 |
The entire release is available in PDF format. The tables in this release are available in an XLS spreadsheet.
Also available: a brief summary of highlights.
EMBARGOED FOR RELEASE: 8:30 A.M. ET, Wednesday, June 22, 2005
| David G. Lenze |
(202) |
606–9292 |
| Matthew von Kerczek |
(202) |
606–9250 |
BEA 05—28 |
| E-mail inquiries: |
RegRelease@bea.gov |
State Personal Income: First Quarter 2005
Personal income growth for the nation, and for all states except Rhode Island, slowed in the first quarter of 2005 from the fourth quarter, according to new estimates released today by the U.S. Bureau of Economic Analysis. National growth slowed to 0.7 percent from 3.3 percent and did not keep pace with the 0.8 percent inflation rate as measured by the price index for personal consumption expenditure.
The slowdown reflects the pattern of recent corporate dividend and compensation payments. Excluding last December's special Microsoft dividend, growth was 1.7 percent in the first quarter and 2.3 percent in the fourth. In addition, bonuses and other lump sum wage payments contributed to make fourth quarter earnings growth the strongest in more than four years.
The effect of the Microsoft dividend payment on personal income growth is most striking in Washington state, home of many of the company's largest shareholders. Personal income there declined 7.7 percent in the first quarter after growing 11.5 percent in the fourth quarter.
The effects of lump sum wage payments are most prominent in the management industry and to a lesser extent in the information and finance industries. Wage and salary disbursements in these industries grew 4.2, 1.6, and 2.0 percent respectively in the first quarter, two to three percentage points lower than the fourth-quarter growth rates.
Components of Personal Income
In most states, dividends, interest, and rent (property income) fell 3 to 5 percent in the first quarter after rising 5 to 9 percent in the previous quarter, mostly because of the Microsoft dividend. Property income in Washington fell 39 percent after rising 66 percent in the fourth quarter.
State unemployment insurance compensation declined in all regions except New England where it grew 1.8 percent. Within New England unemployment compensation rose in all states except Maine. New England's labor market is also notable for having the slowest wage growth of the eight BEA regions for three quarters.
Other transfer receipts rose 2 to 4 percent in all states after rising 1 to 3 percent in the previous quarter. First quarter growth was boosted by cost of living adjustments.
Earnings grew in all states but one-declining cash receipts from crop marketing offset earnings growth in the nonfarm sector in North Dakota. Nationally, the 1.7 percent earnings growth rate in the first quarter is markedly slower than the 2.6 percent growth in the fourth quarter. The slowdown-or more accurately, the return to trend growth from the unusually high fourth quarter growth-occurred in all regions except New England which had a relatively weak fourth quarter. In other regions the fourth quarter was revised upward by a percentage point or more and now has the largest percentage increases in more than three years. The revisions resulted from replacement of preliminary estimates based on employment with previously unavailable measurements of wage and salary disbursements.
Earnings by industry
The strong showing in the fourth quarter reflects lump sum wage payments (including bonuses and the exercise of stock options), particularly in the management industry. In the first quarter the management industry again exhibited the strongest wage growth of all industries, growing 4.2 percent on top of the 7.3 percent growth in the previous quarter. The management industry includes those establishments which oversee and control other establishments owned by a company, i.e., it includes corporate headquarters, and is therefore much influenced by end-of-year executive compensation decisions.
A robust construction industry was the driving force behind the four states with the fastest personal income growth in the first quarter (Utah, Wyoming, Nevada, and West Virginia). Construction provided roughly one half of a percentage point to the percentage change in earnings in these states. Wyoming also benefited from strong mining growth.
In contrast to these states, construction in five of the six constituents of the Mideast Region (Maryland, New Jersey, New York, Pennsylvania, and the District of Columbia) contributed almost nothing to earnings growth in the first quarter.
The following chart illustrates the relative contribution of each industry to first quarter earnings growth. The sum of their individual contributions equals 1.7 percent.
Definitions
Personal income is the income received by all persons from all sources. Personal income is the sum of net earnings by place of residence, rental income of persons, personal dividend income, personal interest income, and personal current transfer receipts. Net earnings is earnings by place of work (the sum of wage and salary disbursements (payrolls), supplements to wages and salaries, and proprietors' income) less contributions for government 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 (NIPAs) because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data.
BEA groups all 50 states and the District of Columbia into eight distinct regions for purposes of data collecting and analyses: New England (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont); Mideast (Delaware, District of Columbia, Maryland, New Jersey, New York, and Pennsylvania); Great Lakes (Illinois, Indiana, Michigan, Ohio, and Wisconsin); Plains (Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota); Southeast (Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia); Southwest (Arizona, New Mexico, Oklahoma, and Texas); Rocky Mountain (Colorado, Idaho, Montana, Utah, and Wyoming); and Far West (Alaska, California, Hawaii, Nevada, Oregon, and Washington).
BEA's national, international, regional, and industry estimates; the Survey of Current Business; and BEA news releases are available without charge on BEA's Web site at www.bea.gov. By visiting the site, you can also subscribe to receive free e-mail summaries of BEA releases and announcements.
****
Next state personal income release - September 28, 2005, at 8:30 A.M. ET for state personal income, second quarter 2005 and revised state personal income, 2002-2004.
