A Chart and Map Book of Population and Selected Economic Indicators for the U.S. and States, vol. I, no. 3

Transcription

1 University of New Mexico UNM Digital Repository Bureau of Business and Economic Research Museums and Research Centers A Chart and Map Book of Population and Selected Economic Indicators for the U.S. and States, vol. I, no. 3 Bureau of Business and Economic Research Follow this and additional works at: Recommended Citation Bureau of Business and Economic Research. "A Chart and Map Book of Population and Selected Economic Indicators for the U.S. and States, vol. I, no. 3." (2012). This Presentation is brought to you for free and open access by the Museums and Research Centers at UNM Digital Repository. It has been accepted for inclusion in Bureau of Business and Economic Research by an authorized administrator of UNM Digital Repository. For more information, please contact disc@unm.edu.

2 University of New Mexico Bureau of Business and Economic Research A Chart and Map Book of Population and Selected Economic Indicators for the U.S. and States Vol. I No. 3 December 2012 Table, Maps and Graphs Prepared by: University of New Mexico Bureau of Business and Economic Research

3 ACKNOWLEDGEMENTS There are several people at the Bureau of Business and Economic Research who helped prepare this booklet: Karma Shore, Guy Dameron, Erin Coffey and Kevin Kargacin. i

4 Table of Contents Page Acknowledgements... i Table of Contents... ii Population and Selected Economic Indicators for the U.S. and States (Table)... 1 Population by State: July 1, 2011 (Map)... 3 Population by State: July 1, 2011 (Graph)... 4 Percent Change in Population by State: July 1, 2010 to July 1, 2011 (Map)... 5 Percent Change in Population by State: July 1, 2010 to July 1, 2011 Graph)... 6 Nonagricultural Wage and Salary Employment by State: 2011 (Map)... 7 Nonagricultural Wage and Salary Employment by State: 2011 (Graph)... 8 Percent Change in Nonagricultural Wage and Salary Employment by State: 2010 to 2011 (Map)... 9 Percent Change in Nonagricultural Wage and Salary Employment by State: 2010 to 2011 (Graph) Total Personal Income by State: 2011 (Map) Total Personal Income by State: 2011 (Graph) Percent Change in Total Personal Income by State: 2010 to 2011 (Map) Percent Change in Total Personal Income by State: 2010 to 2011 (Graph) Per Capita Personal Income by State: 2011 (Map) Per Capita Personal Income by State: 2011 (Graph) Percent Change in Per Capita Personal Income by State: 2010 to 2011 (Map) Percent Change in Per Capita Personal Income by State: 2010 to 2011 (Graph) Annual Average Wage or Salary per Job by State: 2011 (Map) Annual Average Wage or Salary per Job by State: 2011 (Graph) Percent Change in Annual Average Wage or Salary per Job by State: 2010 to 2011 (Map) Percent Change in Annual Average Wage or Salary per Job by State: 2010 to 2011 (Graph) Real Per Capita Gross Domestic Product (GDP) by State: 2011 (Map) Real Per Capita Gross Domestic Product (GDP) by State: 2011 (Graph) Percent Change in Real Per Capita Gross Domestic Product (GDP) by State: 2010 to 2011 (Map) Percent Change in Real Per Capita Gross Domestic Product (GDP) by State: 2010 to 2011 (Graph) Unemployment Rates by State: 2011 (Map) Unemployment Rates by State: 2011 (Graph) Glossary ii

