News Release
State Personal Income: Third Quarter 2001
| Andy Bernat: | (202) | 6069235 | (Analysis) | BEA 0201 |
| Marian Sacks: | 6069274 | (Estimates) | ||
| Data requests: | 6065360 | (Regional Economic Information System) | ||
| E-mail inquiries: | RegRelease@bea.gov |
Most states experienced weak personal income growth in the third quarter of 2001, primarily reflecting the continued slowing of personal income since late 2000 and the effects of the terrorist attacks of September 11 (see box for details), according to the Bureau of Economic Analysis of the U.S. Department of Commerce.
In thirty-three states, personal income increased less than 1.0 percent (table 1). Personal income decreased slightly in Washington and Delaware and increased only 1.4 percent in Iowa, the fastest growing state. As a result, the difference between the growth rates in the fastest and slowest growing states was 1.6 percentage points the smallest in 20 years.
Personal income growth decelerated in 28 states and the District of Columbia, following weak second-quarter growth. In 19 other states, personal income growth accelerated slightly.
The contribution of the three major components to third-quarter growth varied among states, but differences in growth rates among states were due largely to differences in growth of net earnings because net earnings accounts for at least 60 percent of personal income in every state (table 2). Thirty-four states experienced modest growth in dividends, interest, and rent, in contrast to the second quarter when only Georgia and California experienced such growth. The growth rate of dividends, interest, and rent exceeded that of total personal income in five states (Texas, Louisiana, Georgia, Delaware, and Washington). Transfer payments increased in all states, but growth in transfers had a relatively minor effect on personal income growth.
States with the slowest growth in personal income
In the third quarter of 2001, the six states with the slowest growth in personal income were Washington (-0.2 percent), Delaware (-0.1 percent), Nevada (0.1 percent), Connecticut (0.2 percent), New Jersey (0.2 percent), and Michigan (0.2 percent). As a group, these six states accounted for 12.1 percent of U.S. personal income and contributed only 2.5 percent of the $56.4 billion of U.S. growth.
States with the slowest growth in personal income in 2001:III
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----------- Personal income ---------------- -----------Type of income------------- ------- Percent of --------
2000 2001
------ --------------------------------- U.S. Growth in
IV I II III Dividends, Transfer Personal U.S. personal
Net interest, pay- income, income,
earnings & rent ments 2001:III 2001:III
--- percent change from previous quarter --- ---percent change, 2001:II-2001:III--- ---------------------------
UNITED STATES ... 1.6 1.4 0.8 0.6 0.6 0.2 1.7 100 100
Washington ...... 2.0 -0.6 4.1 -0.2 -0.6 0 2.1 2.2 -0.6
Delaware ........ 2.7 -0.2 2.3 -0.1 -0.4 0 1.6 0.3 0
Nevada .......... 1.5 2.3 1.9 0.1 -0.1 0 2.3 0.7 0.1
Connecticut ..... 1.8 2.4 0.3 0.2 0 0 1.7 1.7 0.5
New Jersey ...... 2.9 -0.2 1.1 0.2 0 0.1 1.7 3.7 1.3
Michigan ........ 0.9 0.6 1.4 0.2 0 0.1 1.3 3.4 1.2
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Note.-- Percent changes are expressed at quarterly rates.
By industry, the major contributors to the relatively slow growth in earnings by place of work in the slowest-growing states were:
- In Washington, services (primarily software-related) contributed the most to the decline in earnings, as growth returned to a more normal rate of increase after unusually large lump-sum payments boosted growth in the second quarter.
- In Delaware, earnings in construction, nondurables manufacturing (primarily chemicals) and in durables manufacturing (primarily automobiles) contributed the most to the decline in earnings.
- In Nevada, earnings growth in most industries were below the national average, with transportation and public utilities and construction contributing the most to weak earnings growth.
- In Connecticut, earnings in construction and durables manufacturing contributed to weak earnings growth.
- In New Jersey, earnings growth in most industries was below average, with construction and manufacturing (primarily nondurables) contributing the most to weak earnings growth.
- In Michigan, earnings in manufacturing (primarily durables) and construction contributed the most to weak earnings growth.
States with the fastest growth in personal income
In the third quarter of 2001, the five states with the fastest growth in personal income were Iowa (1.4 percent), Nebraska (1.3 percent), Maine (1.3 percent), Wyoming (1.3 percent), and New Mexico (1.3 percent). As is frequently the case, the fastest growing states were relatively small, accounting for 2.5 percent of U.S. personal income, and contributing 5.2 percent of the $56.4 billion of U.S. growth.
