Preble County vs. Ohio
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2017
Introduction
Preble County:
2017 TPI = $1,577,850K
2017 Percent of State = 0.3%
Ohio:
2017 TPI = $544,828,473K
2017 Percent of State = 3.2%
The annual total personal incomes (TPI) estimates compiled by the Bureau of Economic Analysis, (BEA) are among the most comprehensive, consistent, comparable and timely measures of economic activity available statewide and at the national levels. Personal income estimates are also the best available local level indicator of general purchasing power, and are therefore central to tracking and comparing county patterns of economic growth and change.
The following graphs highlight trends in the pattern of growth and change in the total personal income of Preble County and Ohio with comparison to the nation. The data used are those compiled by the Regional Income and Product Divisions of the Bureau of Economic Analysis, U.S. Department of Commerce. The 2012 constant dollar (real) estimates of total personal income reported in the tables and portrayed graphically below are determined using the Chain-Weight Implicit Price Deflator for Personal Consumption.
Data Definition:
Personal Income is the income that is received by all persons from all sources. It is calculated as the sum of wage and salary disbursements, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insurance. The personal income of an area is the income that is received by, or on behalf of, all the individuals who live in the area; therefore, the estimates of personal income are presented by the place of residence of the income recipients.
Preble County Total Personal Income, 1969-2017
Current vs. Constant Dollars (Millions)
Preble County Total Personal Income, 1969-2017
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Preble County's annual total personal income over 1969-2017 in current and constant (2012) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of Preble County over time.
When measured in current dollars, Preble County's total personal income increased 1,153.0%, from $126M in 1969 to $1,578M in 2017. When measured in constant 2012 dollars to adjust for inflation, it advanced 136.4%, from $629M in 1969 to $1,488M in 2017.
Real Total Personal Income, 1969-2017 (Millions)
Real Total Personal Income, 1969-2017 (Millions)
Figure 2.
Figure 2 traces Preble County's and Ohio's annual real total personal income for the period 1969-2017 to illustrate real total personal income patterns over time. During this 49-year period, Preble County's real total personal income rose from $629M in 1969 to $1,488M in 2017, for a net gain of $858M, or 136.4%. In comparison, Ohio's real total personal income increased from $208,917M in 1969 to $513,635M in 2017, for a net advance of $304,719M, or 145.9%.
Real Total Personal Income Indices (1969=100): 1969-2017
Real Total Personal Income Indices (1969=100): 1969-2017
Figure 3.
Figure 3 shows Preble County's real total personal income 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 personal income in 1969 as a base figure of 100, and the real total personal incomes in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real total personal income growth between regions that may differ vastly in size.
Preble County's overall real total personal income growth was 136.4% over 1969-2017 trailed Ohio's increase of 145.9%, and fell below the United States' increase of 301.2%.
Total Personal Income as a Percent of the Ohio Total: 1969-2017
Total Personal Income as a Percent of the Ohio Total: 1969-2017
Figure 4.
Another interesting and insightful way of highlighting the total personal income growth of Preble County is to trace its individual percentage contributions to Ohio's statewide total personal income over time, as shown in Figure 4. A rising share means a region's total personal income grew faster, or declined less, than Ohio's total personal income, while a declining share shows it grew more slowly.
In 1969, Preble County's total personal income comprised 0.30% of Ohio's total personal income, while in 2017 it equated to 0.29% thereby yielding a -0.01% share-shift.
   