5 Population and Selected Economic Indicators for the U.S. and States Total Population Nonagricultural Wage and Salary Employment Total Personal Income Per Capita Personal Income Annual Average Wage or Salary per Job Real 1 Per Capita Gross Domestic Product by State Unemployment % Chg r % Chg r % Chg r % Chg r % Chg p % Chg. State July 1, 2011 p '10-'11 (000s) '10-'11 (000s) '10-'11 (000s) '10-'11 (000s) '10-'11 (000s) '10-' r United States 311,591, , $12,949,905, $41, $48, $42, Alabama 4,802, , ,517, , , , Alaska 722, ,002, , , , Arizona 6,482, , ,286, , , , Arkansas 2,937, , ,127, , , , California 37,691, , ,645,138, , , , Colorado 5,116, , ,410, , , , Connecticut 3,580, , ,328, , , , Delaware 907, ,599, , , , Dist. of Col. 617, ,597, , , , Florida 19,057, , ,357, , , , Georgia 9,815, , ,142, , , , Hawaii 1,374, ,014, , , , Idaho 1,584, ,116, , , , Illinois 12,869, , ,662, , , , Indiana 6,516, , ,585, , , , Iowa 3,062, , ,032, , , , Kansas 2,871, , ,385, , , , Kentucky 4,369, , ,509, , , , Louisiana 4,574, , ,356, , , , Maine 1,328, ,868, , , , Maryland 5,828, , ,235, , , , Massachusetts 6,587, , ,242, , , , Michigan 9,876, , ,151, , , , Minnesota 5,344, , ,165, , , , Mississippi 2,978, , ,312, , , , Missouri 6,010, , ,218, , , , Montana 998, ,951, , , , Rate (%) 1

6 Population and Selected Economic Indicators for the U.S. and States (continued) Total Population Nonagricultural Wage and Salary Employment Annual Average Total Personal Per Capita Wage or Income Personal Income Salary per Job Real 1 Per Capita Gross Domestic Product by State Unemployment % Chg r % Chg r % Chg r % Chg r % Chg p % Chg. State July 1, 2011 p '10-'11 (000s) '10-'11 (000s) '10-'11 (000s) '10-'11 (000s) '10-'11 (000s) '10-' r Nebraska 1,842, $78,219, $42, $39, $43, Nevada 2,723, , ,665, , , , New Hampshire 1,318, ,480, , , , New Jersey 8,821, , ,494, , , , New Mexico 2,082, ,073, , , , New York 19,465, , ,184, , , , North Carolina 9,656, , ,904, , , , North Dakota 683, ,306, , , , Ohio 11,544, , ,817, , , , Oklahoma 3,791, , ,861, , , , Oregon 3,871, , ,299, , , , Pennsylvania 12,742, , ,908, , , , Rhode Island 1,051, ,125, , , , South Carolina 4,679, , ,230, , , , South Dakota 824, ,438, , , , Tennessee 6,403, , ,153, , , , Texas 25,674, , ,030,749, , , , Utah 2,817, , ,401, , , , Vermont 626, ,041, , , , Virginia 8,096, , ,311, , , , Washington 6,830, , ,685, , , , West Virginia 1,855, ,975, , , , Wisconsin 5,711, , ,042, , , , Wyoming 568, ,213, , , , p Preliminary. r Revised. 1 Inflation-adjusted (chained 2005) dollars. Source: Population - U.S. Census Bureau, Pop. Est. Div.; Total Nonagricultural Wage and Salary Employment and Unemployment Rate - U.S. Dept. of Labor, Bureau of Labor Statistics; Total Personal Income, Per Capita Personal Income, Annual Average Wage or Salary per Job and Real Per Capita Gross Domestic Product by State - U.S. Dept. of Commerce, Bureau of Economic Analysis. Table prepared by: Bureau of Business and Economic Research, University of New Mexico, October Rate (%) 2

7 Population by State July 1, 2011 D.C. The U.S. population count was 311,591,917. The New Mexico population count was 2,082,224. Source: U.S Cenus Bureau, Population Estimates Division. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, October Population 25,000,000 to 37,691,912 10,000,000 to 24,999,999 6,000,000 to 9,999,999 3,000,000 to 5,999,999 1,000,000 to 2,999, ,158 to 999,999

8 Population by State: July 1, 2011 State California Texas New York Florida Illinois Pennsylvania Ohio Michigan Georgia North Carolina New Jersey Virginia Washington Massachusetts Indiana Arizona Tennessee Missouri Maryland Wisconsin Minnesota Colorado Alabama South Carolina Louisiana Kentucky Oregon Oklahoma Connecticut Iowa Mississippi Arkansas Kansas Utah Nevada New Mexico West Virginia Nebraska Idaho Hawaii Maine New Hampshire Rhode Island Montana Delaware South Dakota Alaska North Dakota Vermont Dist. of Col. Wyoming 0 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000 40,000,000 The 2011 U.S. population is 311,591,917. Population Source: U.S. Census Bureau. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, Oct

