Kansas vs. United States
Comparative Trends Analysis:
Total Industry Earnings Growth and Change, 1958-2018
Introduction
Kansas:
2018 Earnings = $104,072,931K
2018 Percent of U.S. = 0.8%
U.S.:
2018 Earnings = $12,427,227,298K
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 states.
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 state 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.
Kansas Total Industry Earnings, 1958-2018
Current vs. Constant Dollars (Millions)
Kansas Total Industry Earnings, 1958-2018
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Kansas' annual total industry earnings over 1958-2018 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 Kansas over time.
When measured in current dollars, Kansas' total industry earnings increased 2,780.1%, from $3,614M in 1958 to $104,073M in 2018. When measured in constant 2012 dollars to adjust for inflation, it advanced 324.9%, from $22,628M in 1958 to $96,159M in 2018.
Real Total Industry Earnings Indices (1958=100): 1958-2018
Real Total Industry Earnings Indices (1958=100): 1958-2018
Figure 2.
Figure 2 portrays Kansas' real total industry earnings growth in a broader context by offering direct comparisons across time with the United States. The growth indices shown here express each region's real total industry earnings in 1958 as a base figure of 100, and the real total industry earningss in later years as a percentage of the 1958 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.
Kansas' overall real total industry earnings growth was 324.9% over 1958-2018 trailed the United States' increase of 486.8%.
Total Industry Earnings as a Percent of the United States Total: 1958-2018
Total Industry Earnings as a Percent of the United States Total: 1958-2018
Figure 3.
Another interesting and insightful way of contrasting the total industry earnings growth of Kansas is to compare its individual percentage contributions to the United States' total total industry earnings over time, as shown in Figure 3. A rising share means a region's total industry earnings grew faster, or declined less, than the United States' total industry earnings, while a declining share shows it grew more slowly.
In 1958, Kansas' total industry earnings comprised 1.16% of the United States' total industry earnings, while in 2018 it equated to 0.84% thereby yielding a -0.32% share-shift.
   
 
Total Industry Earnings Share-Shift
2018 vs. 1958
 
Share-
Shift*
 
2018
vs.
1958
-0.32%
=
0.84%
-
1.16%
 
   
Kansas Real Total Industry Earnings:
Annual Percent Change, 1959-2018
Kansas Real Total Industry Earnings:
Annual Percent Change, 1959-2018
Figure 4.
Figure 4 highlights the short-run pattern of Kansas' real total industry earnings growth by tracking the year-to-year percent change over 1959-2018. The average annual percent change for the entire 60-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, Kansas' real total industry earnings grew at an annual rate of 2.48% over 1959-2018. The state posted its highest growth in 1973 (9.51%) and posted its lowest growth in 1980 (-4.77%). In 2018, Kansas' real total industry earnings grew by 1.07%
Kansas Real Total Industry Earnings:
Annual Percent Change and Decade Averages Over 1959-2018
Kansas Real Total Industry Earnings:
Annual Percent Change and Decade Averages Over 1959-2018
Figure 5.
Over the past six decades some states have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 5 again depicts the annual percent change in Kansas' real total industry earnings since 1959, but this time they are displayed with average growth rates for the decade of the 1960s, 1970s, 1980s, 1990s, 2000s, and 2010-2018.
During the 1960s, Kansas' annual real total industry earnings growth rate averaged 3.45%. It averaged 3.69% in the 1970s, 1.36% during the 1980s, 3.36% in the 1990s, 1.86% throughout the 2000s, and 1.47% thus far this decade (2010 to 2018).
Real Total Industry Earnings Growth:
Average Annual Percent Change by Decade
Real Total Industry Earnings Growth:
Average Annual Percent Change by Decade
Figure 6.
Figure 6 compares the decade average growth rates for Kansas noted in the previous graph with the corresponding decade averages for the nation.
Relative to nationwide real total industry earnings growth trends, Kansas recorded underneath the nation throughout the 1960s (3.45% vs. 4.72%), exceeded the nation in the 1970s (3.69% vs. 3.13%), recorded underneath the nation over the 1980s (1.36% vs. 2.62%), lagged the nation over the 1990s (3.36% vs. 3.43%), outgained the nation over the 2000s (1.86% vs. 1.49%), and posted below the nation over 2010-2018 (1.47% vs. 2.45%).
   