Table 1. Personal Income, by State and Region, 2003:IV-2005:I
[Millions of dollars, seasonally adjusted at annual rates]
-----------------------------------------------------------------------------------------------------------------------------------------------------
2003 2004 2005 Percent change from preceding quarter/1 Rank
---------- ----------------------------------------- ----------- ------------------------------------------ ----------
IV I\r II\r III\r IV\r I\p 2004:I 2004:II 2004:III 2004:IV 2005:I 2004:IV-
2005:I
-----------------------------------------------------------------------------------------------------------------------------------------------------
United States.............. 9,322,279 9,445,287 9,593,470 9,701,247 10,021,790 10,090,897 1.3 1.6 1.1 3.3 0.7 --
New England
Connecticut............ 151,948 155,574 156,809 159,578 163,330 164,203 2.4 0.8 1.8 2.4 0.5 43
Maine.................. 39,061 39,366 40,005 40,359 41,510 41,643 0.8 1.6 0.9 2.9 0.3 46
Massachusetts.......... 258,023 261,775 267,036 268,759 274,892 277,866 1.5 2.0 0.6 2.3 1.1 22
New Hampshire.......... 46,212 46,774 47,637 48,493 49,585 50,063 1.2 1.8 1.8 2.3 1.0 26
Rhode Island........... 35,114 35,514 36,072 36,598 37,092 37,596 1.1 1.6 1.5 1.3 1.4 9
Vermont................ 19,617 19,703 20,240 20,536 20,810 21,003 0.4 2.7 1.5 1.3 0.9 27
Mideast
Delaware............... 28,535 29,134 29,717 29,768 31,180 31,407 2.1 2.0 0.2 4.7 0.7 36
District of Columbia... 27,567 28,114 28,446 28,743 29,542 29,934 2.0 1.2 1.0 2.8 1.3 --
Maryland............... 210,181 214,162 217,101 218,542 226,465 229,151 1.9 1.4 0.7 3.6 1.2 14
New Jersey............. 347,255 351,239 355,890 361,249 371,367 373,308 1.1 1.3 1.5 2.8 0.5 44
New York............... 707,480 718,985 724,370 738,669 757,283 765,175 1.6 0.7 2.0 2.5 1.0 24
Pennsylvania........... 401,664 404,208 409,770 415,171 428,538 431,740 0.6 1.4 1.3 3.2 0.7 35
Great Lakes
Illinois............... 422,225 428,026 433,205 437,389 450,683 453,890 1.4 1.2 1.0 3.0 0.7 38
Indiana................ 182,996 183,133 186,931 188,433 192,924 195,251 0.1 2.1 0.8 2.4 1.2 13
Michigan............... 321,514 315,787 320,519 324,339 329,899 331,271 -1.8 1.5 1.2 1.7 0.4 45
Ohio................... 350,758 350,332 356,912 360,147 372,185 375,072 -0.1 1.9 0.9 3.3 0.8 33
Wisconsin.............. 170,788 172,711 175,273 178,572 182,515 184,063 1.1 1.5 1.9 2.2 0.8 31
Plains
Iowa................... 85,053 88,311 89,646 89,959 94,179 94,784 3.8 1.5 0.3 4.7 0.6 41
Kansas................. 81,468 82,347 83,584 84,539 86,803 87,434 1.1 1.5 1.1 2.7 0.7 37
Minnesota.............. 174,498 179,186 181,692 183,527 190,535 190,041 2.7 1.4 1.0 3.8 -0.3 48
Missouri............... 170,581 172,486 174,890 176,644 181,566 183,540 1.1 1.4 1.0 2.8 1.1 21
Nebraska............... 53,502 53,573 54,266 54,808 56,514 56,971 0.1 1.3 1.0 3.1 0.8 32
North Dakota........... 18,668 19,514 19,742 19,799 20,705 20,377 4.5 1.2 0.3 4.6 -1.6 49
South Dakota........... 22,562 23,182 23,645 23,689 24,578 24,966 2.7 2.0 0.2 3.8 1.6 5
Southeast
Alabama................ 121,941 123,118 125,473 126,294 130,913 132,120 1.0 1.9 0.7 3.7 0.9 28
Arkansas............... 68,165 69,138 70,299 70,999 73,279 74,325 1.4 1.7 1.0 3.2 1.4 8
Florida................ 522,866 532,295 544,073 546,968 572,174 577,142 1.8 2.2 0.5 4.6 0.9 30
Georgia................ 256,014 260,073 263,589 266,200 275,435 277,560 1.6 1.4 1.0 3.5 0.8 34
Kentucky............... 111,640 112,613 114,121 114,945 118,376 119,711 0.9 1.3 0.7 3.0 1.1 20
Louisiana.............. 120,373 122,418 123,719 124,606 127,928 129,241 1.7 1.1 0.7 2.7 1.0 25
Mississippi............ 68,963 70,027 71,085 71,868 73,559 73,978 1.5 1.5 1.1 2.4 0.6 42
