information.
Source: U.S. Bureau of Economic Analysis
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Table 4. -- Contribution to Percent Change in Earnings, by State and Region, 2001:I-2001:II
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Percentage points
---------------------------------------------------------------------------------------------------------------------
Earnings by industry
Earnings ---------------------------------------------------------------------------------------------------------
by place Non- Finance,
of work Durable durable Transpor- Whole- insur-
Con- goods goods tation sale Retail ance, Govern-
Farms Mining struction manu- manu- and public trade trade and real services ment
facturing facturing utilities estate
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United States .............. 1.0 -0.01 0.02 0.00 -0.05 -0.01 0.00 0.04 0.07 0.25 0.44 0.19
New England
Connecticut ............ .8 0 0 .01 -.15 .06 -.23 -.02 .13 .47 .34 .13
Maine .................. .7 .01 0 .09 -.23 -.04 .04 -.07 .09 .08 .40 .27
Massachusetts .......... 1.1 0 0 .08 -.20 .05 .01 .04 .09 .37 .54 .11
New Hampshire .......... .9 .01 0 -.03 -.33 .05 0 .22 .15 .17 .51 .13
Rhode Island ........... 1.0 0 .01 .09 -.10 -.08 .04 .10 -.01 .21 .53 .19
Vermont ................ .7 .03 .01 .03 -.13 -.02 0 .03 .09 .13 .36 .11
Mideast
Delaware ............... 1.5 -.03 /1/ -.08 .85 .30 .02 -.17 .07 .25 .10 .14
District of Columbia ... 1.4 --- /1/ -.01 0 .03 -.01 .01 .01 .18 .85 .24
Maryland ............... .9 -.01 0 -.03 .05 -.02 .03 .06 -.02 .22 .44 .13
New Jersey ............. .8 0 .01 -.04 -.02 -.16 .04 0 .05 .25 .44 .19
New York ............... 1.3 0 0 0 -.02 .03 .01 .02 .04 .52 .46 .21
Pennsylvania ........... .7 .02 .02 -.03 -.13 -.06 -.03 .06 .04 .21 .40 .17
Great Lakes
Illinois ............... .8 -.03 .01 .04 .02 -.01 .02 -.03 .05 .25 .31 .18
Indiana ................ .6 -.05 .01 -.11 .05 .16 -.31 -.01 .04 .13 .40 .22
Michigan ............... .7 0 0 -.01 -.05 .02 -.01 .02 0 .16 .30 .29
Ohio ................... .8 0 .01 -.07 .23 .02 -.14 .02 .06 .17 .35 .13
Wisconsin .............. .3 -.02 -.01 -.15 -.41 -.02 .07 0 .03 .19 .35 .29
Plains
Iowa ................... .2 -.05 0 .01 -.30 .09 .03 .04 -.01 .20 .13 .08
Kansas ................. 1.3 -.23 .05 .26 .06 0 .16 .04 .14 .19 .36 .21
Minnesota .............. .9 -.04 -.01 .12 -.15 -.14 0 .09 .07 .27 .46 .19
Missouri ............... .8 0 -.01 -.02 .36 -.14 -.02 0 .01 .23 .21 .13
Nebraska ............... .5 -.26 0 -.05 -.05 .05 .05 -.02 .01 .15 .29 .27
North Dakota ........... .1 -.38 -.01 -.09 0 -.06 .04 .04 .03 .12 .26 .09
South Dakota ........... .7 -.30 .08 .02 -.13 .01 .07 -.04 .13 .34 .34 .21
Southeast
Alabama ................ .2 -.12 .03 -.09 -.07 -.04 -.04 -.04 .02 .13 .23 .14