 
Real* Total Industry Earnings Growth:
Average Annual Percent Change
 
 
 
2.48
3.45
3.69
1.36
3.36
1.86
1.47
1.07
 
3.02
4.72
3.13
2.62
3.43
1.49
2.45
2.37
 
   

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

   
 
Kansas:
Total Industry Earnings, 1958-2018
 
1958
 
3,613,527
0.160
22,628,386
100.0
N
1.16
1959
 
3,605,153
0.162
22,244,419
98.3
-1.70
1.08
1960
 
3,737,369
0.165
22,687,847
100.3
1.99
1.07
1961
 
3,904,497
0.166
23,458,886
103.7
3.40
1.08
1962
 
4,057,414
0.168
24,095,338
106.5
2.71
1.06
1963
 
4,138,215
0.170
24,285,299
107.3
0.79
1.03
1964
 
4,348,612
0.173
25,155,388
111.2
3.58
1.01
1965
 
4,617,234
0.175
26,330,030
116.4
4.67
1.00
1966
 
5,028,633
0.180
27,969,481
123.6
6.23
0.99
1967
 
5,246,842
0.184
28,467,484
125.8
1.78
0.97
1968
 
5,710,996
0.192
29,819,319
131.8
4.75
0.96
1969
 
6,245,198
0.200
31,202,588
137.9
4.64
0.96
1970
 
6,690,128
0.210
31,932,261
141.1
2.34
0.96
1971
 
7,264,204
0.218
33,259,484
147.0
4.16
0.98
1972
 
8,215,074
0.226
36,372,417
160.7
9.36
1.00
1973
 
9,480,311
0.238
39,829,892
176.0
9.51
1.03
1974
 
10,087,948
0.263
38,386,408
169.6
-3.62
1.01
1975
 
10,817,483
0.285
37,996,077
167.9
-1.02
1.02
1976
 
11,848,311
0.300
39,452,288
174.3
3.83
1.01
1977
 
12,897,552
0.320
40,322,491
178.2
2.21
0.99
1978
 
14,339,974
0.342
41,916,267
185.2
3.95
0.97
1979
 
16,573,515
0.373
44,491,463
196.6
6.14
1.01
1980
 
17,482,872
0.413
42,370,394
187.2
-4.77
0.98
1981
 
19,379,585
0.450
43,105,977
190.5
1.74
0.99
1982
 
20,309,881
0.475
42,797,288
189.1
-0.72
0.99
1983
 
21,150,620
0.495
42,750,980
188.9
-0.11
0.97
1984
 
23,500,357
0.513
45,771,297
202.3
7.06
0.97
1985
 
24,656,942
0.531
46,405,206
205.1
1.38
0.94
1986
 
26,120,784
0.543
48,113,435
212.6
3.68
0.94
1987
 
27,662,642
0.560
49,429,351
218.4
2.74
0.92
1988
 
29,237,025
0.582
50,277,768
222.2
1.72
0.90
1989
 
30,767,702
0.607
50,696,494
224.0
0.83
0.89
1990
 
32,969,627
0.634
52,039,503
230.0
2.65
0.90
1991
 
34,001,290
0.655
51,931,773
229.5
-0.21
0.90
1992
 
36,969,895
0.672
54,999,993
243.1
5.91
0.91
1993
 
38,706,944
0.689
56,184,962
248.3
2.15
0.91
1994
 
40,652,949
0.703
57,803,141
255.4
2.88
0.91
1995
 
41,996,385
0.718
58,481,827
258.4
1.17
0.90
1996
 
45,020,069
0.733
61,380,401
271.3
4.96
0.91
1997
 
48,063,718
0.746
64,408,718
284.6
4.93
0.91
1998
 
51,247,463
0.752
68,133,726
301.1
5.78
0.90
1999
 
53,778,182
0.763
70,447,460
311.3
3.40
0.88
2000
 
56,072,632
0.782
71,672,055
316.7
1.74
0.85
2001
 
58,081,418
0.797
72,840,325
321.9
1.63
0.85
2002
 
58,860,497
0.808
72,857,068
322.0
0.02
0.84
2003
 
60,827,460
0.824
73,857,379
326.4
1.37
0.84
2004
 
62,925,524
0.844
74,546,592
329.4
0.93
0.82
2005
 
66,165,889
0.868
76,217,446
336.8
2.24
0.82
2006
 
71,903,076
0.892
80,632,332
356.3
5.79
0.84
2007
 
76,566,622
0.914
83,736,108
370.0
3.85
0.86
2008
 
82,100,600
0.942
87,174,135
385.2
4.11
0.91
2009
 
79,512,612
0.941
84,503,382
373.4
-3.06
0.92
2010
 
81,728,405
0.957
85,396,171
377.4
1.06
0.91
2011
 
87,797,665
0.981
89,469,857
395.4
4.77
0.93
2012
 
93,061,812
1.000
93,061,812
411.3
4.01
0.94
2013
 
98,352,332
1.013
97,046,092
428.9
4.28
0.96
2014
 
98,381,407
1.029
95,638,495
422.6
-1.45
0.92
2015
 
99,724,741
1.031
96,707,468
427.4
1.12
0.90
2016
 
99,000,876
1.042
94,978,535
419.7
-1.79
0.87
2017
 
100,914,371
1.061
95,136,718
420.4
0.17
0.85
2018
 
104,072,931
1.082
96,159,042
424.9
1.07
0.84
Source: Calculations by the United States Regional Economic Analysis Project (US-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
May 2019
REAP_PI_SA1400_1200_PN
 
   

