| Jefferson County vs. Ohio Comparative Trends Report: Total Industry Earnings, 1969-2022 Briefing Report Outline: 1. | Introduction | 2. | Line Graph - Jefferson County Total Industry Earnings, 1970-2022, Current vs. Constant Dollars | 3. | Line Graph - Jefferson County and Ohio Real Total Industry Earnings, 1969-2022 | 4. | Line Graph - Real Total Industry Earnings Indices: Jefferson County, Ohio and United States, 1969-2022 | 5. | Line Graph - Total Industry Earnings as a Percent of the Ohio Total: Jefferson County, 1969-2022 | 6. | Line Graph - Jefferson County Real Total Industry Earnings: Annual Percent Change, 1970-2022 | 7. | Line Graph - Jefferson County Real Total Industry Earnings: Annual Percent Change and Decade Averages Over 1970-2022 | 8. | Bar Chart - Real Total Industry Earnings Growth: Average Annual Percent Change By Decade | 9. | Table - Jefferson County: Total Industry Earnings, 1969-2022 | 10. | Table - Ohio: Total Industry Earnings, 1969-2022 | 11. | Table - United States: Total Industry Earnings, 1969-2022 |
Introduction Jefferson County: 2022 Earnings = $1,458,055K 2022 Percent of State = 0.31% Ohio: 2022 Earnings = $471,244,916K 2022 Percent of U.S. = 3.10% Industry earnings are incomes received by people who are directly involved with producing goods and services. Earnings, referred to also as "labor and proprietors income", include (1) wage and salary disbursements, (2) other labor income such as employer contributions to private retirement and medical insurance programs, and (3) the net incomes of proprietors (i.e., the owners of unincorporated enterprises). In contrast to the more frequently cited employment data, earnings data more accurately reflect qualitative differences in labor's contributions toward the production of goods and services, namely the productivity differences reflected in variations in earnings per job. Earnings data, therefore, are better for comparing and tracking long-term trends and identifying short-run shifts in the level and composition of economic activity within and among counties. Just like the employment data compiled by BEA, earnings data are reported on a place-of-work, or more accurately on a place-where-earned, basis. Note: the BEA earnings data presented and discussed here in the context of comparing and assessing the economic growth and performance of county and regional economies are entirely separate and apart from--and should not be confused with--corporate earnings, which are compiled from the balance sheets of individual private corporations. Figure 1. Figure 1 depicts Jefferson County's annual total industry earnings over 1970-2022 in current and constant (2017) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of Jefferson County over time. When measured in current dollars, Jefferson County's total industry earnings increased 440.12%, from $270M in 1970 to $1,458M in 2022. When measured in constant 2017 dollars to adjust for inflation, it declined -8.00%, from $1,366M in 1970 to $1,256M in 2022. Figure 2. Figure 2 traces Jefferson County's and Ohio's annual real total industry earnings for the period 1969-2022 