States with the fastest growth in personal income in 2001:III
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----------- Personal income ---------------- -----------Type of income------------- ------- Percent of --------
2000 2001
------ --------------------------------- U.S. Growth in
IV I II III Dividends, Transfer Personal U.S. personal
Net interest, pay- income, income,
earnings & rent ments 2001:III 2001:III
--- percent change from previous quarter --- ---percent change, 2001:II-2001:III--- ---------------------------
UNITED STATES ... 1.6 1.4 0.8 0.6 0.6 0.2 1.7 100 100
Iowa............. 0.5 1.5 0.8 1.4 1.8 0 1.6 0.9 2.0
Nebraska ........ 0.1 0.5 1.1 1.3 1.6 0.1 1.9 0.6 1.1
Maine ........... 1.4 3.2 0.7 1.3 1.4 0.1 1.8 0.4 0.8
Wyoming ......... 2.9 0.2 2.1 1.3 1.5 0.4 1.6 0.2 0.3
New Mexico....... 1.6 1.9 1.7 1.3 1.4 0.1 2.1 0.5 0.9
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Note.-- Percent changes are expressed at quarterly rates.
By industry, the major contributors to earnings by place of work in the fastest-growing states were:
- In Iowa, earnings grew faster than average in most industries, with services and farms making the largest contributions to earnings growth.
- In Nebraska, services and nondurables manufacturing contributed the most to earnings growth.
- In Maine, government and services contributed the most to earnings growth.
- In Wyoming, government and construction contributed the most to earnings growth.
- In New Mexico, services, government, and farms contributed the most to earnings growth.
Adjustments to State Personal Income for the September 11th Terrorist Attacks
The third-quarter 2001 estimates of state personal income include effects of the terrorist attacks on the World Trade Center and on the Pentagon on September 11, 2001. Most of the effects of disasters on personal income are reflected in the usual source data. For certain components, however, BEA prepares adjustments to account for effects not captured in the source data.
The estimates of wages and salaries in state personal income were adjusted because the regular source data on employment, hours, and earnings are from the Bureau of Labor Statistics (BLS) monthly employment survey, which covers the mid-month pay period; thus for September, these data did not fully reflect the changes to labor markets following the September 11 attacks. BEA's adjustments to national wages reflected decreased hours due to work interruptions, decreased employment due to layoffs, and increased hours due to overtime work. The effect of the adjustments made by BEA was to lower the national estimates of private wages and salaries for September by $3.3 billion and to raise government wages and salaries by $0.9 billion. By state, the largest downward adjustments to private wages and salaries were to New York ($1.0 billion), New Jersey ($0.4 billion), Virginia ($0.2 billion), and Maryland ($0.2 billion). The largest upward adjustments to government wages and salaries were to the same four states New York ($0.4 billion), New Jersey ($0.1 billion), Virginia ($0.1 billion), and Maryland ($0.1 billion).
In April, BEA will revise these third-quarter state estimates to incorporate more comprehensive BLS tabulations of wages and salaries of employees. These tabulations will capture more fully the effects of the attacks, so the explicit state adjustments made here will be removed.
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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Table 1. -- Personal Income, by State and Region, 2000:II-2001:III
[Millions of dollars, seasonally adjusted at annual rates]