9 Percent Change in Population by State July 1, 2010 to July 1, 2011 D.C The change in U.S. population was 0.7%. The change in New Mexico population was 0.8%. Source: U.S. Census Bureau, Population Estimates Division. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, October Percent Change 2.0% to 2.2% 1.5% to 1.9% 1.0% to 1.4% 0.6% to 0.9% 0.1% to 0.5% -0 % to 0.0%

10 Dist. of Col. Texas Utah North Dakota Colorado Washington Alaska Florida Arizona Georgia North Carolina California South Dakota South Carolina Virginia Idaho Oregon Hawaii Oklahoma Delaware New Mexico Maryland United States Montana Tennessee Nevada Nebraska Louisiana Minnesota Wyoming Arkansas Kentucky Massachusetts Kansas Indiana Iowa Alabama New York Wisconsin Mississippi Missouri New Jersey Illinois Pennsylvania Connecticut New Hampshire Vermont Maine Ohio West Virginia Michigan Rhode Island Area Percent Change in Population by State: July 1, 2010 to July 1, Percent (%) Source: U.S. Census Bureau. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, Oct

11 Nonagricultural Wage and Salary Employment (000s) by State 2011 D.C. The U.S. nonagricultural wage & Salary employment was 131,359,000. The New Mexico nonagricultural wage & Salary employment was 804,100. Note: Data subject to further revision. Source: U.S. Dept. of Labor, Bureau of Labor Statistics. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, October Nonagricultural Wage & Salary Employment (000s) 10,000 to 14,061 5,500 to 9,999 3,500 to 5,499 2,000 to 3, to 1, to 899

12 Nonagricultural Wage and Salary Employment (000s) by State: 2011 State California Texas New York Florida Pennsylvania Illinois Ohio Michigan North Carolina Georgia New Jersey Virginia Massachusetts Indiana Washington Wisconsin Minnesota Tennessee Missouri Maryland Arizona Colorado Louisiana Alabama South Carolina Kentucky Connecticut Oregon Oklahoma Iowa Kansas Utah Arkansas Nevada Mississippi Nebraska New Mexico West Virginia Dist. of Col. New Hampshire Idaho Maine Hawaii Rhode Island Montana Delaware South Dakota North Dakota Alaska Vermont Wyoming 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 Employment (000s) U.S. nonagricultural wage and salary employment in 2011 is 131,359,000. Source: U.S. Dept. of Labor, Bureau of Labor Statistics. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, October

13 Percent Change in Nonagricultural Wage and Salary Employment by State 2010 to 2011 D.C. The change in U.S. nonagricultural wage & salary employment was 1.1%. The change in New Mexico nonagricultural wage & salary employment was 0.1%. 9 Percent Change 3.2% to 4.8% 2.0% to 3.1% 1.3% to 1.9% 1.0% to 1.2% 0.1% to 0.9% -0.3% to 0.0%

14 Percent Change in Nonagricultural Wage and Salary Employment by State: 2010 to 2011 Area North Dakota Dist. of Col. Utah Texas Michigan Tennessee Colorado New York Louisiana Oklahoma Minnesota Indiana Washington Maryland Virginia United States Alaska Kentucky Pennsylvania North Carolina South Carolina Florida Georgia Oregon Wyoming Arizona West Virginia Connecticut Ohio Illinois California Hawaii Delaware South Dakota Kansas Nevada Vermont Massachusetts Iowa Idaho Wisconsin Nebraska New Hampshire Rhode Island New Jersey New Mexico Maine Missouri Mississippi Arkansas Alabama Montana Source: U.S. Dept. of Labor, Bureau of Labor Statistics. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, Oct Percent (%) 10

15 Total Personal Income ($000s) by State 2011 D.C. Total Personal Income ($000s) The U.S. total personal income was $12,949,905,000,000. The New Mexico total personal income was $71,073,186,000. Note: Data subject to further revision. Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, October $755,357,550 to $1,645,138,372 $347,904,833 to $755,357,549 $167,517,466 to $347,904,832 $71,073,186 to $167,517,465 $24,261,430 to $71,073,185