to illustrate real total industry earnings patterns over time. During this 54-year period, Jefferson County's real total industry earnings dropped from $1,312M in 1969 to $1,256M in 2022, for a net loss of ($55)M, or -4.20%. In comparison, Ohio's real total industry earnings increased from $189,815M in 1969 to $406,095M in 2022, for a net gain of $216,280M, or 113.94%. Figure 3. Figure 3 shows Jefferson County's real total industry earnings growth in a broader context by offering direct comparisons across time with Ohio, the United States. The growth indices shown here express each region's real total industry earnings in 1969 as a base figure of 100, and the real total industry earningss in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real total industry earnings growth between regions that may differ vastly in size. Jefferson County's overall real total industry earnings growth was -4.20% over 1969-2022 trailed Ohio's increase of 113.94%, and fell below the United States' increase of 278.59%. Figure 4. Another interesting and insightful way of highlighting the total industry earnings growth of Jefferson County is to trace its individual percentage contributions to Ohio's statewide total industry earnings over time, as shown in Figure 4. A rising share means a region's total industry earnings grew faster, or declined less, than Ohio's total industry earnings, while a declining share shows it grew more slowly. In 1969, Jefferson County's total industry earnings totaled 0.69% of Ohio's total industry earnings, while in 2022 it comprised 0.31% thereby yielding a -0.38% share-shift. | | | | Total Industry Earnings Share-Shift 2022 vs. 1969 | Share- Shift* | | 2022 | vs. | 1969 | | -0.38% | = | 0.31% | - | 0.69% |
| | | | |
Figure 5. Figure 5 displays the short-run pattern of Jefferson County's real total industry earnings growth by tracking the year-to-year percent change over 1970-2022. The average annual percent change for the entire 53-year period is also traced on this chart to provide a benchmark for gauging periods of relative high--and relative low--growth against the backdrop of the long-term average. On average, Jefferson County's real total industry earnings grew at an annual rate of 0.04% over 1970-2022. The county posted its highest growth in 1998 (15.59%) and recorded its lowest growth in 2009 (-10.90%). In 2022, Jefferson County's real total industry earnings declined by -1.49% Figure 6. Over the past five decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again illustrates the annual percent change in Jefferson County's real total industry earnings since 1970, but this time they are displayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022. During the 1970s, Jefferson County's annual real total industry earnings growth rate averaged 2.45%. It averaged -2.66% during the 1980s, 0.85% in the 1990s, 0.70% in the 2000s, -0.79% throughout the 2010s, -1.11% thus far this decade (2020-2022). Figure 7. Figure 7 compares the decade average growth rates for Jefferson County noted in the previous graph with the corresponding decade averages for Ohio and the