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Percent
2000 2001 Percent change from preceding quarter/1/ change
------------------------------- ------------------------------- --------------------------------------- 2000:III-
II III IV I/r/ II/r/ III/p/ 2000:IV 2001:I 2001:II 2001:III 2001:III/2/
--------------------------------------------------------------------------------------------- ----------------------------------------------------
United States .............. 8,264,219 8,374,722 8,512,567 8,632,966 8,705,018 8,761,374 1.6 1.4 0.8 0.6 4.6
New England
Connecticut ............ 138,448 140,111 142,690 146,083 146,503 146,760 1.8 2.4 .3 .2 4.7
Maine .................. 32,364 32,534 32,996 34,039 34,266 34,701 1.4 3.2 .7 1.3 6.7
Massachusetts .......... 236,408 241,958 247,074 250,894 250,462 252,183 2.1 1.5 -.2 .7 4.2
New Hampshire .......... 40,504 41,007 42,165 42,944 43,102 43,389 2.8 1.8 .4 .7 5.8
Rhode Island ........... 30,360 30,802 31,227 31,881 31,878 32,146 1.4 2.1 0 .8 4.4
Vermont ................ 16,433 16,390 16,828 17,242 17,434 17,565 2.7 2.5 1.1 .8 7.2
Mideast
Delaware ............... 24,225 24,616 25,278 25,240 25,814 25,789 2.7 -.2 2.3 -.1 4.8
District of Columbia ... 21,762 21,938 22,594 22,655 23,077 23,314 3.0 .3 1.9 1.0 6.3
Maryland ............... 176,626 179,562 183,807 187,403 189,598 191,479 2.4 2.0 1.2 1.0 6.6
New Jersey ............. 311,145 314,788 323,766 323,003 326,402 327,139 2.9 -.2 1.1 .2 3.9
New York ............... 650,883 658,647 675,787 688,745 683,299 686,047 2.6 1.9 -.8 .4 4.2
Pennsylvania ........... 360,846 365,038 371,431 378,116 380,337 381,855 1.8 1.8 .6 .4 4.6
Great Lakes
Illinois ............... 393,233 399,127 405,556 411,517 411,726 412,980 1.6 1.5 .1 .3 3.5
Indiana ................ 163,277 165,178 165,374 168,247 169,182 170,160 .1 1.7 .6 .6 3.0
Michigan ............... 288,883 290,572 293,068 294,691 298,708 299,395 .9 .6 1.4 .2 3.0
Ohio ................... 316,416 318,662 321,892 324,581 329,798 331,981 1.0 .8 1.6 .7 4.2
Wisconsin .............. 150,318 151,651 154,277 156,807 157,918 159,449 1.7 1.6 .7 1.0 5.1
Plains
Iowa ................... 77,340 78,047 78,423 79,567 80,242 81,375 .5 1.5 .8 1.4 4.3
Kansas ................. 73,560 75,204 74,915 76,473 76,775 77,553 -.4 2.1 .4 1.0 3.1
Minnesota .............. 156,606 158,854 162,129 164,137 165,310 165,897 2.1 1.2 .7 .4 4.4
Missouri ............... 151,938 153,613 155,555 157,789 158,917 159,466 1.3 1.4 .7 .3 3.8
Nebraska ............... 47,339 47,903 47,931 48,183 48,693 49,322 .1 .5 1.1 1.3 3.0
North Dakota ........... 16,075 16,069 15,971 16,575 16,550 16,750 -.6 3.8 -.1 1.2 4.2
South Dakota ........... 19,727 19,771 19,943 19,935 20,280 20,442 .9 0 1.7 .8 3.4
Southeast
Alabama ................ 104,586 104,671 106,399 108,054 109,488 110,137 1.7 1.6 1.3 .6 5.2
Arkansas ............... 58,635 59,613 59,124 61,067 61,393 62,040 -.8 3.3 .5 1.1 4.1
Florida ................ 444,037 450,034 459,645 464,610 473,008 477,718 2.1 1.1 1.8 1.0 6.2
Georgia ................ 227,472 229,956 234,344 237,453 240,626 241,245 1.9 1.3 1.3 .3 4.9
Kentucky ............... 96,771 98,117 99,556 101,257 102,038 102,868 1.5 1.7 .8 .8 4.8
Louisiana .............. 103,199 103,535 104,035 106,375 107,447 108,190 .5 2.2 1.0 .7 4.5
Mississippi ............ 59,489 59,766 60,256 61,229 61,646 62,138 .8 1.6 .7 .8 4.0
North Carolina ......... 216,158 218,512 222,497 226,150 227,539 230,119 1.8 1.6 .6 1.1 5.3
South Carolina ......... 96,332 96,910 98,355 100,241 100,494 100,930 1.5 1.9 .3 .4 4.1
Tennessee .............. 147,045 148,763 150,682 153,172 154,846 156,294 1.3 1.7 1.1 .9 5.1