North Carolina......... 241,714 244,208 247,655 251,691 259,026 261,989 1.0 1.4 1.6 2.9 1.1 17
South Carolina......... 110,472 111,487 113,543 114,841 117,750 118,567 0.9 1.8 1.1 2.5 0.7 39
Tennessee.............. 170,904 172,908 175,790 178,404 182,833 184,924 1.2 1.7 1.5 2.5 1.1 19
Virginia............... 253,495 258,687 262,655 266,079 275,591 279,055 2.0 1.5 1.3 3.6 1.3 10
West Virginia.......... 45,122 45,844 46,816 47,112 48,272 49,040 1.6 2.1 0.6 2.5 1.6 4
Southwest
Arizona................ 155,719 159,015 162,095 164,839 170,070 172,505 2.1 1.9 1.7 3.2 1.4 7
New Mexico............. 48,344 49,054 49,767 49,878 51,798 52,426 1.5 1.5 0.2 3.8 1.2 12
Oklahoma............... 95,668 96,711 98,420 99,234 102,373 103,560 1.1 1.8 0.8 3.2 1.2 16
Texas.................. 654,894 665,863 675,971 681,928 704,009 712,325 1.7 1.5 0.9 3.2 1.2 15
Rocky Mountain
Colorado............... 158,844 162,524 165,133 165,855 171,856 173,822 2.3 1.6 0.4 3.6 1.1 18
Idaho.................. 36,114 36,715 37,558 37,914 39,310 39,725 1.7 2.3 0.9 3.7 1.1 23
Montana................ 23,823 24,358 24,681 24,887 25,699 25,929 2.2 1.3 0.8 3.3 0.9 29
Utah................... 60,807 61,771 63,184 63,873 65,808 67,213 1.6 2.3 1.1 3.0 2.1 1
Wyoming................ 16,725 16,953 17,266 17,440 17,827 18,130 1.4 1.8 1.0 2.2 1.7 2
Far West
Alaska................. 21,917 22,271 22,450 22,714 23,330 23,614 1.6 0.8 1.2 2.7 1.2 11
California............. 1,208,618 1,226,033 1,247,214 1,260,502 1,304,265 1,313,067 1.4 1.7 1.1 3.5 0.7 40
Hawaii................. 38,717 39,543 40,108 40,862 42,165 42,263 2.1 1.4 1.9 3.2 0.2 47
Nevada................. 73,902 75,502 77,262 78,662 82,257 83,639 2.2 2.3 1.8 4.6 1.7 3
Oregon................. 104,309 105,324 107,198 108,020 110,052 111,637 1.0 1.8 0.8 1.9 1.4 6
Washington............. 204,942 207,696 212,949 216,326 241,159 222,642 1.3 2.5 1.6 11.5 -7.7 50
BEA regions
New England.............. 549,975 558,706 567,799 574,322 587,218 592,374 1.6 1.6 1.1 2.2 0.9 --
Mideast.................. 1,722,682 1,745,842 1,765,295 1,792,141 1,844,375 1,860,715 1.3 1.1 1.5 2.9 0.9 --
Great Lakes.............. 1,448,280 1,449,990 1,472,840 1,488,881 1,528,206 1,539,547 0.1 1.6 1.1 2.6 0.7 --
Plains................... 606,332 618,599 627,465 632,964 654,880 658,112 2.0 1.4 0.9 3.5 0.5 --
Southeast................ 2,091,668 2,122,817 2,158,817 2,180,006 2,255,134 2,277,652 1.5 1.7 1.0 3.4 1.0 --
Southwest................ 954,625 970,643 986,252 995,879 1,028,250 1,040,816 1.7 1.6 1.0 3.3 1.2 --
Rocky Mountain........... 296,313 302,321 307,822 309,969 320,499 324,818 2.0 1.8 0.7 3.4 1.3 --
Far West................. 1,652,405 1,676,369 1,707,180 1,727,086 1,803,227 1,796,862 1.5 1.8 1.2 4.4 -0.4 --
r Revised.
p Preliminary.
1. Percent changes are expressed at quarterly 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, 2004:IV - 2005:I
[Seasonally adjusted]
--------------------------------------------------------------------------------------------------------------------------------------------------
Contribution to percent
change in personal income
Percent change from preceding quarter/2 (percentage points) Dollar change (millions)
----------------------------------------------- ------------------------------- ----------------------------------
Personal Net Dividends, Transfer Net Dividends, Transfer Personal Net Dividends, Transfer
income earnings interest, receipts earnings interest, receipts income earnings interest, receipts
and rent /1 and rent /1 and rent
--------------------------------------------------------------------------------------------------------------------------------------------------
United States .......... 0.7 1.6 -5.0 2.8 1.12 -0.83 0.40 69,107 112,105 -83,126 40,128
