Actions for Income and Wealth Metrics from the Complete U.S. Database - 2024 database shown in (in 2012 dollars) Date Type: Year; Country: USA; Indicator: NET EARNINGS Sage Data. Sage Publishing Ltd Sage Data [electronic resource]

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Income and Wealth Metrics from the Complete U.S. Database - 2024 database shown in (in 2012 dollars) Date Type: Year; Country: USA; Indicator: NET EARNINGS Sage Data. Sage Publishing Ltd Sage Data [electronic resource]

Corporate Author
Woods & Poole Economics, Inc
Published
Thousand Oaks, CA : Sage Publications, Inc. 2025
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Summary
Provides metrics associated with personal income and regional wealth and gross domestic product. Personal income is the income received by persons from all sources, that is, from participation in production, from both government and business transfer payments, and from government interest, which is treated like a transfer payment. Persons consist of individuals, nonprofit institutions serving individuals, private uninsured welfare funds, and private trust funds. Personal income is the sum of wages and salaries, other labor income, proprietors' income, rental income of persons, dividend income, personal interest income, and transfer payments less personal contributions for social insurance. The Woods & Poole Wealth Index is a measure of relative total personal income per capita weighted by the source of income. The Complete U.S. Database by Woods & Poole provides annual historical and projected estimates of population and economic variables across the US to 2060. All data 2023-2060 are projected. Woods & Poole uses historical data from the Bureau of Economic Analysis (BEA) and Census Bureau, both of which are part of the U.S. Department of Commerce, to estimate its projections. The Woods & Poole 2024 projections are based on annual historical data from 1969 to 2022. In the 2024 projections historical time series data through 2019 and for the year 2022 are used for the forecasts. Data for 2020 and 2021 are not used in the time series because of the impact of the COVID-19 pandemic. Much of the economic projections relies on BEA historical data, including county-level data for employment and earnings. Other sources of data include the decennial censuses, postcensal reports for population and household data, and the quinquennial Census of Retail Trade. Census Bureau population estimates are used as the basis for estimates of single-age, sex, and race projections. Projections are based on regional model and export-base projection methods applied to historical county databases from the BEA and Census Bureau. All other geographic projected estimates are based on those county estimates.
Subject(s)
ISBN
9781071842294 Sage Data Premium: Woods and Poole
Type of File/Data
Statistical data with bibliographic citation and abstract.
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