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Personal income in the states
An interactive visualization of income growth and change in the states, by major sector.
The Bureau of Economic Analysis, an agency of the United States Department of Commerce, collects and analyses data regarding the U.S. and world economies. One series is personal income, defined by BEA as “Personal income is the income received by, or on behalf of, all persons from all sources: from participation as laborers in production, from owning a home or business, from the ownership of financial assets, and from government and business in the form of transfers. It includes income from domestic sources as well as the rest of world. It does not include realized or unrealized capital gains or losses.”1
Data is available for farm and non-farm income. I’ve gathered this data from BEA and present it in an
interactive visualization. This is a series named SA4. Data is subdivided farm or non-farm, and also by state and regions. There are three views of data. Some work best with just two or three states, while others can show many states. You may choose a range of dates (this data is annual through 2016). Also, select one or more states or regions. Click on the legend to highlight one or more series. Trends over time are shown as percentage change from the first year so that comparisons may be made.
Of note is the steep decline in farm income in Kansas and other Plains states.
Click here to use the visualization.
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Notes
- Bureau of Economic Analysis. State Personal Income, 2016. https://www.bea.gov/newsreleases/regional/spi/sqpi_newsrelease.htm. ↩
Source: http://wichitaliberty.org/economics/personal-income-states/