Virginia ............... 219,484 222,274 227,285 230,004 236,014 238,217 2.3 1.2 2.6 .9 7.2
West Virginia .......... 39,343 39,456 40,190 40,782 41,338 41,505 1.9 1.5 1.4 .4 5.2
Southwest
Arizona ................ 127,750 129,875 132,013 133,876 136,136 137,447 1.6 1.4 1.7 1.0 5.8
New Mexico ............. 39,993 40,197 40,837 41,597 42,309 42,840 1.6 1.9 1.7 1.3 6.6
Oklahoma ............... 81,040 82,152 83,611 84,735 85,271 86,315 1.8 1.3 .6 1.2 5.1
Texas .................. 577,766 584,898 594,320 610,544 610,998 616,997 1.6 2.7 .1 1.0 5.5
Rocky Mountain
Colorado ............... 139,522 142,828 145,344 146,053 147,489 148,321 1.8 .5 1.0 .6 3.8
Idaho .................. 30,684 30,968 31,504 31,707 32,411 32,697 1.7 .6 2.2 .9 5.6
Montana ................ 20,312 20,599 20,802 21,067 21,472 21,692 1.0 1.3 1.9 1.0 5.3
Utah ................... 52,306 52,674 53,693 54,531 55,608 55,962 1.9 1.6 2.0 .6 6.2
Wyoming ................ 13,472 13,587 13,980 14,013 14,303 14,482 2.9 .2 2.1 1.3 6.6
Far West
Alaska ................. 18,499 18,792 18,942 19,260 19,714 19,918 .8 1.7 2.4 1.0 6.0
California ............. 1,084,057 1,111,223 1,125,205 1,136,908 1,146,471 1,155,104 1.3 1.0 .8 .8 3.9
Hawaii ................. 33,708 33,854 34,473 34,838 34,990 35,239 1.8 1.1 .4 .7 4.1
Nevada ................. 59,631 60,006 60,886 62,280 63,487 63,569 1.5 2.3 1.9 .1 5.9
Oregon ................. 94,638 95,800 96,614 98,208 98,319 98,684 .8 1.6 .1 .4 3.0
Washington ............. 183,572 183,620 187,297 186,208 193,892 193,567 2.0 -.6 4.1 -.2 5.4
BEA regions
New England .............. 494,517 502,804 512,981 523,084 523,644 526,745 2.0 2.0 .1 .6 4.8
Mideast .................. 1,545,487 1,564,588 1,602,664 1,625,161 1,628,527 1,635,621 2.4 1.4 .2 .4 4.5
Great Lakes .............. 1,312,127 1,325,189 1,340,167 1,355,843 1,367,332 1,373,966 1.1 1.2 .8 .5 3.7
Plains ................... 542,586 549,461 554,867 562,659 566,768 570,806 1.0 1.4 .7 .7 3.9
Southeast ................ 1,812,551 1,831,608 1,862,368 1,890,394 1,915,878 1,931,401 1.7 1.5 1.3 .8 5.4
Southwest ................ 826,550 837,121 850,780 870,752 874,714 883,599 1.6 2.3 .5 1.0 5.6
Rocky Mountain ........... 256,296 260,656 265,322 267,371 271,282 273,154 1.8 .8 1.5 .7 4.8
Far West ................. 1,474,105 1,503,295 1,523,417 1,537,702 1,556,872 1,566,081 1.3 .9 1.2 .6 4.2
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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:II-2001:III [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 .............. 0.6 0.6 0.2 1.7 0.6 0.38 0.04 0.23 56,356 33,141 3,530 19,685 New England Connecticut ............ .2 0 0 1.7 .2 -.01 0 .19 257 -14 -1 273 Maine .................. 1.3 1.4 .1 1.8 1.3 .95 .02 .30 435 324 7 104 Massachusetts .......... .7 .6 .2 2.0 .7 .42 .03 .23 1,721 1,053 83 586 New Hampshire .......... .7 .7 -.2 1.9 .7 .50 -.03 .20 287 215 -13 85 Rhode Island ........... .8 .8 .1 1.7 .8 .54 .02 .28 268 174 6 89 Vermont ................ .8 .7 .2 1.8 .8 .46 .03 .26 131 81 6 45 Mideast Delaware ............... -.1 -.4 0 1.6 -.1 -.29 0 .19 -25 -75 0 50 District of Columbia ... 1.0 1.4 -.3 1.1 1.0 .93 -.05 .14 237 215 -12 33 Maryland ............... 1.0 1.1 .2 1.9 1.0 .76 .04 .19 1,881 1,448 81 352 New Jersey ............. .2 0 .1 1.7 .2 .02 .02 .18 737 69 75 592 New York ............... .4 .2 0 1.5 .4 .16 0 .24 2,748 1,105 27 1,614 Pennsylvania ........... .4 .2 .1 1.6 .4 .13 .01 .25 1,518 510 41 965 Great Lakes Illinois ............... .3 .1 .2 1.6 .3 .10 .03 .18 1,254 394 128 732 Indiana ................ .6 .5 .3 1.5 .6 .33 .05 .20 978 551 85 343 Michigan ............... .2 0 .1 1.3 .2 .03 .02 .18 687 93 62 532 Ohio ................... .7 .7 0 1.3 .7 .48 0 .19 2,183 1,573 -16 626 Wisconsin .............. 1.0 1.1 0 1.7 1.0 .76 0 .21 1,531 1,197 -2 336 Plains Iowa ................... 1.4 1.8 0 1.6 1.4 1.19 0 .22 1,133 955 -1 178 Kansas ................. 1.0 1.2 0 1.4 1.0 .82 .01 .18 778 631 7 138 Minnesota .............. .4 .2 .2 1.9 .4 .10 .04 .21 587 173 69 345 Missouri ............... .3 .2 0 1.7 .3 .10 -.01 .25 549 158 -10 399 Nebraska ............... 1.3 1.6 .1 1.9 1.3 1.03 .01 .25 629 503 6 121 North Dakota ........... 1.2 1.5 .1 1.3 1.2 .98 .02 .20 200 163 4 34 South Dakota ........... .8 .9 .2 1.6 .8 .55 .04 .22 162 112 8 44 Southeast Alabama ................ .6 .4 .1 1.7 .6 .29 .01 .29 649 321 10 317 Arkansas ............... 1.1 1.1 .1 1.8 1.1 .71 .01 .32 647 438 9 198 Florida ................ 1.0 1.1 .2 1.7 1.0 .68 .05 .26 4,710 3,218 246 1,246 Georgia ................ .3 0 .5 1.8 .3 -.03 .08 .20 619 -68 197 491 Kentucky ............... .8 .7 .1 2.0 .8 .45 .01 .35 830 464 10 356 Louisiana .............. .7 .6 .8 1.0 .7 .39 .14 .17 743 419 148 177 Mississippi ............ .8 .6 .5 1.8 .8 .36 .08 .36 492 222 48 223 North Carolina ......... 1.1 1.2 .1 2.3 1.1 .80 .01 .32 2,580 1,817 31 731 South Carolina ......... .4 .1 .2 2.1 .4 .06 .04 .33 436 65 37 334 Tennessee .............. .9 1.0 -.2 1.9 .9 .66 -.04 .31 1,448 1,024 -56 482 Virginia ............... .9 1.0 .1 2.0 .9 .73 .02 .18 2,203 1,721 46 436 West Virginia .......... .4 .3 -.3 1.3 .4 .16 -.05 .29 167 66 -19 120 Southwest Arizona ................ 1.0 1.0 .3 1.9 1.0 .66 .05 .25 1,311 892 73 346 New Mexico ............. 1.3 1.4 .1 2.1 1.3 .89 .02 .34 531 378 10 144 Oklahoma ............... 1.2 1.3 .2 1.8 1.2 .90 .04 .28 1,044 767 34 242 Texas .................. 1.0 .8 1.2 2.1 1.0 .58 .16 .23 5,999 3,565 1,006 1,430 Rocky Mountain Colorado ............... .6 .4 .2 2.3 .6 .33 .04 .19 832 486 60 286 Idaho .................. .9 .8 .2 2.4 .9 .52 .04 .32 286 170 13 103 Montana ................ 1.0 1.4 -.2 1.3 1.0 .84 -.03 .22 220 179 -7 48 Utah ................... .6 .6 .2 1.8 .6 .42 .03 .18 354 235 18 103 Wyoming ................ 1.3 1.5 .4 1.6 1.3 .96 .10 .20 179 138 14 28 Far West Alaska ................. 1.0 1.3 0 .9 1.0 .90 -.01 .15 204 177 -1 29 California ............. .8 .7 .5 1.7 .8 .48 .09 .19 8,633 5,464 976 2,193 Hawaii ................. .7 .8 .1 1.4 .7 .52 .02 .17 249 182 7 60 Nevada ................. .1 -.1 0 2.3 .1 -.10 -.01 .24 82 -64 -6 152 Oregon ................. .4 .1 -.1 2.3 .4 .08 -.03 .31 365 82 -25 308 Washington ............. -.2 -.6 0 2.1 -.2 -.42 .01 .25 -325 -822 11 484 BEA regions New England .............. .6 .5 .1 1.9 .6 .35 .02 .23 3,101 1,831 88 1,182 Mideast .................. .4 .3 .1 1.6 .4 .20 .01 .22 7,094 3,274 213 3,608 Great Lakes .............. .5 .4 .1 1.4 .5 .28 .02 .19 6,634 3,808 258 2,569 Plains ................... .7 .7 .1 1.7 .7 .48 .01 .22 4,038 2,694 83 1,261 Southeast ................ .8 .8 .2 1.8 .8 .51 .04 .27 15,523 9,707 706 5,111 Southwest ................ 1.0 .9 .8 2.0 1.0 .64 .13 .25 8,885 5,601 1,123 2,161 Rocky Mountain ........... .7 .6 .2 2.0 .7 .45 .04 .21 1,872 1,208 96 567 Far West ................. .6 .5 .3 1.8 .6 .32 .06 .21 9,209 5,019 963 3,227 ---------------------------------------------------------------------------------------------------------------------------------------------------- 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:II-2001:III [Seasonally adjusted] --------------------------------------------------------------------------------------------------------------------------------------------------- Percent change ----------------------------------------------------------------------------------------------------------------------- Earnings by industry Earnings ------------------------------------------------------------------------------------------------------------ by place Non- of work Durable durable Transpor- Whole- Finance, Con- goods goods tation sale Retail insur- Govern- Farms Mining struction manu- manu- and public trade trade ance, Services ment facturing facturing utilities and real estate --------------------------------------------------------------------------------------------------------------------------------------------------- United States .............. 0.5 8.7 0.6 0.6 -1.2 -0.8 0.0 -0.2 0.1 0.4 1.0 1.6 New England Connecticut ............ -.1 12.3 -.3 -3.6 -1.0 -1.8 -.5 -2.1 -.9 .5 .8 1.7 Maine .................. 1.5 4.8 .2 -.3 1.9 1.9 .2 1.3 .7 .5 1.3 3.2 Massachusetts .......... .6 2.5 -2.1 .8 -1.2 0 -.1 0 .2 .8 1.1 1.1 New Hampshire .......... .7 4.0 9.8 1.7 .1 2.4 1.0 -.5 -.2 .5 1.2 .4 Rhode Island ........... .8 -1.3 1.9 4.5 -1.8 -.2 .7 -.6 .1 1.9 .9 1.8 Vermont ................ .6 11.8 -4.4 2.2 -2.0 -1.4 .7 -.2 .1 .2 .8 2.4 Mideast Delaware ............... -.6 10.9 /1/ 1.3 -8.4 -7.6 1.1 1.3 .1 .4 1.3 1.7 District of Columbia ... 1.3 --- /1/ 2.6 -1.3 -.9 1.5 -.4 -.2 1.2 1.1 1.8 Maryland ............... 1.0 6.8 4.4 1.3 -1.4 -.3 -.5 .2 -.3 .8 1.5 2.0 New Jersey ............. 0 -3.2 1.3 .3 -2.8 -3.3 -.8 -.8 -.7 .4 1.0 1.8 New York ............... .2 3.7 -1.8 0 -.1 -1.2 0 -1.0 -1.0 -.3 .8 1.5 Pennsylvania ........... .2 4.2 .6 .4 -3.2 -1.2 -.9 0 .2 .4 1.6 .5 Great Lakes Illinois ............... .1 31.1 1.2 -1.9 -2.5 .6 -.2 -1.7 0 .5 .8 1.1 Indiana ................ .5 29.0 -.6 -.4 -.6 -.6 0 .2 -.4 .2 1.0 2.2 Michigan ............... 0 13.4 -5.8 .6 -2.0 -2.0 0 -.6 -.1 1.0 1.1 1.9 Ohio ................... .7 1.8 .5 .4 .7 -1.3 -.4 -.3 .1 .8 1.3 1.7 Wisconsin .............. 1.1 13.8 1.1 1.9 1.7 -.5 .7 -.2 .3 1.0 1.5 1.4 Plains Iowa ................... 1.8 15.0 -1.5 2.4 1.2 .6 .3 1.2 .6 .8 2.2 1.4 Kansas ................. 1.3 39.9 .7 1.6 -.8 .7 1.1 -.1 -.3 1.2 1.4 1.9 Minnesota .............. .1 9.9 -3.5 1.6 -2.7 -1.7 -.9 -.6 -.2 .1 .8 1.7 Missouri ............... .1 18.3 -5.4 -.1 -1.6 .1 0 -.8 -.5 .2 .6 .2 Nebraska ............... 1.5 11.9 .5 .1 -1.1 5.4 1.2 .6 -.4 .2 2.0 1.6 North Dakota ........... 1.4 21.7 2.8 -.9 -5.3 -.8 1.1 -.4 -.7 .6 1.2 .5 South Dakota ........... .8 0 -3.5 4.3 -1.9 -1.0 1.2 1.7 -.8 1.8 1.4 1.0 Southeast Alabama ................ .4 10.0 1.0 -.5 -1.4 -1.0 -.5 -.7 -.6 .6 1.2 1.6 Arkansas ............... 1.1 9.7 -1.9 .8 0 .1 .5 .9 -.2 .9 1.4 1.6 Florida ................ 1.1 -9.2 /1/ 2.5 0 1.0 1.0 .9 .5 .5 1.7 1.3 Georgia ................ -.1 13.9 1.3 .7 -3.0 .7 -.6 -.9 -.1 -.3 0 .2 Kentucky ............... .6 20.0 .5 0 -4.4 -3.3 .8 .3 .4 .9 1.8 1.9 Louisiana .............. .6 1.6 1.2 1.8 -.3 -1.3 -.2 .3 .5 .4 .9 .9 Mississippi ............ .5 1.5 3.5 .8 .6 -.9 -1.0 .2 -.4 1.1 1.0 .8 North Carolina ......... 1.1 12.6 -.2 2.2 -2.7 -.3 -.1 1.8 .6 .6 1.6 2.7 South Carolina ......... 0 6.8 -.2 .4 -2.6 -4.2 .7 .2 .5 .8 .5 1.9 Tennessee .............. 1.0 4.8 -3.1 .4 1.2 1.6 -.3 .4 .1 .4 1.9 .7 Virginia ............... .9 -.4 -.1 2.0 -2.9 .2 0 -.2 -.6 .3 1.4 2.3 West Virginia .......... .2 28.1 2.0 -2.4 -3.8 -4.4 .3 -.2 0 .5 1.7 1.2 Southwest Arizona ................ .9 46.8 -1.9 -1.2 -.3 -1.0 0 .8 .5 .6 -.1 3.8 New Mexico ............. 1.3 17.0 -.4 .9 -1.7 3.4 1.7 -1.2 .3 .8 1.9 1.2 Oklahoma ............... 1.3 2.1 1.1 1.4 4.0 -.8 -.1 -.5 .4 1.8 2.2 1.2 Texas .................. .8 4.3 1.0 1.7 -2.1 -1.1 1.2 .1 1.3 .6 1.3 1.1 Rocky Mountain Colorado ............... .4 .6 .9 .2 -.3 -.4 -.2 -.7 .7 .5 .5 1.5 Idaho .................. .8 .1 -2.3 4.6 -.9 .5 2.0 -2.1 0 1.0 1.6 .1 Montana ................ 