16 Total Personal Income ($000s) by State: 2011 State California Texas New York Florida Illinois Pennsylvania New Jersey Ohio Virginia Michigan Georgia Massachusetts North Carolina Washington Maryland Minnesota Tennessee Indiana Missouri Arizona Wisconsin Colorado Connecticut Louisiana Alabama South Carolina Kentucky Oregon Oklahoma Iowa Kansas Nevada Arkansas Mississippi Utah Nebraska New Mexico West Virginia New Hampshire Hawaii Idaho Maine Rhode Island Dist. of Col. Delaware South Dakota Montana Alaska North Dakota Wyoming Vermont $0 $200,000,000 $400,000,000 $600,000,000 $800,000,000 $1,000,000,000 $1,200,000,000 $1,400,000,000 $1,600,000,000 $1,800,000,000 Total U.S. personal income in 2011 is $12,949,905 ($ mil.). Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, Oct Dollars ($000s)

17 Percent Change in Total Personal Income by State 2010 to 2011 D.C. Percent Change The change in U.S. total personal income was 5.2%. The change in New Mexico total personal income was 4.4%. Note: Data subject to further revision. Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, October % to 12.8% 8.0% to 9.9% 6.1% to 7.9% 5.1% to 6.0% 3.8% to 5.0%

18 Percent Change in Total Personal Income by State: 2010 to 2011 Area South Dakota North Dakota Iowa Nebraska Oklahoma Texas Kansas Wyoming Colorado Delaware Utah Dist. of Col. Washington Hawaii Michigan Alaska Minnesota Montana Oregon Virginia Ohio Indiana Georgia United States California North Carolina Idaho Kentucky West Virginia Massachusetts Maryland Arizona Tennessee Arkansas Pennsylvania Vermont South Carolina Maine Connecticut Florida Missouri Louisiana Wisconsin New York New Hampshire New Mexico Rhode Island Illinois New Jersey Mississippi Nevada Alabama Percent (%) Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, Oct

19 Per Capita Personal Income by State 2011 D.C. Per Capita Personal Income The U.S. per capita personal income was $41,560. The New Mexico per capita personal income was $34,133. Note: Data subject to further revision. Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, October $60,000 to $73,783 $50,000 to $59,999 $40,000 to $49,999 $35,000 to $39,999 $32,000 to $34,999

20 Per Capita Personal Income by State: 2011 Dist. of Col. Connecticut Massachusetts New Jersey New York Maryland Wyoming North Dakota Virginia New Hampshire Alaska Minnesota South Dakota Colorado Washington Rhode Island Illinois California Hawaii Nebraska Pennsylvania Vermont United States Delaware Iowa Kansas Texas Florida Wisconsin Louisiana Maine Missouri Ohio Oklahoma Oregon Nevada Tennessee Michigan North Carolina Montana Georgia Indiana Arizona Alabama New Mexico Kentucky Arkansas Utah West Virginia South Carolina Idaho Mississippi Area $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 Dollars ($) Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, Oct

21 Percent Change in Per Capita Personal Income by State 2010 to 2011 D.C. Percent Change The change in U.S. per capita personal income was 4.4%. The change New Mexico per capita personal income was 3.6%. Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, December % to 11.8% 5.0% to 9.9% 4.6% to 4.9% 4.0% to 4.5% 3.3% to 3.9%

22 Percent Change in Per Capita Personal Income by State: 2010 to 2011 South Dakota North Dakota Iowa Nebraska Kansas Oklahoma Michigan Wyoming Ohio Delaware Texas West Virginia Indiana Hawaii Minnesota Montana Colorado Vermont Kentucky Pennsylvania Maine Massachusetts Oregon Virginia Connecticut Rhode Island United States Washington Alaska New Hampshire Utah Missouri Arkansas Idaho Georgia California Maryland Tennessee Wisconsin North Carolina New York Illinois New Jersey Louisiana Arizona Mississippi South Carolina New Mexico Dist. of Col. Alabama Florida Nevada Area Percent (%) Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, Oct

23 Annual Average Wage or Salary Per Job by State 2011 D.C. The U.S. annual average wage/salary per job was $48,301. The New Mexico annual average wage/salary per job was $40,905. Note: Average wage/salary per job is calculated as total wage and salary disbursements divided by all full- and part-time wage and salary workers. The Data are by place of work rather than by place of residence. Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, December Annual Average Wage or Salary Per Job $65,000 to $79,851 $50,000 to $64,999 $45,000 to $49,999 $40,000 to $44,999 $34,997 to $39,999

