Anderson County vs. Kansas
Comparative Trends Analysis:
Total Industry Earnings Growth and Change, 1969-2022
Introduction
Anderson County vs. Kansas
Anderson County:
2022 Earnings = $182,292K
2022 Percent of State = 0.15%
Kansas:
2022 Earnings = $124,180,903K
2022 Percent of U.S. = 0.82%
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.
Anderson County Total Industry Earnings, 1970-2022
Current vs. Constant Dollars (Millions)
Anderson County Total Industry Earnings, 1970-2022
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Anderson 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 Anderson County over time.
When measured in current dollars, Anderson County's total industry earnings increased 1,238.22%, from $14M in 1970 to $182M in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 127.94%, from $69M in 1970 to $157M in 2022.
Real Total Industry Earnings, 1969-2022 (Millions)
Real Total Industry Earnings, 1969-2022 (Millions)
Figure 2.
Figure 2 traces Anderson County's and Kansas' annual real total industry earnings for the period 1969-2022 to illustrate real total industry earnings patterns over time. During this 54-year period, Anderson County's real total industry earnings rose from $83M in 1969 to $157M in 2022, for a net gain of $74M, or 89.20%. In comparison, Kansas' real total industry earnings advanced from $33,073M in 1969 to $107,013M in 2022, for a net gain of $73,940M, or 223.56%.
Real Total Industry Earnings Indices (1969=100): 1969-2022
Real Total Industry Earnings Indices (1969=100): 1969-2022
Figure 3.
Figure 3 shows Anderson County's real total industry earnings growth in a broader context by offering direct comparisons across time with Kansas, 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.
Anderson County's overall real total industry earnings growth was 89.20% over 1969-2022 trailed Kansas' increase of 223.56%, and fell below the United States' increase of 278.59%.
Total Industry Earnings as a Percent of the Kansas Total: 1969-2022
Total Industry Earnings as a Percent of the Kansas Total: 1969-2022
Figure 4.
Another interesting and insightful way of contrasting the total industry earnings growth of Anderson County is to compare its individual percentage contributions to Kansas' 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 Kansas' total industry earnings, while a declining share shows it grew more slowly.
In 1969, Anderson County's total industry earnings totaled 0.25% of Kansas' total industry earnings, while in 2022 it comprised 0.15% thereby yielding a -0.10% share-shift.
   
 
Total Industry Earnings Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
-0.10%
=
0.15%
-
0.25%
 
   
Anderson County Real Total Industry Earnings:
Annual Percent Change, 1970-2022
Anderson County Real Total Industry Earnings:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 highlights the short-run pattern of Anderson 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, Anderson County's real total industry earnings grew at an annual rate of 2.58% over 1970-2022. The county recorded its highest growth in 1992 (36.79%) and posted its lowest growth in 1978 (-32.64%). In 2022, Anderson County's real total industry earnings declined by -29.90%
Anderson County Real Total Industry Earnings:
Annual Percent Change and Decade Averages Over 1970-2022
Anderson 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 traces the annual percent change in Anderson 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, Anderson County's annual real total industry earnings growth rate averaged 3.46%. It averaged 1.01% throughout the 1980s, 2.49% in the 1990s, 3.50% throughout the 2000s, 1.44% throughout the 2010s, 6.00% thus far this decade (2020-2022).
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 Anderson County noted in the previous graph with the corresponding decade averages for Kansas and the nation. As the chart reveals, Anderson County's average annual real total industry earnings growth fell below Kansas' average during the 1970s (3.46% vs. 3.69%), recorded under Kansas' average in the 1980s (1.01% vs. 1.36%), fell below Kansas' average throughout the 1990s (2.49% vs. 3.37%), registered above Kansas' average throughout the 2000s (3.50% vs. 1.84%), posted below Kansas' average in the 2010s (1.44% vs. 1.67%), and outperformed Kansas' average over the 3 year period of the current decade, 2020-2022 (6.00% vs. 0.52%).
Finally, relative to nationwide real total industry earnings growth trends, Anderson County outperformed the nation over the 1970s (3.46% vs. 3.13%), fell below the nation over the 1980s (1.01% vs. 2.62%), trailed the nation throughout the 1990s (2.49% vs. 3.43%), outpaced the nation in the 2000s (3.50% vs. 1.47%), recorded underneath the nation during the 2010s (1.44% vs. 2.53%), and outperformed the nation over 2020-2022 (6.00% vs. 1.48%).
   
