Lancaster County vs. Pennsylvania
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2018
Introduction
Lancaster County:
2018 TPI = $28,625,770K
2018 Percent of State = 4.0%
Pennsylvania:
2018 TPI = $720,073,441K
2018 Percent of State = 4.0%
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 Lancaster County and Pennsylvania 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.
Lancaster County Total Personal Income, 1969-2018
Current vs. Constant Dollars (Millions)
Lancaster County Total Personal Income, 1969-2018
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Lancaster County's annual total personal income over 1969-2018 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 Lancaster County over time.
When measured in current dollars, Lancaster County's total personal income increased 2,153.2%, from $1,270M in 1969 to $28,626M in 2018. When measured in constant 2012 dollars to adjust for inflation, it advanced 317.0%, from $6,348M in 1969 to $26,470M in 2018.
Real Total Personal Income, 1969-2018 (Millions)
Real Total Personal Income, 1969-2018 (Millions)
Figure 2.
Figure 2 traces Lancaster County's and Pennsylvania's annual real total personal income for the period 1969-2018 to illustrate real total personal income patterns over time. During this 50-year period, Lancaster County's real total personal income rose from $6,348M in 1969 to $26,470M in 2018, for a net gain of $20,123M, or 317.0%. In comparison, Pennsylvania's real total personal income advanced from $226,561M in 1969 to $665,853M in 2018, for a net advance of $439,292M, or 193.9%.
Real Total Personal Income Indices (1969=100): 1969-2018
Real Total Personal Income Indices (1969=100): 1969-2018
Figure 3.
Figure 3 shows Lancaster County's real total personal income 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 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.
Lancaster County's overall real total personal income growth was 317.0% over 1969-2018 outpaced Pennsylvania's increase of 193.9%, and topped the United States' increase of 316.7%.
Total Personal Income as a Percent of the Pennsylvania Total: 1969-2018
Total Personal Income as a Percent of the Pennsylvania Total: 1969-2018
Figure 4.
Another interesting and insightful way of highlighting the total personal income growth of Lancaster County is to trace its individual percentage contributions to Pennsylvania'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 Pennsylvania's total personal income, while a declining share shows it grew more slowly.
In 1969, Lancaster County's total personal income totaled 2.8% of Pennsylvania's total personal income, while in 2018 it comprised 4.0% thereby yielding a +1.2% share-shift.
   
 
Total Personal Income Share-Shift
2018 vs. 1969
 
Share-
Shift*
 
2018
vs.
1969
+1.17%
=
3.98%
-
2.80%
 
   
Lancaster County Real Total Personal Income:
Annual Percent Change, 1970-2018
Lancaster County Real Total Personal Income:
Annual Percent Change, 1970-2018
Figure 5.
Figure 5 shows the short-run pattern of Lancaster County's real total personal income growth by tracking the year-to-year percent change over 1970-2018. The average annual percent change for the entire 49-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, Lancaster County's real total personal income grew at an annual rate of 2.99% over 1970-2018. The county recorded its highest growth in 1984 (7.89%) and posted its lowest growth in 1980 (-2.34%). In 2018, Lancaster County's real total personal income grew by 3.73%
Lancaster County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2018
Lancaster County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2018
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 depicts the annual percent change in Lancaster 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 2010-2018.
During the 1970s, Lancaster County's annual real total personal income growth rate averaged 3.56%. It averaged 3.83% in the 1980s, 2.48% throughout the 1990s, 1.95% during the 2000s, and 3.13% thus far this decade (2010 to 2018).
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 Lancaster County noted in the previous graph with the corresponding decade averages for Pennsylvania and the nation. As the chart reveals, Lancaster County's average annual real total personal income growth outpaced Pennsylvania's average during the 1970s (3.56% vs. 2.58%), outpaced Pennsylvania's average in the 1980s (3.83% vs. 2.21%), outgained Pennsylvania's average in the 1990s (2.48% vs. 2.35%), surpassed Pennsylvania's average in the 2000s (1.95% vs. 1.77%), and led Pennsylvania's average over the 9 year period of the last decade, 2010-2018 (3.13% vs. 2.28%).
Finally, relative to nationwide real total personal income growth trends, Lancaster County registered above the nation over the 1970s (3.56% vs. 3.50%), recorded above the nation during the 1980s (3.83% vs. 3.17%), lagged the nation during the 1990s (2.48% vs. 3.29%), lagged the nation during the 2000s (1.95% vs. 2.05%), and surpassed the nation over 2010-2018 (3.13% vs. 2.84%).
   
