Introduction
Wayne County vs. Pennsylvania
Wayne County:
2022 Earnings = $1,250,536K
2022 Percent of State = 0.22%
Pennsylvania:
2022 Earnings = $562,602,855K
2022 Percent of U.S. = 3.70%
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.
Page 2 of 13
Wayne County Total Industry Earnings, 1970-2022
Current vs. Constant Dollars (Millions)
Wayne County Total Industry Earnings, 1970-2022
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Wayne 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 Wayne County over time.
When measured in current dollars, Wayne County's total industry earnings increased 1,661.54%, from $71M in 1970 to $1,251M in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 200.05%, from $359M in 1970 to $1,078M in 2022.
Page 3 of 13
Real Total Industry Earnings, 1969-2022 (Millions)
Real Total Industry Earnings, 1969-2022 (Millions)
Figure 2.
Figure 2 traces Wayne County's and Pennsylvania'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, Wayne County's real total industry earnings rose from $354M in 1969 to $1,078M in 2022, for a net gain of $723M, or 204.12%. In comparison, Pennsylvania's real total industry earnings advanced from $203,553M in 1969 to $484,823M in 2022, for a net gain of $281,270M, or 138.18%.
Page 4 of 13
Real Total Industry Earnings Indices (1969=100): 1969-2022
Real Total Industry Earnings Indices (1969=100): 1969-2022
Figure 3.
Figure 3 portrays Wayne County's real total industry earnings growth in a broader context by offering direct comparisons across time with Pennsylvania, 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.
Wayne County's overall real total industry earnings growth was 204.12% over 1969-2022 outpaced Pennsylvania's increase of 138.18%, and fell below the United States' increase of 278.59%.
Page 5 of 13
Total Industry Earnings as a Percent of the Pennsylvania Total: 1969-2022
Total Industry Earnings as a Percent of the Pennsylvania Total: 1969-2022
Figure 4.
Another interesting and insightful way of comparing the total industry earnings growth of Wayne County is to trace its individual percentage contributions to Pennsylvania'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 Pennsylvania's total industry earnings, while a declining share shows it grew more slowly.
In 1969, Wayne County's total industry earnings comprised 0.17% of Pennsylvania's total industry earnings, while in 2022 it equated to 0.22% thereby yielding a +0.05% share-shift.
   
 
Total Industry Earnings Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
+0.05%
=
0.22%
-
0.17%
 
   
Page 6 of 13
Wayne County Real Total Industry Earnings:
Annual Percent Change, 1970-2022
Wayne County Real Total Industry Earnings:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 shows the short-run pattern of Wayne 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 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, Wayne County's real total industry earnings grew at an annual rate of 2.19% over 1970-2022. The county recorded its highest growth in 2001 (11.77%) and posted its lowest growth in 1980 (-7.60%). In 2022, Wayne County's real total industry earnings declined by -1.48%
Page 7 of 13
Wayne County Real Total Industry Earnings:
Annual Percent Change and Decade Averages Over 1970-2022
Wayne County Real Total Industry Earnings:
Annual Percent Change and Decade Averages Over 1970-2022
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 shows the annual percent change in Wayne County's real total industry earnings since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Wayne County's annual real total industry earnings growth rate averaged 2.62%. It averaged 3.28% in the 1980s, 1.41% throughout the 1990s, 3.22% during the 2000s, 0.94% in the 2010s, 0.51% thus far this decade (2020-2022).
Page 8 of 13
Real Total Industry Earnings Growth:
Average Annual Percent Change by Decade
Real Total Industry Earnings Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Wayne County noted in the previous graph with the corresponding decade averages for Pennsylvania and the nation. As the chart reveals, Wayne County's average annual real total industry earnings growth outperformed Pennsylvania's average in the 1970s (2.62% vs. 1.96%), recorded above Pennsylvania's average in the 1980s (3.28% vs. 1.39%), recorded under Pennsylvania's average throughout the 1990s (1.41% vs. 2.39%), registered above Pennsylvania's average in the 2000s (3.22% vs. 1.30%), trailed Pennsylvania's average during the 2010s (0.94% vs. 1.92%), and outpaced Pennsylvania's average over the 3 year period of the current decade, 2020-2022 (0.51% vs. -0.26%).
Finally, relative to nationwide real total industry earnings growth trends, Wayne County trailed the nation over the 1970s (2.62% vs. 3.13%), recorded above the nation throughout the 1980s (3.28% vs. 2.62%), recorded underneath the nation over the 1990s (1.41% vs. 3.43%), topped the nation over the 2000s (3.22% vs. 1.47%), posted below the nation over the 2010s (0.94% vs. 2.53%), and trailed the nation over 2020-2022 (0.51% vs. 1.48%).
   