New England
Connecticut ........ 0.5 1.4 -4.6 2.2 1.05 -0.76 0.24 873 1,714 -1,239 398
Maine .............. 0.3 0.7 -3.9 3.0 0.44 -0.66 0.54 134 184 -274 224
Massachusetts ...... 1.1 2.0 -3.6 2.5 1.39 -0.62 0.31 2,974 3,822 -1,712 864
New Hampshire ...... 1.0 1.9 -4.4 2.9 1.38 -0.74 0.32 478 685 -365 157
Rhode Island ....... 1.4 2.1 -3.1 2.8 1.39 -0.51 0.48 505 516 -191 179
Vermont ............ 0.9 1.9 -4.2 3.4 1.21 -0.81 0.52 193 252 -168 109
Mideast
Delaware ........... 0.7 1.6 -4.4 3.0 1.12 -0.79 0.40 227 350 -247 124
District of Columbia 1.3 2.3 -3.8 2.3 1.68 -0.63 0.28 392 495 -186 82
Maryland ........... 1.2 1.9 -3.2 2.9 1.39 -0.52 0.32 2,686 3,149 -1,177 715
New Jersey ......... 0.5 1.2 -4.6 2.8 0.88 -0.69 0.34 1,941 3,259 -2,570 1,251
New York ........... 1.0 1.9 -4.7 2.6 1.30 -0.69 0.44 7,892 9,818 -5,242 3,316
Pennsylvania ....... 0.7 1.7 -4.7 2.4 1.10 -0.77 0.41 3,202 4,722 -3,291 1,771
Great Lakes
Illinois ........... 0.7 1.5 -3.9 2.3 1.08 -0.66 0.29 3,208 4,880 -2,995 1,323
Indiana ............ 1.2 1.8 -2.9 2.9 1.24 -0.45 0.41 2,328 2,402 -872 797
Michigan ........... 0.4 0.9 -3.9 2.2 0.66 -0.58 0.33 1,372 2,166 -1,898 1,104
Ohio ............... 0.8 1.6 -4.3 2.5 1.06 -0.68 0.39 2,887 3,956 -2,538 1,469
Wisconsin .......... 0.8 1.5 -3.5 2.9 1.02 -0.58 0.40 1,548 1,865 -1,053 736
Plains
Iowa ............... 0.6 1.2 -3.4 2.7 0.82 -0.57 0.39 605 768 -532 369
Kansas ............. 0.7 1.4 -3.5 2.6 0.94 -0.58 0.36 630 818 -502 315
Minnesota .......... -0.3 -0.1 -3.6 3.4 -0.06 -0.61 0.41 -494 -116 -1,158 780
Missouri ........... 1.1 1.9 -3.5 2.9 1.24 -0.62 0.47 1,974 2,252 -1,134 856
Nebraska............ 0.8 1.4 -2.9 2.8 0.93 -0.51 0.39 458 528 -289 219
North Dakota ....... -1.6 -2.2 -2.5 2.4 -1.46 -0.46 0.33 -328 -303 -94 68
South Dakota ....... 1.6 2.1 -0.8 2.9 1.36 -0.18 0.40 388 335 -44 97
Southeast
Alabama ............ 0.9 1.3 -2.9 2.9 0.87 -0.46 0.52 1,207 1,138 -605 674
Arkansas ........... 1.4 2.2 -3.6 2.9 1.42 -0.56 0.56 1,046 1,044 -411 413
Florida ............ 0.9 2.0 -3.4 2.9 1.19 -0.78 0.46 4,968 6,804 -4,478 2,643
Georgia ............ 0.8 1.5 -5.2 3.3 1.11 -0.77 0.43 2,125 3,059 -2,126 1,192
Kentucky ........... 1.1 1.7 -2.7 2.7 1.09 -0.45 0.49 1,335 1,291 -536 580
Louisiana .......... 1.0 1.4 -2.5 2.7 0.92 -0.39 0.49 1,312 1,175 -493 630
Mississippi ........ 0.6 0.5 -2.7 3.1 0.29 -0.39 0.67 420 217 -288 491
North Carolina ..... 1.1 1.9 -4.0 3.3 1.27 -0.64 0.52 2,963 3,287 -1,659 1,335
South Carolina ..... 0.7 1.0 -3.5 3.2 0.68 -0.55 0.57 817 796 -649 669
Tennessee .......... 1.1 1.6 -3.5 3.0 1.09 -0.46 0.51 2,091 2,001 -841 931
Virginia ........... 1.3 2.0 -3.3 3.0 1.47 -0.53 0.31 3,464 4,062 -1,450 852
West Virginia ...... 1.6 2.2 -3.6 3.0 1.28 -0.50 0.81 768 619 -240 390
Southwest
Arizona ............ 1.4 2.3 -4.1 3.6 1.57 -0.69 0.55 2,435 2,676 -1,174 934
New Mexico ......... 1.2 1.9 -4.7 3.5 1.28 -0.69 0.62 628 666 -358 320
Oklahoma ........... 1.2 1.5 -2.2 3.0 1.02 -0.35 0.49 1,187 1,043 -361 505
Texas .............. 1.2 1.7 -3.5 2.9 1.27 -0.45 0.36 8,316 8,957 -3,201 2,560
Rocky Mountain
Colorado ........... 1.1 1.9 -3.3 3.0 1.42 -0.56 0.28 1,966 2,438 -960 488
Idaho .............. 1.1 1.6 -2.8 3.3 1.09 -0.51 0.47 415 428 -199 186
Montana ............ 0.9 1.8 -3.9 2.8 1.16 -0.73 0.46 230 299 -187 118
Utah ............... 2.1 2.9 -2.3 2.9 2.16 -0.35 0.33 1,405 1,421 -230 214
Wyoming ............ 1.7 3.1 -2.8 2.8 1.99 -0.66 0.37 303 355 -117 65
Far West
Alaska ............. 1.2 2.1 -4.8 3.3 1.44 -0.71 0.48 284 337 -166 113
California ......... 0.7 1.4 -4.2 3.0 0.99 -0.69 0.38 8,802 12,936 -9,025 4,891
Hawaii ............. 0.2 0.8 -3.9 2.5 0.55 -0.62 0.3 99 233 -262 127