 
Real* Total Personal Income Growth:
Average Annual Percent Change
 
 
 
2.99
3.56
3.83
2.48
1.95
3.13
3.73
 
2.24
2.58
2.21
2.35
1.77
2.28
3.77
 
2.97
3.50
3.17
3.29
2.05
2.84
3.43
 
   

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

   
 
Lancaster County:
Total Personal Income, 1969-2018
 
1969
 
1,270,465
0.200
6,347,564
100.0
N
2.80
1970
 
1,391,393
0.210
6,641,177
104.6
4.63
2.85
1971
 
1,454,953
0.218
6,661,568
104.9
0.31
2.81
1972
 
1,616,518
0.226
7,157,168
112.8
7.44
2.86
1973
 
1,831,295
0.238
7,693,870
121.2
7.50
2.95
1974
 
1,976,296
0.263
7,520,152
118.5
-2.26
2.90
1975
 
2,128,090
0.285
7,474,851
117.8
-0.60
2.86
1976
 
2,345,672
0.300
7,810,575
123.0
4.49
2.89
1977
 
2,594,683
0.320
8,111,933
127.8
3.86
2.91
1978
 
2,972,383
0.342
8,688,384
136.9
7.11
3.02
1979
 
3,337,881
0.373
8,960,514
141.2
3.13
3.07
1980
 
3,610,692
0.413
8,750,647
137.9
-2.34
3.03
1981
 
4,000,474
0.450
8,898,247
140.2
1.69
3.04
1982
 
4,303,177
0.475
9,067,720
142.9
1.90
3.06
1983
 
4,603,334
0.495
9,304,552
146.6
2.61
3.13
1984
 
5,154,347
0.513
10,039,045
158.2
7.89
3.24
1985
 
5,546,988
0.531
10,439,621
164.5
3.99
3.29
1986
 
6,046,419
0.543
11,137,261
175.5
6.68
3.41
1987
 
6,531,002
0.560
11,670,006
183.9
4.78
3.48
1988
 
7,052,177
0.582
12,127,353
191.1
3.92
3.47
1989
 
7,887,990
0.607
12,997,182
204.8
7.17
3.58
1990
 
8,253,673
0.634
13,027,658
205.2
0.23
3.54
1991
 
8,493,752
0.655
12,972,908
204.4
-0.42
3.50
1992
 
9,083,365
0.672
13,513,293
212.9
4.17
3.55
1993
 
9,652,801
0.689
14,011,498
220.7
3.69
3.63
1994
 
9,876,689
0.703
14,043,351
221.2
0.23
3.59
1995
 
10,275,090
0.718
14,308,518
225.4
1.89
3.57
1996
 
10,916,661
0.733
14,883,785
234.5
4.02
3.61
1997
 
11,584,904
0.746
15,524,576
244.6
4.31
3.65
1998
 
12,134,224
0.752
16,132,504
254.2
3.92
3.63
1999
 
12,653,175
0.763
16,575,198
261.1
2.74
3.63
2000
 
13,723,517
0.782
17,541,403
276.3
5.83
3.68
2001
 
14,503,056
0.797
18,188,387
286.5
3.69
3.74
2002
 
14,668,998
0.808
18,157,172
286.0
-0.17
3.71
2003
 
15,313,594
0.824
18,593,936
292.9
2.41
3.75
2004
 
16,353,679
0.844
19,373,872
305.2
4.19
3.78
2005
 
17,166,597
0.868
19,774,452
311.5
2.07
3.80
2006
 
17,786,773
0.892
19,946,142
314.2
0.87
3.74
2007
 
18,589,865
0.914
20,330,568
320.3
1.93
3.68
2008
 
19,267,484
0.942
20,458,148
322.3
0.63
3.68
2009
 
18,878,964
0.941
20,063,940
316.1
-1.93
3.69
2010
 
19,774,960
0.957
20,662,411
325.5
2.98
3.70
2011
 
20,845,533
0.981
21,242,556
334.7
2.81
3.70
2012
 
21,644,309
1.000
21,644,309
341.0
1.89
3.68
2013
 
22,223,790
1.013
21,928,631
345.5
1.31
3.75
2014
 
23,604,095
1.028
22,954,483
361.6
4.68
3.81
2015
 
24,934,999
1.030
24,198,165
381.2
5.42
3.87
2016
 
25,617,896
1.041
24,611,058
387.7
1.71
3.88
2017
 
27,031,379
1.059
25,518,393
402.0
3.69
3.98
2018
 
28,625,770
1.081
26,470,294
417.0
3.73
3.98
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 2019
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.

   
 