 
Real* Total Industry Earnings Growth:
Average Annual Percent Change
 
 
 
2.19
2.62
3.28
1.41
3.22
0.94
0.51
-1.48
 
1.68
1.96
1.39
2.39
1.30
1.92
-0.26
-0.78
 
2.57
3.13
2.62
3.43
1.47
2.53
1.48
0.05
 
   
Page 9 of 13

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

   
 
Wayne County:
Total Industry Earnings, 1969-2022
 
1969
 
66,912
0.189
354,350
100.0
N
0.17
1970
 
70,991
0.198
359,157
101.4
1.36
0.18
1971
 
76,436
0.206
370,959
104.7
3.29
0.18
1972
 
87,174
0.213
409,114
115.5
10.29
0.19
1973
 
98,766
0.225
439,840
124.1
7.51
0.19
1974
 
105,364
0.248
424,975
119.9
-3.38
0.19
1975
 
106,099
0.269
395,007
111.5
-7.05
0.18
1976
 
112,091
0.283
395,620
111.6
0.16
0.17
1977
 
126,914
0.302
420,579
118.7
6.31
0.18
1978
 
144,189
0.323
446,738
126.1
6.22
0.18
1979
 
159,392
0.351
453,553
128.0
1.53
0.18
1980
 
163,136
0.389
419,071
118.3
-7.60
0.18
1981
 
184,012
0.424
433,837
122.4
3.52
0.19
1982
 
193,389
0.448
431,951
121.9
-0.43
0.19
1983
 
204,581
0.467
438,300
123.7
1.47
0.19
1984
 
229,474
0.484
473,738
133.7
8.09
0.20
1985
 
245,164
0.501
489,076
138.0
3.24
0.20
1986
 
265,116
0.512
517,613
146.1
5.83
0.21
1987
 
287,552
0.528
544,585
153.7
5.21
0.21
1988
 
322,653
0.549
588,085
166.0
7.99
0.21
1989
 
355,270
0.573
620,440
175.1
5.50
0.22
1990
 
368,451
0.598
616,396
174.0
-0.65
0.22
1991
 
362,527
0.618
586,860
165.6
-4.79
0.21
1992
 
390,268
0.634
615,371
173.7
4.86
0.21
1993
 
392,174
0.650
603,345
170.3
-1.95
0.20
1994
 
406,776
0.664
613,021
173.0
1.60
0.20
1995
 
419,708
0.678
619,459
174.8
1.05
0.20
1996
 
441,828
0.692
638,452
180.2
3.07
0.20
1997
 
454,150
0.704
645,035
182.0
1.03
0.20
1998
 
479,920
0.710
676,258
190.8
4.84
0.20
1999
 
511,468
0.720
710,362
200.5
5.04
0.20
2000
 
536,159
0.738
726,286
205.0
2.24
0.20
2001
 
611,269
0.753
811,757
229.1
11.77
0.21
2002
 
649,282
0.763
851,060
240.2
4.84
0.22
2003
 
688,789
0.779
884,265
249.5
3.90
0.23
2004
 
739,288
0.798
926,113
261.4
4.73
0.23
2005
 
788,033
0.821
959,530
270.8
3.61
0.24
2006
 
819,343
0.844
970,326
273.8
1.13
0.24
2007
 
837,271
0.866
966,747
272.8
-0.37
0.23
2008
 
875,092
0.892
981,375
277.0
1.51
0.24
2009
 
862,533
0.889
969,999
273.7
-1.16
0.24
2010
 
920,987
0.905
1,017,508
287.1
4.90
0.24
2011
 
936,166
0.928
1,008,756
284.7
-0.86
0.24
2012
 
913,402
0.945
966,215
272.7
-4.22
0.22
2013
 
915,360
0.958
955,680
269.7
-1.09
0.22
2014
 
925,133
0.971
952,557
268.8
-0.33
0.21
2015
 
952,214
0.973
978,647
276.2
2.74
0.21
2016
 
978,135
0.983
995,213
280.9
1.69
0.21
2017
 
1,027,434
1.000
1,027,434
289.9
3.24
0.22
2018
 
1,067,165
1.020
1,045,758
295.1
1.78
0.22
2019
 
1,099,440
1.035
1,062,127
299.7
1.57
0.22
2020
 
1,107,289
1.046
1,058,240
298.6
-0.37
0.22
2021
 
1,192,245
1.090
1,093,793
308.7
3.36
0.22
2022
 
1,250,536
1.160
1,077,649
304.1
-1.48
0.22
Source: Calculations by the Pennsylvania Regional Economic Analysis Project (PA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1200_PSN
 
   
Page 10 of 13

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

   
 