Nevada ............. 1.7 2.4 -2.1 3.6 1.70 -0.41 0.39 1,381 1,396 -333 319
Oregon ............. 1.4 2.6 -4.0 2.7 1.76 -0.73 0.41 1,585 1,941 -802 447
Washington ......... -7.7 1.9 -38.6 2.5 1.23 -9.21 0.30 -18,517 2,973 -22,206 716
BEA regions
New England........... 0.9 1.7 -4.0 2.5 1.22 -0.67 0.33 5,156 7,173 -3,947 1,931
Mideast............... 0.9 1.7 -4.4 2.6 1.18 -0.69 0.39 16,340 21,793 -12,713 7,260
Great Lakes........... 0.7 1.4 -3.8 2.5 1.00 -0.61 0.36 11,342 15,268 -9,355 5,429
Plains................ 0.5 1.0 -3.3 2.9 0.65 -0.57 0.41 3,232 4,282 -3,754 2,705
Southeast............. 1.0 1.7 -3.5 3.0 1.13 -0.61 0.48 22,517 25,493 -13,777 10,801
Southwest............. 1.2 1.8 -3.5 3.1 1.30 -0.50 0.42 12,566 13,340 -5,094 4,320
Rocky Mountain........ 1.3 2.2 -3.1 3.0 1.54 -0.53 0.33 4,319 4,941 -1,693 1,071
Far West.............. -0.4 1.6 -10.3 2.9 1.10 -1.82 0.37 -6,365 19,815 -32,793 6,612
1. Net earnings is earnings by place of work--the sum of wage and salary disbursements, supplements to wages and salaries, and proprietors'
income--less contributions for government social insurance plus an adjustment to convert earnings by place of work to a place-of-residence basis.
2. Percent Changes are expressed at quarterly rates.
Note: Estimates may not add to totals because of rounding.
Source: U.S. Bureau of Economic Analysis
Table 3. Contributions to Percent Chenge in Earnings, by State and Region, 2004:IV - 2005:I
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------
[Percentage points]
-------------------------------------------------------------------------------------------------------------------------------------
Earnings by industry
--------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total Farm Forestry, Mining Utilities Constr- Manufacturing Whole- Retail Transpor- Infor- Finance
earnings/1 fishing, uction ------------------- sale trade tation mation and
related Durable Nondurable trade and ware- insurance
activities, goods goods housing
other/2
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------
United States .......... 1.7 -0.09 0.01 0.02 0.02 0.13 0.11 0.04 0.11 0.14 0.08 0.04 0.17
New England
Connecticut ........ 1.4 -0.01 0.00 0.00 0.02 0.13 0.16 0.07 0.08 0.14 -0.01 0.07 0.43
Maine .............. 0.7 -0.02 0.02 0.00 0.01 0.23 0.01 0.10 0.08 0.15 0.08 0.05 0.12
Massachusetts ...... 2.1 0.00 -0.01 0.00 0.01 0.17 0.12 0.05 0.14 0.12 0.02 0.06 0.30
New Hampshire ...... 2.0 -0.01 0.00 0.00 0.02 0.24 0.16 0.00 0.17 0.19 0.07 0.06 0.00
Rhode Island ....... 2.3 -0.01 0.01 0.00 0.02 0.20 0.10 0.05 0.09 0.11 0.02 0.11 0.35
Vermont ............ 2.0 -0.01 0.01 0.01 0.04 0.36 0.19 0.03 0.20 0.11 0.06 0.06 0.16
Mideast
Delaware ........... 1.8 -0.14 0.00 0.00 0.02 0.30 0.16 0.07 0.01 0.17 0.06 -0.07 -0.31
District of Columbia 2.7 4/ 0.06 0.00 0.01 0.00 0.00 0.00 0.01 0.02 0.01 0.07 0.11
Maryland ........... 1.9 0.00 0.00 0.00 0.03 -0.01 0.01 0.01 0.10 0.15 0.05 0.05 0.17
New Jersey ......... 1.1 -0.02 0.00 0.00 -0.01 0.00 0.00 0.05 0.21 0.21 0.03 -0.06 0.18
New York ........... 2.1 -0.03 0.00 0.00 0.03 0.03 0.04 0.02 0.10 0.10 0.03 0.12 0.46
Pennsylvania ....... 1.8 -0.09 0.00 0.00 0.03 0.06 0.11 0.00 0.10 0.12 0.10 0.04 0.15
Great Lakes
Illinois ........... 1.6 -0.06 0.00 0.01 0.02 0.10 0.10 0.05 0.12 0.09 0.08 0.03 0.21
Indiana ............ 2.0 -0.33 0.00 0.01 0.04 0.29 0.34 0.09 0.09 0.18 0.16 0.05 0.11
Michigan ........... 1.1 -0.20 0.00 0.01 -0.03 0.06 -0.13 0.04 0.13 0.16 0.15 0.02 0.12
Ohio ............... 1.7 -0.16 0.00 0.01 0.00 0.07 0.18 0.10 0.09 0.08 0.07 0.04 0.14
Wisconsin .......... 1.6 -0.24 0.01 -0.01 0.02 0.29 0.24 0.15 0.20 0.09 0.07 0.10 -0.05
Plains
Iowa ............... 1.3 -0.11 0.01 0.00 0.04 0.06 0.25 0.04 0.12 0.07 0.10 -0.01 0.23