Pennsylvania:
Total Personal Income, 1969-2018
 
1969
 
45,346,106
0.200
226,560,610
100.0
N
5.73
1970
 
48,843,711
0.210
233,133,077
102.9
2.90
5.71
1971
 
51,835,461
0.218
237,330,988
104.8
1.80
5.61
1972
 
56,579,789
0.226
250,508,231
110.6
5.55
5.57
1973
 
62,032,948
0.238
260,620,738
115.0
4.04
5.47
1974
 
68,133,164
0.263
259,258,615
114.4
-0.52
5.47
1975
 
74,472,731
0.285
261,583,179
115.5
0.90
5.47
1976
 
81,283,216
0.300
270,655,354
119.5
3.47
5.43
1977
 
89,174,091
0.320
278,791,005
123.1
3.01
5.40
1978
 
98,271,999
0.342
287,252,635
126.8
3.04
5.30
1979
 
108,706,050
0.373
291,820,488
128.8
1.59
5.24
1980
 
119,088,365
0.413
288,615,106
127.4
-1.10
5.15
1981
 
131,482,121
0.450
292,455,450
129.1
1.33
5.07
1982
 
140,474,119
0.475
296,009,185
130.7
1.22
5.05
1983
 
147,180,811
0.495
297,491,230
131.3
0.50
4.96
1984
 
158,975,274
0.513
309,633,785
136.7
4.08
4.85
1985
 
168,415,810
0.531
316,964,298
139.9
2.37
4.80
1986
 
177,108,098
0.543
326,226,005
144.0
2.92
4.76
1987
 
187,611,091
0.560
335,235,314
148.0
2.76
4.75
1988
 
203,157,551
0.582
349,362,094
154.2
4.21
4.76
1989
 
220,029,706
0.607
362,546,887
160.0
3.77
4.77
1990
 
232,898,680
0.634
367,608,997
162.3
1.40
4.76
1991
 
242,566,278
0.655
370,482,914
163.5
0.78
4.79
1992
 
256,051,946
0.672
380,927,647
168.1
2.82
4.73
1993
 
265,789,353
0.689
385,805,831
170.3
1.28
4.71
1994
 
275,144,867
0.703
391,219,774
172.7
1.40
4.63
1995
 
287,676,365
0.718
400,602,087
176.8
2.40
4.58
1996
 
302,375,613
0.733
412,259,173
182.0
2.91
4.53
1997
 
317,520,134
0.746
425,499,020
187.8
3.21
4.48
1998
 
334,639,484
0.752
444,904,653
196.4
4.56
4.40
1999
 
348,920,120
0.763
457,072,651
201.7
2.73
4.36
2000
 
373,357,070
0.782
477,225,117
210.6
4.41
4.32
2001
 
388,047,055
0.797
486,652,606
214.8
1.98
4.31
2002
 
395,409,363
0.808
489,434,654
216.0
0.57
4.32
2003
 
408,889,660
0.824
496,478,375
219.1
1.44
4.31
2004
 
432,741,604
0.844
512,660,203
226.3
3.26
4.31
2005
 
451,950,374
0.868
520,608,181
229.8
1.55
4.27
2006
 
475,815,289
0.892
533,580,740
235.5
2.49
4.18
2007
 
505,303,602
0.914
552,618,826
243.9
3.57
4.21
2008
 
523,556,674
0.942
555,910,675
245.4
0.60
4.21
2009
 
511,617,927
0.941
543,730,660
240.0
-2.19
4.25
2010
 
534,469,857
0.957
558,455,522
246.5
2.71
4.26
2011
 
563,434,875
0.981
574,166,038
253.4
2.81
4.23
2012
 
587,521,891
1.000
587,521,891
259.3
2.33
4.20
2013
 
592,973,388
1.013
585,097,969
258.3
-0.41
4.18
2014
 
619,388,021
1.028
602,341,749
265.9
2.95
4.13
2015
 
644,119,451
1.030
625,085,595
275.9
3.78
4.10
2016
 
659,803,448
1.041
633,871,755
279.8
1.41
4.10
2017
 
679,731,095
1.059
641,685,558
283.2