 
Real* Total Industry Earnings Growth:
Average Annual Percent Change
 
 
 
2.58
3.46
1.01
2.49
3.50
1.44
6.00
-29.90
 
2.28
3.69
1.36
3.37
1.84
1.67
0.52
0.49
 
2.57
3.13
2.62
3.43
1.47
2.53
1.48
0.05
 
   

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

   
 
Anderson County:
Total Industry Earnings, 1969-2022
 
1969
 
15,678
0.189
83,027
100.0
N
0.25
1970
 
13,622
0.198
68,916
83.0
-17.00
0.20
1971
 
17,912
0.206
86,930
104.7
26.14
0.25
1972
 
21,155
0.213
99,282
119.6
14.21
0.26
1973
 
24,483
0.225
109,031
131.3
9.82
0.26
1974
 
22,604
0.248
91,171
109.8
-16.38
0.22
1975
 
23,865
0.269
88,850
107.0
-2.55
0.22
1976
 
24,670
0.283
87,072
104.9
-2.00
0.21
1977
 
33,619
0.302
111,410
134.2
27.95
0.26
1978
 
24,222
0.323
75,046
90.4
-32.64
0.17
1979
 
33,498
0.351
95,319
114.8
27.01
0.20
1980
 
27,292
0.389
70,109
84.4
-26.45
0.16
1981
 
36,701
0.424
86,528
104.2
23.42
0.19
1982
 
30,232
0.448
67,526
81.3
-21.96
0.15
1983
 
25,512
0.467
54,658
65.8
-19.06
0.12
1984
 
34,319
0.484
70,850
85.3
29.62
0.15
1985
 
44,148
0.501
88,071
106.1
24.31
0.18
1986
 
40,651
0.512
79,367
95.6
-9.88
0.16
1987
 
48,121
0.528
91,135
109.8
14.83
0.17
1988
 
44,451
0.549
81,019
97.6
-11.10
0.15
1989
 
49,340
0.573
86,167
103.8
6.35
0.16
1990
 
44,765
0.598
74,889
90.2
-13.09
0.14
1991
 
41,892
0.618
67,815
81.7
-9.45
0.12
1992
 
58,831
0.634
92,764
111.7
36.79
0.16
1993
 
47,963
0.650
73,789
88.9
-20.45
0.12
1994
 
57,054
0.664
85,982
103.6
16.52
0.14
1995
 
53,022
0.678
78,257
94.3
-8.98
0.13
1996
 
70,232
0.692
101,487
122.2
29.68
0.16
1997
 
78,405
0.704
111,360
134.1
9.73
0.16
1998
 
67,296
0.710
94,827
114.2
-14.85
0.13
1999
 
67,610
0.720
93,901
113.1
-0.98
0.13
2000
 
73,713
0.738
99,852
120.3
6.34
0.13
2001
 
82,408
0.753
109,437
131.8
9.60
0.14
2002
 
81,598
0.763
106,956
128.8
-2.27
0.14
2003
 
86,619
0.779
111,201
133.9
3.97
0.14
2004
 
91,260
0.798
114,322
137.7
2.81
0.15
2005
 
92,048
0.821
112,080
135.0
-1.96
0.14
2006
 
103,916
0.844
123,065
148.2
9.80
0.14
2007
 
113,616
0.866
131,186
158.0
6.60
0.15
2008
 
123,936
0.892
138,988
167.4
5.95
0.15
2009
 
116,416
0.889
130,921
157.7
-5.80
0.15
2010
 
110,813
0.905
122,426
147.5
-6.49
0.14
2011
 
137,724
0.928
148,403
178.7
21.22
0.16
2012
 
149,140
0.945
157,763
190.0
6.31
0.16
2013
 
148,466
0.958
155,006
186.7
-1.75
0.15
2014
 
136,063
0.971
140,096
168.7
-9.62
0.14
2015
 
143,577
0.973
147,563
177.7
5.33
0.15
2016
 
138,903
0.983
141,328
170.2
-4.22
0.14
2017
 
146,465
1.000
146,465
176.4
3.63
0.14
2018
 
146,402
1.020
143,465
172.8
-2.05
0.14
2019
 
151,459
1.035
146,319
176.2
1.99
0.14
2020
 
179,285
1.046
171,343
206.4
17.10
0.16
2021
 
244,279
1.090
224,107
269.9
30.79
0.21
2022
 
182,292
1.160
157,090
189.2
-29.90
0.15
Source: Calculations by the Kansas Regional Economic Analysis Project (KS-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1200_PSN
 
   

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

   
 