Kansas ............. 1.5 -0.42 0.01 0.04 0.03 0.02 0.16 0.05 0.12 0.09 0.17 0.15 0.13
Minnesota .......... 0.1 -0.75 0.00 0.01 0.03 0.06 0.24 0.04 0.11 0.14 0.08 0.05 -0.14
Missouri ........... 2.0 0.02 0.00 0.01 0.02 0.06 0.10 0.06 0.11 0.15 0.09 0.11 0.15
Nebraska............ 1.5 -0.39 0.00 -0.01 0.04 0.20 0.11 -0.08 0.04 0.21 0.12 0.08 0.19
North Dakota ....... -1.4 -3.17 -0.02 0.09 0.05 0.07 0.16 0.04 0.16 0.19 0.13 0.09 -0.23
South Dakota ....... 2.2 0.24 0.00 0.01 0.01 0.25 0.19 0.02 0.10 0.23 0.13 0.02 0.24
Southeast
Alabama ............ 1.4 -0.25 0.01 0.01 0.04 0.16 0.28 0.11 0.15 0.22 0.03 0.06 -0.29
Arkansas ........... 2.3 0.40 0.01 0.02 0.03 0.09 0.06 0.13 0.12 0.11 0.14 0.06 0.11
Florida ............ 2.1 0.05 0.02 0.00 0.02 0.05 0.10 0.01 0.16 0.19 0.08 0.04 0.16
Georgia ............ 1.7 -0.17 0.01 0.00 0.02 0.07 0.05 0.04 0.14 0.05 0.09 0.10 0.17
Kentucky ........... 1.8 -0.01 0.01 0.04 0.00 0.28 0.16 0.08 0.09 0.12 0.19 0.01 -0.01
Louisiana .......... 1.5 -0.08 0.03 0.05 0.00 -0.01 0.01 0.08 0.06 0.13 0.18 0.03 0.12
Mississippi ........ 0.6 -0.93 0.00 0.01 0.02 -0.06 0.14 0.07 0.06 0.24 0.15 0.05 0.09
North Carolina ..... 2.0 0.06 0.01 0.00 0.02 0.16 0.11 -0.06 0.12 0.08 0.04 0.04 0.14
South Carolina ..... 1.1 0.07 0.01 0.00 0.07 -0.01 0.02 -0.02 0.12 0.21 0.02 0.07 0.18
Tennessee .......... 1.7 4/ 0.00 0.00 0.00 0.13 0.12 0.03 0.14 0.14 0.11 0.02 0.14
Virginia ........... 2.1 -0.03 0.00 0.00 0.01 0.16 0.07 0.01 0.09 0.17 0.08 0.16 0.16
West Virginia ...... 2.3 4/ 0.02 0.01 0.04 0.58 0.12 0.03 0.12 0.16 0.04 0.05 0.03
Southwest
Arizona ............ 2.4 0.04 0.00 0.02 0.02 0.34 0.17 0.02 0.12 0.34 0.06 0.03 0.24
New Mexico ......... 2.0 0.42 0.01 0.10 0.02 0.13 0.05 0.01 0.07 0.13 0.08 0.02 0.11
Oklahoma ........... 1.7 -0.36 0.01 0.12 0.04 0.05 0.03 0.07 0.11 0.19 0.10 0.07 0.11
Texas .............. 1.8 0.06 0.00 0.10 0.04 0.06 0.12 0.03 0.02 0.14 0.10 0.11 0.18
Rocky Mountain
Colorado ........... 2.0 0.10 0.00 0.06 -0.02 0.32 -0.09 0.01 0.06 0.20 0.04 0.01 0.16
Idaho .............. 1.7 0.07 0.04 0.02 0.04 0.48 -0.28 -0.01 0.13 0.13 0.04 0.04 0.08
Montana ............ 1.9 0.33 0.02 0.20 0.04 0.21 0.11 0.00 0.07 0.16 0.25 0.07 0.11
Utah ............... 3.1 0.00 0.00 0.07 0.03 0.42 0.25 0.01 0.15 0.18 0.17 0.18 0.25
Wyoming ............ 3.2 0.48 0.02 0.82 0.04 0.42 3/ 3/ 0.05 0.13 0.13 0.05 0.07
Far West
Alaska ............. 2.1 0.00 0.06 0.30 0.00 0.26 0.00 0.00 0.03 0.13 0.15 0.06 0.11
California ......... 1.5 -0.13 0.01 0.01 0.02 0.19 0.11 0.05 0.10 0.10 0.07 -0.02 0.18
Hawaii ............. 0.8 -0.02 0.00 0.00 0.02 0.20 3/ 3/ 0.09 0.10 0.10 0.06 0.15
Nevada ............. 2.5 0.01 0.00 0.04 0.02 0.56 0.10 0.02 0.11 0.15 0.11 0.02 0.17
Oregon ............. 2.8 -0.14 0.05 0.00 0.03 0.28 0.32 0.05 0.26 0.26 0.16 0.12 0.19
Washington ......... 2.0 -0.15 0.00 0.00 0.01 0.18 0.59 0.01 0.10 0.20 0.05 -0.29 0.08
BEA regions
New England........... 1.8 -0.01 0.00 0.00 0.01 0.18 0.13 0.05 0.12 0.13 0.02 0.06 0.30
Mideast............... 1.8 -0.04 0.00 0.00 0.02 0.03 0.04 0.02 0.11 0.13 0.05 0.05 0.28
Great Lakes........... 1.6 -0.17 0.00 0.01 0.01 0.13 0.11 0.08 0.12 0.12 0.10 0.04 0.13
Plains................ 1.1 -0.42 0.00 0.01 0.03 0.08 0.18 0.03 0.11 0.14 0.10 0.07 0.07
Southeast............. 1.8 -0.05 0.01 0.01 0.02 0.11 0.10 0.03 0.13 0.14 0.09 0.06 0.12
Southwest............. 1.9 0.04 0.00 0.09 0.04 0.11 0.11 0.03 0.04 0.18 0.09 0.09 0.18
Rocky Mountain........ 2.2 0.11 0.01 0.10 0.01 0.36 3/ 3/ 0.09 0.18 0.09 0.06 0.16
Far West.............. 1.7 -0.12 0.01 0.01 0.02 0.21 3/ 3/ 0.11 0.12 0.07 -0.04 0.16
1. Earnings by place of work is the sum of wage and salary disbursements (payrolls), supplements to wages and salaries, and proprietors' income.