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, 1958-2018
 
1958
 
312,448,433
0.160
1,956,593,606
100.0
N
1959
 
334,064,584
0.162
2,061,236,404
105.3
5.35
1960
 
348,226,000
0.165
2,113,919,748
108.0
2.56
1961
 
359,911,000
0.166
2,162,406,873
110.5
2.29
1962
 
383,422,000
0.168
2,276,987,945
116.4
5.30
1963
 
402,628,000
0.170
2,362,840,376
120.8
3.77
1964
 
430,423,000
0.173
2,489,865,217
127.3
5.38
1965
 
463,749,000
0.175
2,644,554,060
135.2
6.21
1966
 
510,521,000
0.180
2,839,540,575
145.1
7.37
1967
 
543,468,000
0.184
2,948,662,579
150.7
3.84
1968
 
595,758,000
0.192
3,110,682,957
159.0
5.49
1969
 
653,665,000
0.200
3,265,875,593
166.9
4.99
1970
 
693,352,000
0.210
3,309,398,119
169.1
1.33
1971
 
742,094,000
0.218
3,397,710,728
173.7
2.67
1972
 
819,646,000
0.226
3,629,000,266
185.5
6.81
1973
 
918,964,000
0.238
3,860,868,835
197.3
6.39
1974
 
993,909,000
0.263
3,781,997,717
193.3
-2.04
1975
 
1,059,492,000
0.285
3,721,433,088
190.2
-1.60
1976
 
1,173,271,000
0.300
3,906,736,148
199.7
4.98
1977
 
1,303,767,000
0.320
4,076,055,149
208.3
4.33
1978
 
1,476,080,000
0.342
4,314,635,644
220.5
5.85
1979
 
1,648,363,000
0.373
4,425,016,778
226.2
2.56
1980
 
1,784,597,000
0.413
4,325,037,565
221.0
-2.26
1981
 
1,961,173,000
0.450
4,362,233,640
223.0
0.86
1982
 
2,053,729,000
0.475
4,327,648,769
221.2
-0.79
1983
 
2,188,018,000
0.495
4,422,561,345
226.0
2.19
1984
 
2,432,402,000
0.513
4,737,553,318
242.1
7.12
1985
 
2,615,791,000
0.531
4,923,007,867
251.6
3.91
1986
 
2,786,901,000
0.543
5,133,359,735
262.4
4.27
1987
 
2,996,000,000
0.560
5,353,441,498
273.6
4.29
1988
 
3,259,979,000
0.582
5,606,058,365
286.5
4.72
1989
 
3,467,027,000
0.607
5,712,682,485
292.0
1.90
1990
 
3,679,460,000
0.634
5,807,686,844
296.8
1.66
1991
 
3,789,428,000
0.655
5,787,772,059
295.8
-0.34
1992
 
4,059,023,000
0.672
6,038,595,317
308.6
4.33
1993
 
4,237,437,000
0.689
6,150,840,446
314.4
1.86
1994
 
4,456,948,000
0.703
6,337,193,232
323.9
3.03
1995
 
4,674,849,000
0.718
6,509,934,411
332.7
2.73
1996
 
4,956,180,000
0.733
6,757,260,110
345.4
3.80
1997
 
5,288,047,000
0.746
7,086,350,053
362.2
4.87
1998
 
5,707,014,000
0.752
7,587,500,000
387.8
7.07
1999
 
6,098,042,000
0.763
7,988,212,948
408.3
5.28
2000
 
6,598,743,000
0.782
8,434,515,243
431.1
5.59
2001
 
6,865,291,000
0.797
8,609,810,881
440.0
2.08
2002
 
7,001,130,000
0.808
8,665,944,621
442.9
0.65
2003
 
7,243,665,000
0.824
8,795,338,644
449.5
1.49
2004
 
7,675,133,000
0.844
9,092,574,428
464.7
3.38
2005
 
8,039,648,000
0.868
9,260,986,960
473.3
1.85
2006
 
8,519,777,000
0.892
9,554,104,335
488.3
3.17
2007
 
8,866,784,000
0.914
9,697,044,992
495.6
1.50
2008
 
9,013,458,000
0.942
9,570,458,696
489.1
-1.31
2009
 
8,688,446,000
0.941
9,233,793,866
471.9
-3.52
2010
 
9,023,198,000
0.957
9,428,136,461
481.9
2.10
2011
 
9,443,528,000
0.981
9,623,389,143
491.8
2.07
2012
 
9,901,882,000
1.000
9,901,882,000
506.1
2.89
2013
 
10,231,478,000
1.013
10,095,591,341
516.0
1.96
2014
 
10,686,606,000
1.029
10,388,659,253
531.0
2.90
2015
 
11,110,111,000
1.031
10,773,963,344
550.6
3.71
2016
 
11,365,731,000
1.042
10,903,948,770
557.3
1.21
2017
 
11,897,410,000
1.061
11,216,247,301
573.3
2.86
2018
 
12,427,227,298
1.082
11,482,239,026
586.8
2.37
Source: Calculations by the United States Regional Economic Analysis Project (US-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
May 2019
REAP_PI_SA1400_1200_PN
 
   
Copyright © 2019. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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