1.3 .6 2.5 .9 -1.6 6.5 1.0 .9 .4 .6 1.5 2.1 Utah ................... .5 4.2 -3.3 .6 -2.1 .3 1.2 -.1 -.3 1.5 .5 2.1 Wyoming ................ 1.5 .8 1.6 -2.7 4.5 6.5 .5 1.6 -.2 .2 .3 4.6 Far West Alaska ................. 1.3 8.3 .3 1.7 -3.0 11.4 .4 .4 .5 -.1 2.1 1.0 California ............. .6 7.2 .2 .4 -1.4 -.7 .1 0 -.1 .6 1.1 2.0 Hawaii ................. .7 3.9 .5 -.4 2.0 .1 0 -2.1 0 -.2 .4 2.3 Nevada ................. -.2 9.0 -1.8 .5 -6.9 -2.5 -7.1 .4 .8 0 .7 1.0 Oregon ................. .1 5.4 3.0 -2.7 -.6 -2.4 .1 -1.3 -.1 .7 .5 1.8 Washington ............. -.7 4.2 -.6 .7 1.6 1.4 -.5 -.5 -.2 .4 -4.0 2.0 BEA regions New England .............. .5 8.6 -.4 0 -.9 -.2 0 -.6 -.1 .7 1.0 1.5 Mideast .................. .3 3.8 .5 .4 -1.9 -1.9 -.4 -.6 -.5 0 1.1 1.5 Great Lakes .............. .4 18.5 -1.0 -.2 -.8 -.7 -.1 -.8 0 .7 1.1 1.6 Plains ................... .7 14.5 -1.4 1.1 -1.4 .1 .2 -.2 -.2 .4 1.1 1.2 Southeast ................ .7 6.8 .9 1.3 -1.6 -.5 .1 .3 .2 .4 1.3 1.5 Southwest ................ .9 11.0 .9 1.1 -1.2 -.9 1.0 .1 1.0 .7 1.2 1.5 Rocky Mountain ........... .6 .7 .6 .7 -.9 .5 .3 -.6 .4 .8 .6 1.7 Far West ................. .4 6.6 0 .3 -1.0 -.4 -.3 -.2 -.1 .5 .4 2.0 --------------------------------------------------------------------------------------------------------------------------------------------------- 1. Data are suppressed to avoid disclosure of confidential information. Source: U.S. Bureau of Economic Analysis
Table 4. -- Contribution to Percent Change in Earnings, by State and Region, 2001:II-2001:III ------------------------------------------------------------------------------------------------------------------------------------------------------ Percentage points ----------------------------------------------------------------------------------------------------------------------- Earnings by industry ------------------------------------------------------------------------------------------------------------ Earnings Non- by place Durable durable Transpor- Whole Finance, of work Con- goods goods tation sale Retail insur- Ser- Govern- Farms Mining struction manu- manu- and public trade trade ance, vices ment facturing facturing utilities and real estate ------------------------------------------------------------------------------------------------------------------------------------------------------ United States .............. 0.5 0.07 0.01 0.04 -0.12 -0.04 0.00 -0.02 0.00 0.04 0.30 0.24 New England Connecticut ............ -.1 .03 0 -.19 -.13 -.10 -.03 -.12 -.07 .08 .25 .21 Maine .................. 1.5 .03 0 -.02 .15 .14 .01 .07 .08 .04 .37 .57 Massachusetts .......... .6 0 0 .04 -.12 0 0 0 .02 .10 .41 .12 New Hampshire .......... .7 .01 .01 .12 .02 .12 .04 -.04 -.03 .04 .35 .04 Rhode Island ........... .8 0 0 .25 -.18 -.01 .04 -.03 .01 .16 .28 .32 Vermont ................ .6 .20 -.01 .15 -.31 -.06 .03 -.01 .01 .01 .23 .38 Mideast Delaware ............... -.6 .07 /1/ .08 -.45 -1.06 .05 .06 .01 .07 .35 .23 District of Columbia ... 1.3 --- /1/ .03 0 -.02 .05 0 0 .09 .47 .71 Maryland ............... 1.0 .02 .01 .09 -.07 -.01 -.03 .01 -.03 .07 .49 .44 New Jersey ............. 0 0 0 .01 -.14 -.30 -.07 -.07 -.06 .04 .31 .23 New York ............... .2 .01 0 0 0 -.06 0 -.05 -.06 -.07 .27 .19 Pennsylvania ........... .2 .02 0 .02 -.33 -.10 -.06 0 .02 .03 .51 .07 Great Lakes Illinois ............... .1 .10 0 -.11 -.25 .04 -.02 -.12 0 .06 .24 .14 Indiana ................ .5 .14 0 -.02 -.12 -.05 0 .01 -.03 .01 .24 .28 Michigan ............... 