2. "Other" consists of the wage and salary disbursements to U.S. residents employed by international organizations and foreign embassies and consulates in the U.S.
3. Data are suppressed to avoid disclosure of confidential information.
4. Not meaningful.
Source: U.S. Bureau of Economic Analysis
Table 3. Contribution by Percent Change in Earnings, by State and Region, 2004:IV-2005:I (continued)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
[Percentage points]
------------------------------------------------------------------------------------------------------------------------------------------------------------
Earnings by industry
-------------------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Real estate Professional Manage- Adminis- Educational Health care Arts, Accommo- Other services, Government
and rental and technical ment of trative and services and social entertain- dation and except public -------------------------------------
and leasing services companies waste assistance ment, and food administration Federal, Military State and
and services recreation services civilian local
enterprises
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
United States .......... 0.06 0.21 0.09 0.02 0.03 0.18 0.00 0.05 0.06 0.08 0.05 0.10
New England
Connecticut ........ 0.04 0.13 -0.24 0.04 0.08 0.11 0.00 0.03 0.05 0.03 0.01 0.07
Maine .............. 0.06 0.16 -0.83 -0.04 0.04 0.21 0.00 0.04 0.04 0.10 0.03 0.07
Massachusetts ...... 0.07 0.30 0.22 0.02 0.07 0.20 0.02 0.04 0.06 0.11 -0.01 0.02
New Hampshire ...... 0.08 0.03 0.17 0.03 0.05 0.27 -0.02 0.10 0.01 0.00 0.01 0.32
Rhode Island ....... 0.05 0.15 0.23 0.08 0.05 0.38 0.02 0.09 0.07 0.05 0.05 0.02
Vermont ............ 0.05 0.10 0.01 0.05 0.06 0.12 0.01 0.01 0.06 0.07 0.04 0.16
Mideast
Delaware ........... 0.01 0.34 0.25 0.12 0.01 0.39 -0.01 0.08 0.06 0.05 0.03 0.15
District of Columbia 0.06 0.78 0.03 -0.01 0.00 0.13 0.01 0.09 0.13 0.97 0.09 0.09
Maryland ........... 0.00 0.38 0.03 0.03 0.07 0.23 -0.02 0.09 0.09 0.17 0.08 0.18
New Jersey ......... -0.17 0.22 -0.08 0.04 0.02 0.22 0.01 0.05 0.08 0.05 -0.01 0.10
New York ........... 0.09 0.28 0.24 0.01 0.06 0.21 0.01 0.05 0.05 0.04 0.02 0.09
Pennsylvania ....... 0.06 0.32 0.24 0.03 0.05 0.23 0.00 0.04 0.07 0.08 0.01 0.08
Great Lakes
Illinois ........... 0.07 0.22 0.11 0.09 0.03 0.12 0.02 0.05 0.07 0.06 -0.02 0.08
Indiana ............ 0.07 0.06 0.10 0.10 -0.03 0.23 0.03 0.07 0.09 0.06 0.00 0.13
Michigan ........... 0.05 0.17 0.24 -0.12 0.00 0.11 0.01 0.04 0.04 0.04 0.00 0.11
Ohio ............... 0.05 0.15 0.30 0.09 0.05 0.21 -0.01 0.03 0.07 0.05 0.03 0.06
Wisconsin .......... 0.05 0.03 0.25 -0.04 0.02 0.22 0.00 0.03 0.02 0.03 0.01 0.13
Plains
Iowa ............... 0.04 0.03 0.08 0.02 0.03 0.10 0.00 0.03 0.06 0.04 0.03 0.03
Kansas ............. 0.06 0.16 0.07 0.05 0.04 0.18 0.02 0.05 0.06 0.11 0.01 0.15
Minnesota .......... 0.08 0.12 -0.51 -0.01 0.04 0.20 0.01 0.05 0.05 0.03 0.01 0.16
Missouri ........... 0.08 0.13 0.38 -0.04 0.02 0.18 0.02 0.04 0.08 0.22 0.01 0.03
Nebraska............ 0.06 0.07 0.26 0.07 0.02 0.14 0.01 0.09 0.07 0.09 0.07 0.10
North Dakota ....... 0.04 0.09 -0.01 0.02 0.02 0.33 -0.01 0.07 0.04 0.09 0.10 0.24