24 Annual Average Wage or Salary per Job by State: 2011 Area Dist. of Col. New York Connecticut Massachusetts New Jersey California Maryland Virginia Illinois Washington Alaska Colorado Delaware Texas United States Minnesota New Hampshire Rhode Island Georgia Pennsylvania Arizona Michigan Nevada Hawaii Wyoming Florida Oregon Ohio Louisiana North Carolina Missouri Tennessee Wisconsin North Dakota Utah Indiana Kansas New Mexico Oklahoma Alabama Nebraska South Carolina Vermont Kentucky Maine West Virginia Iowa Arkansas Idaho Mississippi Montana South Dakota $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 Dollars ($) Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Graph Prepared by: Bureau of Business and Economic Research, University of New Mexico, Oct

25 Percent Change in Annual Average Wage or Salary Per Job by State 2010 to 2011 D.C. Percent Change The change in U.S. annual average wage/salary per job was 2.8%. The change in New Mexico annual average wage/salary per job was 2.1%. Note: Average wage/salary per job is calculated as total wage and salary disbursements divided by all full- and part-time wage and salary workers. The Data are by place of work rather than by place of residence. Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, December % to 9.2% 3.5% to 4.9% 3.0% to 3.4% 2.5% to 2.9% 1.6% to 2.4%

26 Area North Dakota Oklahoma Texas West Virginia Washington Delaware Oregon Wyoming Montana California Massachusetts South Dakota Michigan Arkansas Ohio Pennsylvania Illinois Iowa Kansas Arizona United States Nebraska Connecticut Georgia New Hampshire Indiana Colorado Wisconsin Kentucky New York Alaska North Carolina Maryland Rhode Island South Carolina Minnesota Utah Louisiana Virginia Missouri Alabama Tennessee New Mexico Vermont Hawaii New Jersey Mississippi Maine Idaho Florida Nevada Dist. of Col. Percent Change in Annual Average Wage or Salary per Job by State: 2010 to Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, Oct Percent (%) 22

27 Real Per Capita Gross Domestic Product (GDP) by State (Chained 2005 Dollars) 2011 D.C. Real Per Capita GDP $65,000 to $148,291 The U.S. real per capita GDP was $42,070. The New Mexico real per capita GDP was $33,857. Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, December $50,000 to $64,999 $40,000 to $49,999 $35,000 to $39,999 $28,293 to $34,999

28 Real Per Capita Gross Domestic Product (GDP) by State: 2011 (Chained 2005 Dollars) Mississippi West Virginia South Carolina Arkansas Alabama Montana Kentucky Idaho Maine New Mexico Michigan Florida Arizona Oklahoma Missouri Ohio Tennessee Vermont Indiana Georgia Utah Wisconsin Pennsylvania Kansas North Carolina Nevada Rhode Island South Dakota Iowa United States Hawaii New Hampshire Nebraska Texas Louisiana Illinois Maryland Washington Colorado Minnesota California Virginia Oregon New Jersey North Dakota New York Massachusetts Wyoming Connecticut Alaska Delaware.Dist. of Col $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $110,000 $120,000 $130,000 $140,000 $150,000 Dollars ($) Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, Oct Area

29 Percent Change Real Per Capita Gross Domestic Product (GDP) by State 2010 to 2011 D.C. Percent Change 5.0% to 6.2% The change in U.S. real per capita GDP was 0.7%. The change in New Mexico real per capita GDP was -0.6%. Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, December % to 4.9% 1.0% to 1.9% 0.0% to 0.9% -1.8% to -0.1%

30 Percent Change in Real Per Capita Gross Domestic Product (GDP) by State 2010 to 2011 North Dakota West Virginia Oregon Michigan Connecticut Massachusetts Texas Iowa New Hampshire Alaska Tennessee Illinois Ohio California Pennsylvania Rhode Island North Carolina Wisconsin Delaware Indiana New York United States Georgia Washington Minnesota Colorado Utah Nevada Arizona Vermont South Carolina Oklahoma Maryland Kansas Kentucky Louisiana South Dakota Missouri Dist. of Col. Arkansas Idaho Maine Nebraska New Mexico Virginia Florida Montana New Jersey Hawaii Mississippi Alabama Wyoming Area Percent (%) Source: U.S. Dept. of Commerce, Bureau of Economic Analysis. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, Oct