 
Total Personal Income Share-Shift
2017 vs. 1969
 
Share-
Shift*
 
2017
vs.
1969
-0.01%
=
0.29%
-
0.30%
 
   
Preble County Real Total Personal Income:
Annual Percent Change, 1970-2017
Preble County Real Total Personal Income:
Annual Percent Change, 1970-2017
Figure 5.
Figure 5 displays the short-run pattern of Preble County's real total personal income growth by tracking the year-to-year percent change over 1970-2017. The average annual percent change for the entire 48-year period is also illustrated 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, Preble County's real total personal income grew at an annual rate of 1.87% over 1970-2017. The county posted its highest growth in 1984 (12.09%) and recorded its lowest growth in 1991 (-4.65%). In 2017, Preble County's real total personal income grew by 0.27%
Preble County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2017
Preble County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2017
Figure 6.
Over the past four decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again shows the annual percent change in Preble County's real total personal income since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, and 2010-2017.
During the 1970s, Preble County's annual real total personal income growth rate averaged 3.11%. It averaged 1.46% throughout the 1980s, 2.73% throughout the 1990s, 0.69% throughout the 2000s, and 1.22% thus far this decade (2010 to 2017).
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Preble County noted in the previous graph with the corresponding decade averages for Ohio and the nation. As the chart reveals, Preble County's average annual real total personal income growth outgained Ohio's average throughout the 1970s (3.11% vs. 2.36%), posted below Ohio's average during the 1980s (1.46% vs. 1.86%), recorded above Ohio's average in the 1990s (2.73% vs. 2.50%), posted below Ohio's average throughout the 2000s (0.69% vs. 0.80%), and lagged Ohio's average over the 8 year period of the last decade, 2010-2017 (1.22% vs. 2.06%).
Finally, relative to nationwide real total personal income growth trends, Preble County trailed the nation in the 1970s (3.11% vs. 3.48%), posted below the nation throughout the 1980s (1.46% vs. 3.18%), lagged the nation during the 1990s (2.73% vs. 3.28%), recorded underneath the nation in the 2000s (0.69% vs. 2.07%), and fell under the nation over 2010-2017 (1.22% vs. 2.72%).
   
 
Real* Total Personal Income Growth:
Average Annual Percent Change
 
 
 
1.87
3.11
1.46
2.73
0.69
1.22
0.27
 
1.91
2.36
1.86
2.50
0.80
2.06
1.97
 
2.95
3.48
3.18
3.28
2.07
2.72
2.56
 
   

Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Preble County:
Total Personal Income, 1969-2017
 