South Dakota ....... 0.03 0.04 0.04 -0.02 0.07 0.25 0.03 0.03 -0.01 0.15 0.04 0.10
Southeast
Alabama ............ 0.06 0.21 0.07 0.04 -0.09 0.25 0.00 0.04 0.04 0.11 0.02 0.15
Arkansas ........... 0.04 0.12 0.23 0.03 0.02 0.21 0.01 0.03 0.05 0.06 0.04 0.13
Florida ............ 0.12 0.23 0.17 0.07 0.05 0.15 -0.02 0.05 0.07 0.08 0.07 0.13
Georgia ............ 0.08 0.20 0.18 0.03 0.02 0.16 -0.01 0.04 0.04 0.11 0.08 0.13
Kentucky ........... 0.03 0.10 0.08 0.00 0.00 0.15 0.02 0.07 0.05 0.05 0.15 0.12
Louisiana .......... 0.07 0.15 0.17 -0.04 0.07 0.20 0.02 0.03 0.08 0.05 0.04 0.03
Mississippi ........ 0.06 0.06 0.13 0.04 0.02 0.26 -0.01 0.04 0.03 0.08 -0.06 0.16
North Carolina ..... 0.06 0.17 0.33 0.00 0.03 0.20 -0.01 0.04 0.04 0.05 0.18 0.16
South Carolina ..... 0.04 -0.11 0.05 -0.01 0.02 0.07 0.01 0.12 -0.02 0.07 0.06 0.06
Tennessee .......... 0.07 0.15 0.08 0.03 0.03 0.27 -0.02 0.06 0.05 0.12 0.02 0.10
Virginia ........... 0.05 0.48 -0.02 -0.01 0.03 0.11 0.00 0.03 0.09 0.17 0.19 0.06
West Virginia ...... 0.04 0.15 0.03 0.00 0.01 0.27 0.03 0.06 0.05 0.10 0.14 0.12
Southwest
Arizona ............ 0.00 0.25 0.11 0.01 0.04 0.28 0.02 0.07 0.03 0.07 0.05 0.08
New Mexico ......... 0.06 -0.11 0.07 -0.03 0.02 0.20 0.01 0.05 0.05 0.18 0.04 0.25
Oklahoma ........... 0.07 0.16 0.13 0.07 0.02 0.21 -0.01 0.04 0.07 0.12 0.08 0.18
Texas .............. 0.08 0.13 0.05 0.05 0.02 0.20 0.01 0.04 0.06 0.08 0.05 0.07
Rocky Mountain
Colorado ........... 0.11 0.28 0.03 0.06 0.02 0.14 0.01 0.05 0.06 0.14 0.15 0.10
Idaho .............. 0.03 0.22 -0.24 0.14 0.01 0.26 0.01 0.05 0.06 0.09 0.05 0.20
Montana ............ 0.07 0.13 0.02 0.01 0.04 0.08 -0.02 -0.03 0.01 0.11 0.08 -0.23
Utah ............... 0.08 0.23 0.17 0.17 0.04 0.12 0.00 0.03 0.11 0.17 0.04 0.17
Wyoming ............ 0.03 0.10 0.05 0.03 0.02 0.09 0.03 0.08 0.07 0.26 0.07 0.06
Far West
Alaska ............. 0.05 0.09 0.02 -0.04 0.02 0.26 0.01 0.04 0.05 0.32 0.01 0.20
California ......... 0.09 0.27 -0.02 0.00 0.02 0.14 0.01 0.06 0.07 0.04 0.02 0.11
Hawaii ............. 0.11 0.17 -0.96 0.03 0.05 0.22 -0.02 0.11 0.05 0.17 0.40 -0.23
Nevada ............. 0.12 0.24 -0.05 0.02 0.02 0.15 -0.01 0.36 0.08 0.06 0.05 0.17
Oregon ............. 0.02 0.18 0.19 0.02 -0.01 0.29 0.03 0.08 0.10 0.09 0.00 0.24
Washington ......... 0.07 0.26 0.15 0.07 0.02 0.18 -0.03 0.04 0.07 0.07 0.26 0.09
BEA regions
New England........... 0.06 0.21 0.01 0.03 0.07 0.19 0.01 0.05 0.05 0.07 0.01 0.07
Mideast............... 0.02 0.31 0.15 0.02 0.05 0.22 0.01 0.05 0.07 0.11 0.02 0.10
Great Lakes........... 0.06 0.15 0.20 0.03 0.02 0.16 0.01 0.04 0.06 0.05 0.00 0.09
Plains................ 0.07 0.11 -0.01 0.00 0.03 0.18 0.01 0.05 0.06 0.11 0.02 0.10
Southeast............. 0.07 0.21 0.14 0.02 0.03 0.18 -0.01 0.05 0.05 0.09 0.09 0.11
Southwest............. 0.07 0.14 0.07 0.04 0.02 0.21 0.01 0.04 0.05 0.09 0.05 0.09
Rocky Mountain........ 0.09 0.24 0.03 0.09 0.02 0.14 0.00 0.04 0.07 0.14 0.11 0.10
Far West.............. 0.09 0.26 -0.01 0.01 0.02 0.16 0.01 0.07 0.07 0.05 0.06 0.11
Source: U.S. Bureau of Economic Analysis
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