0 .03 -.02 .04 -.45 -.13 0 -.04 -.01 .06 .28 .24 Ohio ................... .7 .01 0 .02 .11 -.09 -.02 -.02 .01 .06 .36 .25 Wisconsin .............. 1.1 .09 0 .12 .27 -.05 .04 -.01 .02 .07 .37 .20 Plains Iowa ................... 1.8 .47 0 .15 .15 .05 .02 .08 .05 .07 .51 .23 Kansas ................. 1.3 .39 .01 .10 -.09 .04 .10 -.01 -.03 .08 .35 .33 Minnesota .............. .1 .10 -.01 .10 -.30 -.13 -.06 -.04 -.02 .01 .22 .23 Missouri ............... .1 .11 -.02 -.01 -.15 .01 0 -.06 -.04 .02 .16 .03 Nebraska ............... 1.5 .26 0 .01 -.07 .37 .13 .04 -.03 .02 .54 .26 North Dakota ........... 1.4 1.25 .06 -.05 -.28 -.02 .09 -.03 -.06 .04 .29 .10 South Dakota ........... .8 0 -.01 .27 -.17 -.04 .07 .11 -.08 .15 .34 .18 Southeast Alabama ................ .4 .14 .01 -.03 -.15 -.08 -.03 -.04 -.06 .03 .31 .31 Arkansas ............... 1.1 .30 -.01 .05 0 .01 .04 .05 -.03 .04 .32 .28 Florida ................ 1.1 -.10 /1/ .16 0 .03 .06 .06 .06 .05 .60 .21 Georgia ................ -.1 .13 0 .04 -.20 .05 -.06 -.07 -.01 -.02 .01 .03 Kentucky ............... .6 .49 .01 0 -.58 -.22 .06 .02 .04 .05 .41 .33 Louisiana .............. .6 .01 .06 .12 -.02 -.09 -.02 .02 .04 .02 .24 .17 Mississippi ............ .5 .02 .03 .05 .08 -.06 -.06 .01 -.04 .05 .25 .17 North Carolina ......... 1.1 .25 0 .15 -.29 -.03 0 .10 .06 .04 .39 .46 South Carolina ......... 0 .05 0 .03 -.25 -.45 .05 .01 .05 .05 .11 .38 Tennessee .............. 1.0 .01 -.01 .03 .13 .12 -.02 .02 .01 .03 .54 .09 Virginia ............... .9 0 0 .12 -.15 .01 0 -.01 -.04 .03 .47 .51 West Virginia .......... .2 .03 .12 -.15 -.30 -.28 .02 -.01 0 .02 .46 .25 Southwest Arizona ................ .9 .34 -.01 -.10 -.03 -.02 0 .05 .05 .07 -.04 .61 New Mexico ............. 1.3 .32 -.01 .06 -.09 .06 .11 -.05 .03 .04 .51 .32 Oklahoma ............... 1.3 .02 .06 .08 .35 -.05 -.01 -.02 .03 .10 .54 .24 Texas .................. .8 .03 .05 .11 -.17 -.05 .11 .01 .11 .05 .35 .16 Rocky Mountain Colorado ............... .4 0 .01 .02 -.02 -.01 -.02 -.04 .07 .05 .14 .21 Idaho .................. .8 .01 -.02 .40 -.11 .02 .12 -.12 0 .05 .38 .02 Montana ................ 1.3 .01 .06 .07 -.07 .16 .08 .04 .04 .04 .43 .46 Utah ................... .5 .02 -.04 .05 -.19 .01 .09 -.01 -.03 .12 .16 .37 Wyoming ................ 1.5 .01 .24 -.22 .10 .20 .04 .06 -.02 .01 .06 1.04 Far West Alaska ................. 1.3 .01 .02 .13 -.03 .30 .04 .01 .04 0 .47 .32 California ............. .6 .07 0 .03 -.15 -.03 .01 0 -.01 .05 .36 .30 Hawaii ................. .7 .03 0 -.03 .02 0 0 -.08 0 -.01 .13 .66 Nevada ................. -.2 .02 -.03 .05 -.24 -.04 -.48 .02 .08 0 .28 .14 Oregon ................. .1 .06 0 -.19 -.08 -.08 .01 -.09 -.01 .05 .12 .29 Washington ............. -.7 .05 0 .04 .17 .05 -.03 -.03 -.02 .03 -1.28 .35 BEA regions New England .............. .5 .02 0 0 -.11 -.01 0 -.03 -.01 .09 .34 .19 Mideast .................. .3 .01 0 .02 -.12 -.12 -.03 -.03 -.04 0 .36 .22 Great Lakes .............. .4 .07 0 -.01 -.13 -.05 0 -.05 0 .05 .29 .21 Plains ................... .7 .23 -.01 .07 -.14 0 .01 -.01 -.02 .04 .30 .18 Southeast ................ .7 .08 .01 .08 -.13 -.03 .01 .02 .02 .03 .38 .26 Southwest ................ .9 .09 .04 .07 -.10 -.04 .08 .01 .09 .06 .32 .24 Rocky Mountain ........... .6 .01 .01 .06 -.07 .02 .03 -.03 .03 .06 .19 .28 Far West ................. .4 .07 0 .02 -.10 -.02 -.02 -.01 -.01 .04 .14 .31 ------------------------------------------------------------------------------------------------------------------------------------------------------ 1. Data are suppressed to avoid disclosure of confidential information. Source: U.S. Bureau of Economic Analysis