nation. As the chart reveals, Jefferson County's average annual real total industry earnings growth led Ohio's average in the 1970s (2.45% vs. 1.95%), lagged Ohio's average in the 1980s (-2.66% vs. 1.14%), recorded under Ohio's average during the 1990s (0.85% vs. 2.68%), outgained Ohio's average throughout the 2000s (0.70% vs. 0.07%), posted below Ohio's average in the 2010s (-0.79% vs. 1.87%), and lagged Ohio's average over the 3 year period of the current decade, 2020-2022 (-1.11% vs. 0.49%). Finally, relative to nationwide real total industry earnings growth trends, Jefferson County fell below the nation in the 1970s (2.45% vs. 3.13%), recorded underneath the nation over the 1980s (-2.66% vs. 2.62%), fell under the nation during the 1990s (0.85% vs. 3.43%), fell under the nation during the 2000s (0.70% vs. 1.47%), posted below the nation over the 2010s (-0.79% vs. 2.53%), and lagged the nation over 2020-2022 (-1.11% vs. 1.48%). | | | | Real* Total Industry Earnings Growth: Average Annual Percent Change | | | | | | | | | | | | | | | | | | | | | 0.04 | 2.45 | -2.66 | 0.85 | 0.70 | -0.79 | -1.11 | -1.49 | | | 1.48 | 1.95 | 1.14 | 2.68 | 0.07 | 1.87 | 0.49 | -0.79 | | | 2.57 | 3.13 | 2.62 | 3.43 | 1.47 | 2.53 | 1.48 | 0.05 |
| | | | |
Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data. | | | | Jefferson County: Total Industry Earnings, 1969-2022 | | | | | | | | | 1969 | | 247,660 | 0.189 | 1,311,550 | 100.0 | N | 0.69 | 1970 | | 269,949 | 0.198 | 1,365,724 | 104.1 | 4.13 | 0.73 | 1971 | | 277,626 | 0.206 | 1,347,372 | 102.7 | -1.34 | 0.71 | 1972 | | 300,891 | 0.213 | 1,412,103 | 107.7 | 4.80 | 0.71 | 1973 | | 328,933 | 0.225 | 1,464,854 | 111.7 | 3.74 | 0.69 | 1974 | | 374,199 | 0.248 | 1,509,293 | 115.1 | 3.03 | 0.73 | 1975 | | 412,356 | 0.269 | 1,535,205 | 117.1 | 1.72 | 0.78 | 1976 | | 482,965 | 0.283 | 1,704,602 | 130.0 | 11.03 | 0.82 | 1977 | | 510,156 | 0.302 | 1,690,602 | 128.9 | -0.82 | 0.78 | 1978 | | 528,899 | 0.323 | 1,638,676 | 124.9 | -3.07 | 0.72 | 1979 | | 583,110 | 0.351 | 1,659,249 | 126.5 | 1.26 | 0.72 | 1980 | | 612,208 | 0.389 | 1,572,667 | 119.9 | -5.22 | 0.73 | 1981 | | 596,232 | 0.424 | 1,405,710 | 107.2 | -10.62 | 0.67 | 1982 | | 610,914 | 0.448 | 1,364,531 | 104.0 | -2.93 | 0.68 | 1983 | | 579,236 | 0.467 | 1,240,972 | 94.6 | -9.06 | 0.61 | 1984 | | 627,142 | 0.484 | 1,294,705 | 98.7 | 4.33 | 0.59 | 1985 | | 593,196 | 0.501 | 1,183,363 | 90.2 | -8.60 | 0.52 | 1986 | | 628,114 | 0.512 | 1,226,330 | 93.5 | 3.63 | 0.53 | 1987 | | 641,326 | 0.528 | 1,214,587 | 92.6 | -0.96 | 0.51 | 1988 | | 662,932 | 0.549 | 1,208,297 | 92.1 | -0.52 | 0.48 | 1989 | | 715,011 | 0.573 | 1,248,688 | 95.2 | 3.34 | 0.49 | 1990 | | 782,639 | 0.598 | 1,309,308 | 99.8 | 4.85 | 0.51 | 1991 | | 765,568 | 0.618 | 1,239,305 | 94.5 | -5.35 | 0.49 | 1992 | | 827,867 | 0.634 | 1,305,372 | 99.5 | 5.33 | 0.49 | 1993 | | 830,716 | 0.650 | 1,278,025 | 97.4 | -2.09 | 0.47 | 1994 | | 859,392 | 0.664 | 1,295,123 | 98.7 | 1.34 | 0.46 | 1995 | | 843,042 | 0.678 | 1,244,269 | 94.9 | -3.93 | 0.43 | 1996 | | 847,349 | 0.692 | 1,224,440 | 93.4 | -1.59 | 0.42 | 1997 | | 792,732 | 0.704 | 1,125,928 | 85.8 | -8.05 | 0.37 | 1998 | | 923,620 | 0.710 | 1,301,478 | 99.2 | 15.59 | 0.41 | 1999 | | 959,741 | 0.720 | 1,332,955 | 101.6 | 2.42 | 0.40 | 2000 | | 972,434 | 0.738 | 1,317,269 | 100.4 | -1.18 | 0.39 | 2001 | | 1,052,269 | 0.753 | 1,397,398 | 106.5 | 6.08 | 0.41 | 2002 | | 1,093,864 | 0.763 | 1,433,805 | 109.3 | 2.61 | 0.42 | 2003 | | 1,116,707 | 0.779 | 1,433,624 | 109.3 | -0.01 | 0.42 | 2004 | | 1,128,512 | 0.798 | 1,413,697 | 107.8 | -1.39 | 0.40 | 2005 | | 1,153,281 | 0.821 | 1,404,265 | 107.1 | -0.67 | 0.40 | 2006 | | 1,218,018 | 0.844 | 1,442,466 | 110.0 | 2.72 | 0.41 | 2007 | | 1,298,348 | 0.866 | 1,499,126 | 114.3 | 3.93 | 0.43 | 2008 | | 1,414,166 | 0.892 | 1,585,921 | 120.9 | 5.79 | 0.46 | 2009 | | 1,256,472 | 0.889 | 1,413,021 | 107.7 | -10.90 | 0.42 | 2010 | | 1,172,775 | 0.905 | 1,295,684 | 98.8 | -8.30 | 0.39 | 2011 | | 1,208,354 | 0.928 | 1,302,049 | 99.3 | 0.49 | 0.38 | 2012 | | 1,195,149 | 0.945 | 1,264,253 | 96.4 | -2.90 | 0.36 | 2013 | | 1,192,412 | 0.958 | 1,244,936 | 94.9 | -1.53 | 0.35 | 2014 | | 1,213,801 | 0.971 | 1,249,782 | 95.3 | 0.39 | 0.34 | 2015 | | 1,215,772 | 0.973 | 1,249,522 | 95.3 | -0.02 | 0.33 | 2016 | | 1,232,887 | 0.983 | 1,254,413 | 95.6 | 0.39 | 0.33 | 2017 | | 1,266,169 | 1.000 | 1,266,169 | 96.5 | 0.94 | 0.33 | 2018 | | 1,299,277 | 1.020 | 1,273,214 | 97.1 | 0.56 | 0.32 | 2019 | | 1,345,439 | 1.035 | 1,299,778 | 99.1 | 2.09 | 0.32 | 2020 | | 1,321,283 | 1.046 | 1,262,754 | 96.3 | -2.85 | 0.32 | 2021 | | 1,390,335 | 1.090 | 1,275,525 | 97.3 | 1.01 | 0.31 | 2022 | | 1,458,055 | 1.160 | 1,256,478 | 95.8 | -1.49 | 0.31 |
Source: Calculations by the Ohio Regional Economic Analysis Project (OH-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1400_1200_PSN | | | | |
Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data. | | | | Ohio: Total Industry Earnings, 1969-2022 | | | | | | | | | 1969 | | 35,842,808 | 0.189 | 189,815,220 | 100.0 | N | 5.48 | 1970 | | 37,169,979 | 0.198 | 188,050,081 | 99.1 | -0.93 | 5.36 | 1971 | | 39,049,787 | 0.206 | 189,516,074 | 99.8 | 0.78 | 5.26 | 1972 | | 42,547,164 | 0.213 | 199,676,948 | 105.2 | 5.36 | 5.19 | 1973 | | 47,515,685 | 0.225 | 211,604,030 | 111.5 | 5.97 | 5.17 | 1974 | | 51,227,604 | 0.248 | 206,621,240 | 108.9 | -2.35 | 5.15 | 1975 | | 53,001,347 | 0.269 | 197,324,449 | 104.0 | -4.50 | 5.00 | 1976 | | 58,820,082 | 0.283 | 207,602,732 | 109.4 | 5.21 | 5.01 | 1977 | | 65,718,128 | 0.302 | 217,782,768 | 114.7 | 4.90 | 5.04 | 1978 | | 73,130,390 | 0.323 | 226,578,232 | 119.4 | 4.04 | 4.95 | 1979 | | 80,435,303 | 0.351 | 228,880,013 | 120.6 | 1.02 | 4.88 | 1980 | | 83,894,784 | 0.389 | 215,512,700 | 113.5 | -5.84 | 4.70 | 1981 | | 89,320,865 | 0.424 | 210,587,917 | 110.9 | -2.29 | 4.55 | 1982 | | 90,318,359 | 0.448 | 201,734,067 | 106.3 | -4.20 | 4.40 | 1983 | | 95,229,885 | 0.467 | 204,023,235 | 107.5 | 1.13 | 4.35 | 1984 | | 106,678,371 | 0.484 | 220,232,397 | 116.0 | 7.94 | 4.39 | 1985 | | 113,903,546 | 0.501 | 227,225,395 | 119.7 | 3.18 | 4.35 | 1986 | | 119,629,367 | 0.512 | 233,564,433 | 123.0 | 2.79 | 4.29 | 1987 | | 126,623,982 | 0.528 | 239,809,064 | 126.3 | 2.67 | 4.23 | 1988 | | 136,896,132 | 0.549 | 249,514,503 | 131.5 | 4.05 | 4.20 | 1989 | | 145,654,241 | 0.573 | 254,369,014 | 134.0 | 1.95 | 4.20 | 1990 | | 153,275,603 | 0.598 | 256,420,917 | 135.1 | 0.81 | 4.17 | 1991 | | 156,786,335 | 0.618 | 253,806,351 | 133.7 | -1.02 | 4.14 | 1992 | | 167,858,269 | 0.634 | 264,677,182 | 139.4 | 4.28 | 4.14 | 1993 | | 175,267,189 | 0.650 | 269,641,829 | 142.1 | 1.88 | 4.14 | 1994 | | 186,265,239 | 0.664 | 280,705,948 | 147.9 | 4.10 | 4.18 | 1995 | | 193,879,348 | 0.678 | 286,151,885 | 150.8 | 1.94 | 4.15 | 1996 | | 202,348,485 | 0.692 | 292,398,429 | 154.0 | 2.18 | 4.08 | 1997 | | 214,221,279 | 0.704 | 304,261,336 | 160.3 | 4.06 | 4.05 | 1998 | | 227,490,743 | 0.710 | 320,558,489 | 168.9 | 5.36 | 3.99 | 1999 | | 238,238,407 | 0.720 | 330,882,081 | 174.3 | 3.22 | 3.91 | 2000 | | 249,957,751 | 0.738 | 338,595,203 | 178.4 | 2.33 | 3.79 | 2001 | | 255,678,501 | 0.753 | 339,537,464 | 178.9 | 0.28 | 3.72 | 2002 | | 260,080,921 | 0.763 | 340,906,425 | 179.6 | 0.40 | 3.71 | 2003 | | 268,238,406 | 0.779 | 344,363,373 | 181.4 | 1.01 | 3.70 | 2004 | | 280,150,739 | 0.798 | 350,947,347 | 184.9 | 1.91 | 3.65 | 2005 | | 285,960,312 | 0.821 | 348,192,814 | 183.4 | -0.78 | 3.56 | 2006 | | 297,124,129 | 0.844 | 351,876,041 | 185.4 | 1.06 | 3.49 | 2007 | | 305,326,636 | 0.866 | 352,542,677 | 185.7 | 0.19 | 3.44 | 2008 | | 308,875,009 | 0.892 | 346,388,930 | 182.5 | -1.75 | 3.43 | 2009 | | 295,714,148 | 0.889 | 332,558,280 | 175.2 | -3.99 | 3.40 | 2010 | | 304,002,535 | 0.905 | 335,862,447 | 176.9 | 0.99 | 3.37 | 2011 | | 320,788,840 | 0.928 | 345,662,730 | 182.1 | 2.92 | 3.40 | 2012 | | 333,245,896 | 0.945 | 352,514,329 | 185.7 | 1.98 | 3.38 | 2013 | | 345,199,656 | 0.958 | 360,405,149 | 189.9 | 2.24 | 3.39 | 2014 | | 355,784,012 | 0.971 | 366,330,672 | 193.0 | 1.64 | 3.35 | 2015 | | 367,721,929 | 0.973 | 377,929,813 | 199.1 | 3.17 | 3.33 | 2016 | | 374,109,439 | 0.983 | 380,641,243 | 200.5 | 0.72 | 3.31 | 2017 | | 388,338,866 | 1.000 | 388,338,866 | 204.6 | 2.02 | 3.28 | 2018 | | 401,790,815 | 1.020 | 393,731,139 | 207.4 | 1.39 | 3.23 | 2019 | | 414,325,440 | 1.035 | 400,264,160 | 210.9 | 1.66 | 3.19 | 2020 | | 419,057,596 | 1.046 | 400,494,668 | 211.0 | 0.06 | 3.18 | 2021 | | 446,170,298 | 1.090 | 409,326,793 | 215.6 | 2.21 | 3.12 | 2022 | | 471,244,916 | 1.160 | 406,095,082 | 213.9 | -0.79 | 3.10 |
Source: Calculations by the Ohio Regional Economic Analysis Project (OH-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1400_1200_PSN | | | | |
Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data. | | | | United States: Total Industry Earnings, 1969-2022 | | | | | | | | 1969 | | 653,665,000 | 0.189 | 3,461,658,635 | 100.0 | N | 1970 | | 693,352,000 | 0.198 | 3,507,801,275 | 101.3 | 1.33 | 1971 | | 742,094,000 | 0.206 | 3,601,523,902 | 104.0 | 2.67 | 1972 | | 819,646,000 | 0.213 | 3,846,658,532 | 111.1 | 6.81 | 1973 | | 918,964,000 | 0.225 | 4,092,469,383 | 118.2 | 6.39 | 1974 | | 993,909,000 | 0.248 | 4,008,829,105 | 115.8 | -2.04 | 1975 | | 1,059,492,000 | 0.269 | 3,944,497,394 | 113.9 | -1.60 | 1976 | | 1,173,271,000 | 0.283 | 4,141,005,188 | 119.6 | 4.98 | 1977 | | 1,303,767,000 | 