1969
 
125,922
0.200
629,138
100.0
N
0.30
1970
 
129,263
0.210
616,978
98.1
-1.93
0.29
1971
 
136,001
0.218
622,687
99.0
0.93
0.29
1972
 
150,734
0.226
667,378
106.1
7.18
0.30
1973
 
175,660
0.238
738,005
117.3
10.58
0.31
1974
 
186,739
0.263
710,575
112.9
-3.72
0.30
1975
 
197,671
0.285
694,313
110.4
-2.29
0.30
1976
 
222,498
0.300
740,870
117.8
6.71
0.31
1977
 
247,800
0.320
774,714
123.1
4.57
0.31
1978
 
277,158
0.342
810,143
128.8
4.57
0.31
1979
 
315,398
0.373
846,683
134.6
4.51
0.32
1980
 
336,684
0.413
815,966
129.7
-3.63
0.31
1981
 
357,532
0.450
795,258
126.4
-2.54
0.31
1982
 
379,648
0.475
800,000
127.2
0.60
0.31
1983
 
385,260
0.495
778,712
123.8
-2.66
0.30
1984
 
448,165
0.513
872,884
138.7
12.09
0.31
1985
 
483,853
0.531
910,628
144.7
4.32
0.32
1986
 
504,081
0.543
928,497
147.6
1.96
0.32
1987
 
518,107
0.560
925,786
147.2
-0.29
0.31
1988
 
554,029
0.582
952,742
151.4
2.91
0.31
1989
 
588,595
0.607
969,839
154.2
1.79
0.31
1990
 
634,790
0.634
1,001,957
159.3
3.31
0.31
1991
 
625,538
0.655
955,414
151.9
-4.65
0.30
1992
 
678,446
0.672
1,009,322
160.4
5.64
0.31
1993
 
716,330
0.689
1,039,787
165.3
3.02
0.31
1994
 
761,223
0.703
1,082,359
172.0
4.09
0.31
1995
 
798,935
0.718
1,112,552
176.8
2.79
0.31
1996
 
852,540
0.733
1,162,354
184.8
4.48
0.32
1997
 
917,150
0.746
1,229,045
195.4
5.74
0.32
1998
 
946,393
0.752
1,258,234
200.0
2.37
0.32
1999
 
965,412
0.763
1,264,655
201.0
0.51
0.31
2000
 
1,017,855
0.782
1,301,023
206.8
2.88
0.31
2001
 
1,072,667
0.797
1,345,239
213.8
3.40
0.32
2002
 
1,060,243
0.808
1,312,361
208.6
-2.44
0.31
2003
 
1,079,919
0.824
1,311,250
208.4
-0.08
0.31
2004
 
1,160,570
0.844
1,374,904
218.5
4.85
0.32
2005
 
1,187,819
0.868
1,368,266
217.5
-0.48
0.32
2006
 
1,216,649
0.892
1,364,354
216.9
-0.29
0.31
2007
 
1,253,203
0.914
1,370,549
217.8
0.45
0.31
2008
 
1,292,542
0.942
1,372,417
218.1
0.14
0.31
2009
 
1,271,740
0.941
1,351,563
214.8
-1.52
0.31
2010
 
1,303,089
0.957
1,361,568
216.4
0.74
0.31
2011
 
1,389,117
0.981
1,415,574
225.0
3.97
0.31
2012
 
1,406,449
1.000
1,406,449
223.6
-0.64
0.30
2013
 
1,467,951
1.013
1,448,455
230.2
2.99
0.31
2014
 
1,485,560
1.029
1,444,142
229.5
-0.30
0.30
2015
 
1,506,811
1.031
1,461,136
232.2
1.18
0.29
2016
 
1,546,285
1.042
1,483,460
235.8
1.53
0.29
2017
 
1,577,850
1.061
1,487,513
236.4
0.27
0.29
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 2018
REAP_PI_CA1400_300_PSN
 
   

Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Ohio:
Total Personal Income, 1969-2017
 
1969
 
41,814,714
0.200
208,916,882
100.0
N
5.29
1970
 
44,121,386
0.210
210,593,222
100.8
0.80
5.16
1971
 
46,947,495
0.218
214,951,216
102.9
2.07
5.08
1972
 
50,934,483
0.226
225,513,517
107.9
4.91
5.02
1973
 
56,459,449
0.238
237,204,642
113.5
5.18
4.99
1974
 
61,841,296
0.263
235,316,956
112.6
-0.80
4.98
1975
 
66,118,848
0.285
232,240,422
111.2
-1.31
4.86
1976
 
72,483,674
0.300
241,354,802
115.5
3.92
4.86
1977
 
80,273,127
0.320
250,963,318
120.1
3.98
4.87
1978
 
88,755,514
0.342
259,435,603
124.2
3.38
4.79
1979
 
98,036,565
0.373
263,178,344
126.0
1.44
4.74
1980
 
107,027,918
0.413
259,386,162
124.2
-1.44
4.64
1981
 
116,356,076
0.450
258,810,614
123.9
-0.22
4.50
1982
 
121,686,637
0.475
256,419,920
122.7
-0.92
4.40
1983
 
129,000,255
0.495
260,743,532
124.8
1.69
4.36
1984
 
142,456,412
0.513
277,460,242
132.8
6.41
4.36
1985
 
151,328,013
0.531
284,804,481
136.3
2.65
4.32
1986
 
158,445,882
0.543
291,850,952
139.7
2.47
4.27
1987
 
166,010,875
0.560
296,638,687
142.0
1.64
4.21
1988
 
178,043,191
0.582
306,173,911
146.6
3.21
4.18
1989
 
191,552,868
0.607
315,625,091
151.1
3.09
4.16
1990
 
202,826,963
0.634
320,143,577
153.2
1.43
4.15
1991
 
207,192,639
0.655
316,455,087
151.5
-1.15
4.10
1992
 
220,961,744
0.672
328,724,068
157.3
3.88
4.09
1993
 
230,239,933
0.689
334,204,164
160.0
1.67
4.08
1994
 
242,927,557
0.703
345,411,001
165.3
3.35
4.10
1995
 
254,378,135
0.718
354,232,826
169.6
2.55
4.05
1996
 
266,568,428
0.733
363,439,626
174.0
2.60
4.00
1997
 
282,349,312
0.746
378,367,678
181.1
4.11
3.99
1998
 
298,353,863
0.752
396,662,762
189.9
4.84
3.93
1999
 
308,082,449
0.763
403,576,789
193.2
1.74
3.86
2000
 
323,964,530
0.782
414,091,557
198.2
2.61
3.75
2001
 
334,714,304
0.797
419,767,619
200.9
1.37
3.72
2002
 
339,907,454
0.808
420,734,820
201.4
0.23
3.71
2003
 
349,796,068
0.824
424,726,278
203.3
0.95
3.69
2004
 
363,250,160
0.844
430,335,099
206.0
1.32
3.62
2005
 
374,067,981
0.868
430,894,325
206.3
0.13
3.53
2006
 
393,111,152
0.892
440,836,064
211.0
2.31
3.46
2007
 
409,695,749
0.914
448,058,519
214.5
1.64
3.41
2008
 
422,895,323
0.942
449,028,799
214.9
0.22
3.40
2009
 
410,863,852
0.941
436,652,552
209.0
-2.76
3.41
2010
 
423,062,081
0.957
442,048,045
211.6
1.24
3.37
2011
 
451,900,573
0.981
460,507,457
220.4
4.18
3.39
2012
 
469,903,864
1.000
469,903,864
224.9
2.04
3.36
2013
 
476,450,081
1.013
470,122,236
225.0
0.05
3.36
2014
 
496,513,465
1.029
482,670,476
231.0
2.67
3.31
2015
 
515,904,883
1.031
500,266,551
239.5
3.65
3.28
2016
 
525,056,499
1.042
503,723,796
241.1
0.69
3.26
2017
 
544,828,473
1.061
513,635,395
245.9
1.97
3.24
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 2018
REAP_PI_CA1400_300_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 Personal Income, 1969-2017
 