Arkansas ............... .5 -.06 .03 -.01 -.17 .15 .06 .07 -.08 .12 .21 .17
Florida ................ 1.6 -.07 /1/ 0 .05 -.01 .04 .12 .14 .32 .76 .22
Georgia ................ 1.0 -.02 .01 -.09 .25 -.27 -.01 .15 .12 .22 .36 .30
Kentucky ............... .3 .11 .08 -.21 -.06 -.12 -.18 .11 .02 .11 .28 .12
Louisiana .............. .9 0 .24 -.13 .12 .15 0 .06 -.01 .11 .21 .11
Mississippi ............ .3 -.04 .06 .09 -.17 -.01 -.39 -.02 .04 .09 .35 .24
North Carolina ......... .4 -.14 .01 0 -.17 -.16 -.14 .08 .14 .16 .45 .11
South Carolina ......... .8 -.01 0 -.04 .06 .08 -.02 .04 .08 .14 .27 .21
Tennessee .............. 1.1 0 0 -.07 -.03 0 .04 .05 .11 .19 .59 .17
Virginia ............... .9 0 .02 .07 -.04 .03 .03 .04 .08 .19 .43 .08
West Virginia .......... .2 .02 .23 -.22 -.14 .20 -.35 .04 -.01 .12 .27 .05
Southwest
Arizona ................ .8 -.08 .01 .04 -.06 .02 0 -.03 .17 .33 .11 .29
New Mexico ............. 1.9 .12 .19 -.03 .04 -.04 .06 0 .11 .13 .72 .55
Oklahoma ............... .8 -.06 .23 .08 -.28 .10 .06 -.36 .09 .13 .54 .22
Texas .................. 1.0 -.06 .13 .08 -.07 -.04 .09 .04 0 .26 .45 .13
Rocky Mountain
Colorado ............... 1.1 -.01 -.13 -.04 -.24 .05 .04 .18 .17 .19 .81 .04
Idaho .................. 1.0 .24 .02 .20 -.31 -.07 -.30 .01 .15 .13 .63 .29
Montana ................ 1.5 .69 -.01 0 0 -.13 .12 -.01 .07 .18 .58 -.03
Utah ................... .5 0 .04 -.29 -.17 -.05 -.23 .06 .07 .20 .58 .30
Wyoming ................ 1.6 -.01 .68 -.06 -.01 .07 .18 .08 .15 .17 .15 .15
Far West
Alaska ................. 1.1 0 .41 -.04 -.21 -.15 .01 .02 .09 .08 .49 .32
California ............. 1.4 .08 .01 .05 -.15 .06 .04 .08 .11 .27 .54 .26
Hawaii ................. .9 .04 0 -.07 .01 .09 -.03 .05 .13 .20 .32 .17
Nevada ................. 2.1 .01 .03 .16 .11 -.09 -.01 .09 .20 .36 .83 .35
Oregon ................. 1.0 .05 0 -.33 .55 .02 -.05 -.08 .08 .17 .30 .19
Washington ............. .3 .05 0 -.06 -.67 .02 0 -.02 .05 .20 .46 .27
BEA regions
New England .............. 1.0 0 0 .05 -.19 .04 -.05 .03 .10 .35 .47 .13
Mideast .................. 1.0 0 .01 -.02 -.02 -.02 .01 .02 .03 .35 .45 .19
Great Lakes .............. .7 -.02 0 -.04 .01 .02 -.06 0 .04 .19 .33 .21
Plains ................... .8 -.09 0 .06 .01 -.07 .03 .04 .05 .23 .31 .17
Southeast ................ .9 -.04 .03 -.04 .01 -.05 -.03 .08 .09 .20 .46 .18
Southwest ................ 1.0 -.05 .12 .07 -.08 -.02 .08 -.01 .04 .25 .42 .18
Rocky Mountain ........... 1.0 .07 -.03 -.06 -.21 0 -.04 .12 .14 .18 .70 .12
Far West ................. 1.2 .07 .01 .01 -.15 .04 .02 .06 .11 .25 .52 .26
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1. Data are suppressed to avoid disclosure of confidential information.
Source: U.S. Bureau of Economic Analysis