0.302 | 4,320,542,816 | 124.8 | 4.34 | 1978 | | 1,476,080,000 | 0.323 | 4,573,305,242 | 132.1 | 5.85 | 1979 | | 1,648,363,000 | 0.351 | 4,690,444,754 | 135.5 | 2.56 | 1980 | | 1,784,597,000 | 0.389 | 4,584,353,165 | 132.4 | -2.26 | 1981 | | 1,961,173,000 | 0.424 | 4,623,772,250 | 133.6 | 0.86 | 1982 | | 2,053,729,000 | 0.448 | 4,587,185,902 | 132.5 | -0.79 | 1983 | | 2,188,018,000 | 0.467 | 4,687,672,466 | 135.4 | 2.19 | 1984 | | 2,432,402,000 | 0.484 | 5,021,577,654 | 145.1 | 7.12 | 1985 | | 2,615,791,000 | 0.501 | 5,218,223,348 | 150.7 | 3.92 | 1986 | | 2,786,901,000 | 0.512 | 5,441,146,840 | 157.2 | 4.27 | 1987 | | 2,996,000,000 | 0.528 | 5,674,027,499 | 163.9 | 4.28 | 1988 | | 3,259,979,000 | 0.549 | 5,941,819,010 | 171.6 | 4.72 | 1989 | | 3,467,027,000 | 0.573 | 6,054,778,994 | 174.9 | 1.90 | 1990 | | 3,679,460,000 | 0.598 | 6,155,516,520 | 177.8 | 1.66 | 1991 | | 3,789,428,000 | 0.618 | 6,134,341,309 | 177.2 | -0.34 | 1992 | | 4,059,023,000 | 0.634 | 6,400,225,481 | 184.9 | 4.33 | 1993 | | 4,237,437,000 | 0.650 | 6,519,133,846 | 188.3 | 1.86 | 1994 | | 4,456,948,000 | 0.664 | 6,716,721,924 | 194.0 | 3.03 | 1995 | | 4,674,849,000 | 0.678 | 6,899,738,761 | 199.3 | 2.72 | 1996 | | 4,956,180,000 | 0.692 | 7,161,799,344 | 206.9 | 3.80 | 1997 | | 5,288,047,000 | 0.704 | 7,510,683,597 | 217.0 | 4.87 | 1998 | | 5,707,014,000 | 0.710 | 8,041,785,619 | 232.3 | 7.07 | 1999 | | 6,098,042,000 | 0.720 | 8,469,385,147 | 244.7 | 5.32 | 2000 | | 6,598,743,000 | 0.738 | 8,938,721,519 | 258.2 | 5.54 | 2001 | | 6,865,291,000 | 0.753 | 9,117,010,172 | 263.4 | 1.99 | 2002 | | 7,001,002,000 | 0.763 | 9,176,707,606 | 265.1 | 0.65 | 2003 | | 7,243,377,000 | 0.779 | 9,299,017,896 | 268.6 | 1.33 | 2004 | | 7,674,785,000 | 0.798 | 9,614,272,113 | 277.7 | 3.39 | 2005 | | 8,039,238,000 | 0.821 | 9,788,788,097 | 282.8 | 1.82 | 2006 | | 8,519,349,000 | 0.844 | 10,089,233,775 | 291.5 | 3.07 | 2007 | | 8,866,261,000 | 0.866 | 10,237,349,175 | 295.7 | 1.47 | 2008 | | 9,014,085,000 | 0.892 | 10,108,876,304 | 292.0 | -1.25 | 2009 | | 8,688,913,000 | 0.889 | 9,771,497,172 | 282.3 | -3.34 | 2010 | | 9,023,916,000 | 0.905 | 9,969,635,637 | 288.0 | 2.03 | 2011 | | 9,444,387,000 | 0.928 | 10,176,702,513 | 294.0 | 2.08 | 2012 | | 9,854,834,000 | 0.945 | 10,424,645,101 | 301.1 | 2.44 | 2013 | | 10,180,570,000 | 0.958 | 10,629,007,841 | 307.0 | 1.96 | 2014 | | 10,613,874,000 | 0.971 | 10,928,505,678 | 315.7 | 2.82 | 2015 | | 11,039,821,000 | 0.973 | 11,346,284,134 | 327.8 | 3.82 | 2016 | | 11,311,477,000 | 0.983 | 11,508,970,941 | 332.5 | 1.43 | 2017 | | 11,848,205,000 | 1.000 | 11,848,205,000 | 342.3 | 2.95 | 2018 | | 12,438,590,000 | 1.020 | 12,189,079,542 | 352.1 | 2.88 | 2019 | | 12,989,097,000 | 1.035 | 12,548,276,062 | 362.5 | 2.95 | 2020 | | 13,158,025,000 | 1.046 | 12,575,166,053 | 363.3 | 0.21 | 2021 | | 14,278,043,000 | 1.090 | 13,099,001,844 | 378.4 | 4.17 | 2022 | | 15,207,952,000 | 1.160 | 13,105,445,395 | 378.6 | 0.05 |
Source: Calculations by the Ohio Regional Economic Analysis Project (OH-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1400_1200_PN | | | | |
A Special Thanks to Our Hosts & Sponsors: | |