Pennsylvania:
Total Industry Earnings, 1969-2022
 
1969
 
38,436,880
0.189
203,552,825
100.0
N
5.88
1970
 
40,518,691
0.198
204,991,860
100.7
0.71
5.84
1971
 
42,410,893
0.206
205,828,163
101.1
0.41
5.72
1972
 
46,349,756
0.213
217,522,790
106.9
5.68
5.65
1973
 
51,119,285
0.225
227,652,126
111.8
4.66
5.56
1974
 
55,468,407
0.248
223,726,080
109.9
-1.72
5.58
1975
 
58,846,636
0.269
219,086,508
107.6
-2.07
5.55
1976
 
64,245,467
0.283
226,751,375
111.4
3.50
5.48
1977
 
70,701,225
0.302
234,296,212
115.1
3.33
5.42
1978
 
78,472,312
0.323
243,128,987
119.4
3.77
5.32
1979
 
86,595,068
0.351
246,407,728
121.1
1.35
5.25
1980
 
91,820,100
0.389
235,871,609
115.9
-4.28
5.15
1981
 
98,824,648
0.424
232,994,573
114.5
-1.22
5.04
1982
 
101,160,396
0.448
225,950,718
111.0
-3.02
4.93
1983
 
105,242,230
0.467
225,473,969
110.8
-0.21
4.81
1984
 
114,855,224
0.484
237,113,120
116.5
5.16
4.72
1985
 
121,615,883
0.501
242,610,683
119.2
2.32
4.65
1986
 
128,098,226
0.512
250,099,037
122.9
3.09
4.60
1987
 
138,139,838
0.528
261,618,571
128.5
4.61
4.61
1988
 
150,812,088
0.549
274,878,498
135.0
5.07
4.63
1989
 
161,088,577
0.573
281,323,374
138.2
2.34
4.65
1990
 
170,011,240
0.598
284,418,637
139.7
1.10
4.62
1991
 
174,840,776
0.618
283,032,952
139.0
-0.49
4.61
1992
 
186,564,505
0.634
294,172,982
144.5
3.94
4.60
1993
 
193,773,307
0.650
298,112,780
146.5
1.34
4.57
1994
 
201,208,862
0.664
303,226,328
149.0
1.72
4.51
1995
 
208,258,794
0.678
307,374,906
151.0
1.37
4.45
1996
 
217,005,925
0.692
313,578,783
154.1
2.02
4.38
1997
 
228,564,468
0.704
324,633,159
159.5
3.53
4.32
1998
 
242,081,729
0.710
341,118,730
167.6
5.08
4.24
1999
 
256,072,351
0.720
355,651,103
174.7
4.26
4.20
2000
 
272,672,491
0.738
369,364,811
181.5
3.86
4.13
2001
 
284,766,797
0.753
378,166,313
185.8
2.38
4.15
2002
 
291,571,003
0.763
382,182,699
187.8
1.06
4.16
2003
 
301,757,851
0.779
387,395,500
190.3
1.36
4.17
2004
 
322,134,652
0.798
403,540,972
198.2
4.17
4.20
2005
 
334,688,190
0.821
407,525,162
200.2
0.99
4.16
2006
 
346,776,765
0.844
410,678,310
201.8
0.77
4.07
2007
 
363,028,142
0.866
419,167,206
205.9
2.07
4.09
2008
 
369,147,932
0.892
413,982,205
203.4
-1.24
4.10
2009
 
359,291,829
0.889
404,057,342
198.5
-2.40
4.14
2010
 
375,934,521
0.905
415,333,010
204.0
2.79
4.17
2011
 
393,318,810
0.928
423,816,657
208.2
2.04
4.16
2012
 
406,762,901
0.945
430,282,122
211.4
1.53
4.13
2013
 
421,457,423
0.958
440,021,949
216.2
2.26
4.14
2014
 
433,661,863
0.971
446,517,090
219.4
1.48
4.09
2015
 
450,231,554
0.973
462,729,888
227.3
3.63
4.08
2016
 
459,146,271
0.983
467,162,784
229.5
0.96
4.06
2017
 
472,978,177
1.000
472,978,177
232.4
1.24
3.99
2018
 
490,540,476
1.020
480,700,536
236.2
1.63
3.94
2019
 
505,967,594
1.035
488,796,184
240.1
1.68
3.90
2020
 
502,258,977
1.046
480,010,491
235.8
-1.80
3.82
2021
 
532,601,637
1.090
488,620,872
240.0
1.79
3.73
2022
 
562,602,855
1.160
484,822,742
238.2
-0.78
3.70
Source: Calculations by the Pennsylvania Regional Economic Analysis Project (PA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1200_PSN
 
   
Page 11 of 13

Interactive TableTip: 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 Pennsylvania Regional Economic Analysis Project (PA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1200_PN
 
   
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