Kansas:
Total Industry Earnings, 1969-2022
 
1969
 
6,245,198
0.189
33,073,124
100.0
N
0.96
1970
 
6,690,128
0.198
33,846,646
102.3
2.34
0.96
1971
 
7,264,204
0.206
35,254,569
106.6
4.16
0.98
1972
 
8,215,074
0.213
38,553,942
116.6
9.36
1.00
1973
 
9,480,311
0.225
42,219,154
127.7
9.51
1.03
1974
 
10,087,948
0.248
40,688,694
123.0
-3.63
1.01
1975
 
10,817,483
0.269
40,273,578
121.8
-1.02
1.02
1976
 
11,848,311
0.283
41,818,060
126.4
3.83
1.01
1977
 
12,897,552
0.302
42,741,092
129.2
2.21
0.99
1978
 
14,339,974
0.323
44,429,217
134.3
3.95
0.97
1979
 
16,573,515
0.351
47,160,217
142.6
6.15
1.01
1980
 
17,482,872
0.389
44,910,789
135.8
-4.77
0.98
1981
 
19,379,585
0.424
45,690,404
138.1
1.74
0.99
1982
 
20,309,881
0.448
45,363,921
137.2
-0.71
0.99
1983
 
21,150,620
0.467
45,313,694
137.0
-0.11
0.97
1984
 
23,500,357
0.484
48,515,364
146.7
7.07
0.97
1985
 
24,656,942
0.501
49,187,963
148.7
1.39
0.94
1986
 
26,120,784
0.512
50,998,231
154.2
3.68
0.94
1987
 
27,662,642
0.528
52,389,383
158.4
2.73
0.92
1988
 
29,237,025
0.549
53,289,028
161.1
1.72
0.90
1989
 
30,767,702
0.573
53,732,387
162.5
0.83
0.89
1990
 
32,969,627
0.598
55,156,214
166.8
2.65
0.90
1991
 
34,001,290
0.618
55,041,425
166.4
-0.21
0.90
1992
 
36,969,895
0.634
58,293,748
176.3
5.91
0.91
1993
 
38,706,944
0.650
59,549,145
180.1
2.15
0.91
1994
 
40,652,949
0.664
61,264,918
185.2
2.88
0.91
1995
 
41,996,385
0.678
61,983,625
187.4
1.17
0.90
1996
 
45,020,069
0.692
65,055,083
196.7
4.96
0.91
1997
 
48,063,718
0.704
68,265,539
206.4
4.93
0.91
1998
 
51,247,463
0.710
72,213,089
218.3
5.78
0.90
1999
 
53,778,182
0.720
74,690,882
225.8
3.43
0.88
2000
 
56,072,632
0.738
75,956,533
229.7
1.69
0.85
2001
 
58,081,418
0.753
77,131,309
233.2
1.55
0.85
2002
 
58,870,743
0.763
77,166,039
233.3
0.05
0.84
2003
 
60,831,869
0.779
78,095,706
236.1
1.20
0.84
2004
 
62,930,696
0.798
78,833,848
238.4
0.95
0.82
2005
 
66,169,020
0.821
80,569,143
243.6
2.20
0.82
2006
 
71,889,012
0.844
85,136,206
257.4
5.67
0.84
2007
 
76,476,357
0.866
88,302,743
267.0
3.72
0.86
2008
 
82,101,198
0.892
92,072,668
278.4
4.27
0.91
2009
 
79,533,495
0.889
89,442,871
270.4
-2.86
0.92
2010
 
81,798,298
0.905
90,370,880
273.2
1.04
0.91
2011
 
87,783,520
0.928
94,590,233
286.0
4.67
0.93
2012
 
92,491,937
0.945
97,839,864
295.8
3.44
0.94
2013
 
97,722,251
0.958
102,026,760
308.5
4.28
0.96
2014
 
97,559,328
0.971
100,451,322
303.7
-1.54
0.92
2015
 
99,008,728
0.973
101,757,190
307.7
1.30
0.90
2016
 
98,569,520
0.983
100,290,505
303.2
-1.44
0.87
2017
 
101,249,379
1.000
101,249,379
306.1
0.96
0.85
2018
 
105,164,549
1.020
103,055,013
311.6
1.78
0.85
2019
 
109,063,326
1.035
105,361,960
318.6
2.24
0.84
2020
 
111,228,501
1.046
106,301,430
321.4
0.89
0.85
2021
 
116,071,277
1.090
106,486,433
322.0
0.17
0.81
2022
 
124,180,903
1.160
107,012,834
323.6
0.49
0.82
Source: Calculations by the Kansas Regional Economic Analysis Project (KS-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1200_PSN
 
   

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 Kansas Regional Economic Analysis Project (KS-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1200_PN
 
   
Copyright © 2024. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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