1969
 
791,150,000
0.200
3,952,785,411
100.0
N
1970
 
855,078,000
0.210
4,081,323,087
103.3
3.25
1971
 
923,964,000
0.218
4,230,410,696
107.0
3.65
1972
 
1,015,526,000
0.226
4,496,263,172
113.7
6.28
1973
 
1,131,213,000
0.238
4,752,596,421
120.2
5.70
1974
 
1,242,433,000
0.263
4,727,675,038
119.6
-0.52
1975
 
1,359,998,000
0.285
4,776,951,177
120.9
1.04
1976
 
1,491,506,000
0.300
4,966,389,185
125.6
3.97
1977
 
1,646,968,000
0.320
5,149,027,700
130.3
3.68
1978
 
1,851,867,000
0.342
5,413,074,742
136.9
5.13
1979
 
2,068,806,000
0.373
5,553,692,518
140.5
2.60
1980
 
2,307,005,000
0.413
5,591,112,888
141.4
0.67
1981
 
2,584,340,000
0.450
5,748,342,898
145.4
2.81
1982
 
2,767,657,000
0.475
5,832,048,635
147.5
1.46
1983
 
2,957,901,000
0.495
5,978,697,902
151.3
2.51
1984
 
3,268,535,000
0.513
6,366,077,167
161.1
6.48
1985
 
3,501,927,000
0.531
6,590,746,038
166.7
3.53
1986
 
3,712,243,000
0.543
6,837,802,542
173.0
3.75
1987
 
3,940,859,000
0.560
7,041,775,070
178.1
2.98
1988
 
4,260,753,000
0.582
7,327,050,266
185.4
4.05
1989
 
4,603,969,000
0.607
7,586,042,182
191.9
3.53
1990
 
4,890,453,000
0.634
7,719,127,141
195.3
1.75
1991
 
5,055,766,000
0.655
7,721,909,795
195.4
0.04
1992
 
5,402,109,000
0.672
8,036,699,991
203.3
4.08
1993
 
5,639,780,000
0.689
8,186,407,711
207.1
1.86
1994
 
5,930,316,000
0.703
8,432,128,537
213.3
3.00
1995
 
6,275,761,000
0.718
8,739,275,320
221.1
3.64
1996
 
6,661,697,000
0.733
9,082,563,466
229.8
3.93
1997
 
7,075,132,000
0.746
9,481,168,005
239.9
4.39
1998
 
7,588,703,000
0.752
10,089,213,731
255.2
6.41
1999
 
7,988,183,000
0.763
10,464,228,824
264.7
3.72
2000
 
8,634,847,000
0.782
11,037,063,974
279.2
5.47
2001
 
9,001,839,000
0.797
11,289,271,113
285.6
2.29
2002
 
9,155,663,000
0.808
11,332,808,922
286.7
0.39
2003
 
9,480,901,000
0.824
11,511,815,488
291.2
1.58
2004
 
10,028,781,000
0.844
11,880,893,485
300.6
3.21
2005
 
10,593,946,000
0.868
12,203,319,818
308.7
2.71
2006
 
11,372,589,000
0.892
12,753,256,555
322.6
4.51
2007
 
12,002,204,000
0.914
13,126,057,000
332.1
2.92
2008
 
12,438,527,000
0.942
13,207,185,177
334.1
0.62
2009
 
12,051,307,000
0.941
12,807,731,630
324.0
-3.02
2010
 
12,541,995,000
0.957
13,104,848,232
331.5
2.32
2011
 
13,315,478,000
0.981
13,569,084,183
343.3
3.54
2012
 
13,998,383,000
1.000
13,998,383,000
354.1
3.16
2013
 
14,175,503,000
1.013
13,987,234,819
353.9
-0.08
2014
 
14,983,140,000
1.029
14,565,404,207
368.5
4.13
2015
 
15,711,634,000
1.031
15,235,376,142
385.4
4.60
2016
 
16,115,630,000
1.042
15,460,862,474
391.1
1.48
2017
 
16,820,250,000
1.061
15,857,239,825
401.2
2.56
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 2018
REAP_PI_CA1400_300_PN
 
   
Copyright © 2019. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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