31 Unemployment Rates (%) by State 2011 D.C. The U.S. unemployment rate was 8.9%. The New Mexico unemployment rate was 7.4%. Source: U.S. Dept. of Labor, Bureau of Labor Statistics. Map prepared by: Bureau of Business & Economic Research, University of New Mexico, December Unemployment Rates 3.5% to 5.4% 5.5% to 6.9% 7.0% to 7.9% 8.0% to 8.9% 9.0% to 9.9% 10.0% to 13.5%

32 Unemployment Rates (%) by State: 2011 Area North Dakota Nebraska South Dakota New Hampshire Vermont Iowa Wyoming Virginia Oklahoma Minnesota Utah Kansas Hawaii Montana Maryland Louisiana Delaware New Mexico Massachusetts Wisconsin Maine Alaska Texas Pennsylvania West Virginia Arkansas New York Colorado Ohio Missouri Idaho Connecticut United States Indiana Alabama Washington Tennessee New Jersey Oregon Kentucky Arizona Illinois Georgia Dist. of Col. South Carolina Michigan North Carolina Florida Mississippi Rhode Island California Nevada Source: U.S. Dept. of Labor, Bureau of Labor Statistics. Graph prepared by: Bureau of Business and Economic Research, University of New Mexico, October Percent (%)

33 Glossary Annual Average Wage/Salary per Job Average wage and salary disbursements are total wage and salary disbursements divided by the number of wage and salary jobs (total wage and salary employment). Wage and salary disbursements consists of the monetary remuneration of employees, including the compensation of corporate officers; commissions, tips, and bonuses; and receipts in kind, or pay-in-kind, such as the meals furnished to the employees of restaurants. It reflects the amount of payments disbursed, but not necessarily earned during the year. Civilian Labor Force - The civilian labor force is the total labor force, excluding persons in the Armed Forces. The civilian labor force consists of both employed and unemployed persons 16 years of age and older. Employed - Employed persons are those individuals, 16 years of age and older, who did any work at all during the survey week as paid employees, or in their own business, profession or farm, or who worked 15 hours or more as unpaid workers in a family operated business. Also counted as employed are those persons who had jobs or businesses from which they were temporarily absent because of illness, bad weather, vacation, labor-management dispute, or personal reasons. Individuals are counted only once even though they may hold more than one job. Employment figures relate to place of residence, and not to place of work. Persons in the Armed Forces are excluded. Unemployed - Persons 16 years and over who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed. Nonagricultural Wage and Salary Employment (Jobs) - Nonagricultural wage and salary jobs refers only to employees on establishment payrolls during the survey week in each month and excludes self-employed persons, unpaid family workers, domestic workers, agricultural workers, the Armed Forces, and workers involved in labor-management disputes. Nonagricultural wage and salary employment figures relate to place of work of the workers and not to their place of residence. The payroll records may count a person more than once to the extent that multiple job holding exists during the payroll period. In addition, the payroll data include commuters who live outside the labor area, but not commuters who work outside the area. Per Capita Personal Income Per capita personal income is the total personal income of an area divided by the resident population. Personal Income Personal income data are by place of residence. Total income includes income received by persons from all sources. It includes income received from participation in production as well as from government and business transfer payments (such as, Social Security benefit payments and Medicaid payments to health care providers on behalf of low income persons). It is the sum of compensation of employees (received), supplements to wages and salaries, proprietors' income with inventory valuation adjustment (IVA) and capital consumption adjustment, rental income of persons, personal income receipts on assets, and personal current transfer receipts, less contributions for government social insurance. 29

34 Population Total population is the mid-year estimate of all persons residing in the state. Real Per Capita Gross Domestic Product (GDP) by State GDP by state is the value added in production by the labor and capital located in a state. GDP for a state is derived as the sum of the GDP originating in all industries in the state. In concept, an industry's GDP, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). Real GDP is an inflation-adjusted measure of each state's gross product that is based on national prices for the goods and services produced within the state. Per capita real GDP is calculated by dividing the real GDP for a state by the resident population of the state. In its calculation, the Bureau of Economic Analysis uses the Census Bureau's annual mid-year population estimate. Unemployment Rate - The unemployment rate is the number of unemployed persons residing in an area expressed as a percent of the area s civilian labor force. 30

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