Personal Income by Industry | ||||||
Last Six Calendar Years | ||||||
(Expressed in Thousands) | ||||||
2002 | 2003 | 2004 | 2005 | 2006 | 2007 | |
---|---|---|---|---|---|---|
Farm Earnings | $169,384 | $163,186 | $181,512 | $179,546 | $132,701 | $140,000 |
Agricultural Services, Forestry, Fishing | 53,215 | 47,990 | 45,653 | 43,390 | 48,463 | 51,000 |
Mining | 132,885 | 142,415 | 183,161 | 210,433 | 239,725 | 263,000 |
Construction | 5,949,891 | 5,883,794 | 6,702,149 | 7,221,766 | 8,279,075 | 8,514,000 |
Durable Goods | 11,755,698 | 11,794,810 | 12,388,008 | 12,909,198 | 13,269,852 | 19,986,000 |
Nondurable Goods | 5,085,994 | 5,093,473 | 5,360,660 | 5,495,647 | 5,718,664 | 5,931,000 |
Transportation and Public Utilities | 3,063,712 | 3,323,358 | 3,639,012 | 3,664,577 | 6,637,800 | 6,956,000 |
Wholesale Trade | 5,420,568 | 5,515,096 | 5,819,416 | 6,199,684 | 7,938,639 | 8,226,000 |
Retail Trade | 7,295,378 | 7,349,016 | 7,533,969 | 7,696,592 | 2,631,548 | 2,778,000 |
Services | 59,658,975 | 59,358,363 | 65,546,050 | 69,407,977 | 72,920,312 | 77,441,000 |
Federal, Civilian | 1,555,257 | 1,556,662 | 1,685,192 | 1,651,650 | 1,731,848 | 1,771,000 |
Military | 684,388 | 785,349 | 842,406 | 882,223 | 932,364 | 940,000 |
State and Local | 11,714,486 | 11,852,667 | 12,467,586 | 13,126,266 | 13,846,143 | 14,591,000 |
Other¹ | 34,457,608 | 36,109,211 | 36,501,189 | 38,118,358 | 43,670,025 | 41,075,000 |
Total Personal Income | $146,997,439 | $148,975,390 | $158,895,963 | $166,807,307 | $177,997,159 | $188,663,000 |
Average Effective Rate² | 2.50% | 2.48% | 2.97% | 3.17% | 3.34% | 3.46% |
Notes:
Fiscal year 2007 amounts are based on second quarter estimates.
1Includes dividends, interest, rental income, residence adjustments, government
transfers to individuals, and deductions for insurance.
2Total direct rate for personal income is not available. Average effective rate
equals fiscal year net tax collections divided by prior-year total
personal income.
Sources: U. S. Bureau of Economic Analysis and Department of Revenue Services