1.23
4.03
2018
 
720,073,441
1.081
665,853,029
293.9
3.77
4.04
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 2019
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, 1969-2018
 
1969
 
791,229,000
0.200
3,953,180,115
100.0
N
1970
 
855,525,000
0.210
4,083,456,637
103.3
3.30
1971
 
924,613,000
0.218
4,233,382,171
107.1
3.67
1972
 
1,016,408,000
0.226
4,500,168,246
113.8
6.30
1973
 
1,133,468,000
0.238
4,762,070,414
120.5
5.82
1974
 
1,244,912,000
0.263
4,737,108,067
119.8
-0.52
1975
 
1,362,505,000
0.285
4,785,756,937
121.1
1.03
1976
 
1,495,704,000
0.300
4,980,367,608
126.0
4.07
1977
 
1,651,632,000
0.320
5,163,609,079
130.6
3.68
1978
 
1,855,849,000
0.342
5,424,714,273
137.2
5.06
1979
 
2,073,257,000
0.373
5,565,641,191
140.8
2.60
1980
 
2,313,160,000
0.413
5,606,029,761
141.8
0.73
1981
 
2,592,915,000
0.450
5,767,416,255
145.9
2.88
1982
 
2,779,794,000
0.475
5,857,623,904
148.2
1.56
1983
 
2,968,676,000
0.495
6,000,477,018
151.8
2.44
1984
 
3,279,488,000
0.513
6,387,410,163
161.6
6.45
1985
 
3,510,471,000
0.531
6,606,826,138
167.1
3.44
1986
 
3,719,647,000
0.543
6,851,440,413
173.3
3.70
1987
 
3,946,593,000
0.560
7,052,020,942
178.4
2.93
1988
 
4,267,813,000
0.582
7,339,191,072
185.7
4.07
1989
 
4,609,667,000
0.607
7,595,430,878
192.1
3.49
1990
 
4,897,821,000
0.634
7,730,756,846
195.6
1.78
1991
 
5,067,291,000
0.655
7,739,512,471
195.8
0.11
1992
 
5,409,920,000
0.672
8,048,320,390
203.6
3.99
1993
 
5,648,732,000
0.689
8,199,401,963
207.4
1.88
1994
 
5,940,128,000
0.703
8,446,079,909
213.7
3.01
1995
 
6,286,143,000
0.718
8,753,732,715
221.4
3.64
1996
 
6,673,186,000
0.733
9,098,227,579
230.1
3.94
1997
 
7,086,935,000
0.746
9,496,984,844
240.2
4.38
1998
 
7,601,594,000
0.752
10,106,352,372
255.7
6.42
1999
 
8,001,563,000
0.763
10,481,756,137
265.1
3.71
2000
 
8,650,325,000
0.782
11,056,847,958
279.7
5.49
2001
 
9,001,839,000
0.797
11,289,271,113
285.6
2.10
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
300.5
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
332.0
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
343.2
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
353.8
-0.08
2014
 
14,982,715,000
1.028
14,570,373,432
368.6
4.17
2015
 
15,709,242,000
1.030
15,245,030,812
385.6
4.63
2016
 
16,111,636,000
1.041
15,478,414,080
391.5
1.53
2017
 
16,870,106,000
1.059
15,925,861,662
402.9
2.89
2018
 
17,813,035,000
1.081
16,471,741,121
416.7
3.43
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 2019
REAP_PI_CA1400_300_PN
 
   
Copyright © 2019. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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