Lane County vs. Oregon
Comparative Trends Analysis:
Total Industry Earnings Growth and Change, 1969-2020
Introduction
Lane County vs. Oregon
Lane County:
2020 Earnings = $11,588,597K
2020 Percent of State = 7.1%
Oregon:
2020 Earnings = $163,610,934K
2020 Percent of U.S. = 1.2%
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.
Lane County Total Industry Earnings, 1970-2020
Current vs. Constant Dollars (Millions)
Lane County Total Industry Earnings, 1970-2020
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Lane County's annual total industry earnings over 1970-2020 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 Lane County over time.
When measured in current dollars, Lane County's total industry earnings increased 1,746.2%, from $628M in 1970 to $11,589M in 2020. When measured in constant 2012 dollars to adjust for inflation, it advanced 247.1%, from $3,002M in 1970 to $10,419M in 2020.
Real Total Industry Earnings, 1969-2020 (Millions)
Real Total Industry Earnings, 1969-2020 (Millions)
Figure 2.
Figure 2 traces Lane County's and Oregon's annual real total industry earnings for the period 1969-2020 to illustrate real total industry earnings patterns over time. During this 52-year period, Lane County's real total industry earnings rose from $2,947M in 1969 to $10,419M in 2020, for a net gain of $7,472M, or 253.5%. In comparison, Oregon's real total industry earnings advanced from $32,294M in 1969 to $147,099M in 2020, for a net gain of $114,805M, or 355.5%.
Real Total Industry Earnings Indices (1969=100): 1969-2020
Real Total Industry Earnings Indices (1969=100): 1969-2020
Figure 3.
Figure 3 portrays Lane County's real total industry earnings growth in a broader context by offering direct comparisons across time with Oregon, 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.
Lane County's overall real total industry earnings growth was 253.5% over 1969-2020 trailed Oregon's increase of 355.5%, and fell below the United States' increase of 262.7%.
Total Industry Earnings as a Percent of the Oregon Total: 1969-2020
Total Industry Earnings as a Percent of the Oregon Total: 1969-2020
Figure 4.
Another interesting and insightful way of comparing the total industry earnings growth of Lane County is to trace its individual percentage contributions to Oregon's 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 Oregon's total industry earnings, while a declining share shows it grew more slowly.
In 1969, Lane County's total industry earnings comprised 9.1% of Oregon's total industry earnings, while in 2020 it comprised 7.1% thereby yielding a -2.0% share-shift.
   
 
Total Industry Earnings Share-Shift
2020 vs. 1969
 
Share-
Shift*
 
2020
vs.
1969
-2.04%
=
7.08%
-
9.13%
 
   
Lane County Real Total Industry Earnings:
Annual Percent Change, 1970-2020
Lane County Real Total Industry Earnings:
Annual Percent Change, 1970-2020
Figure 5.
Figure 5 displays the short-run pattern of Lane County's real total industry earnings growth by tracking the year-to-year percent change over 1970-2020. The average annual percent change for the entire 51-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, Lane County's real total industry earnings grew at an annual rate of 2.59% over 1970-2020. The county posted its highest growth in 1976 (12.79%) and posted its lowest growth in 1982 (-9.33%). In 2020, Lane County's real total industry earnings grew by 0.66%
Lane County Real Total Industry Earnings:
Annual Percent Change and Decade Averages Over 1970-2020
Lane County Real Total Industry Earnings:
Annual Percent Change and Decade Averages Over 1970-2020
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 Lane County's real total industry earnings since 1970, but this time they are displayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, and 2020.
During the 1970s, Lane County's annual real total industry earnings growth rate averaged 5.69%. It averaged 0.53% during the 1980s, 3.45% throughout the 1990s, 0.93% in the 2000s, 2.56% in the 2010s, and 0.66% in 2020.
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 Lane County noted in the previous graph with the corresponding decade averages for Oregon and the nation. As the chart reveals, Lane County's average annual real total industry earnings growth outperformed Oregon's average during the 1970s (5.69% vs. 4.96%), posted below Oregon's average during the 1980s (0.53% vs. 1.29%), amounted to less than Oregon's average in the 1990s (3.45% vs. 4.66%), lagged Oregon's average throughout the 2000s (0.93% vs. 1.20%), and fell below Oregon's average over the 10 year period of the last decade, 2010-2019 (2.56% vs. 3.40%). In 2020, Lane County's growth has recorded under Oregon's average (0.66% vs. 1.58%).
Finally, relative to nationwide real total industry earnings growth trends, Lane County recorded above the nation over the 1970s (5.69% vs. 3.13%), fell below the nation throughout the 1980s (0.53% vs. 2.62%), outgained the nation over the 1990s (3.45% vs. 3.43%), recorded underneath the nation over the 2000s (0.93% vs. 1.47%), and led the nation over 2010-2019 (2.56% vs. 2.52%). In 2020, growth for Lane County has surpassed the national average (0.66% vs. 0.18%).
   
 
Real* Total Industry Earnings Growth:
Average Annual Percent Change
 
 
 
2.59
5.69
0.53
3.45
0.93
2.56
0.66
 
3.07
4.96
1.29
4.66
1.20
3.40
1.58
 
2.59
3.13
2.62
3.43
1.47
2.52
0.18
 
   

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

   
 
Lane County:
Total Industry Earnings, 1969-2020
 
1969
 
588,705
0.200
2,947,061
100.0
N
9.13
1970
 
627,706
0.209
3,001,942
101.9
1.86
9.20
1971
 
697,973
0.218
3,202,005
108.7
6.66
9.39
1972
 
804,687
0.225
3,569,723
121.1
11.48
9.55
1973
 
917,746
0.238
3,863,218
131.1
8.22
9.61
1974
 
994,100
0.262
3,790,080
128.6
-1.89
9.33
1975
 
1,062,543
0.284
3,739,374
126.9
-1.34
9.28
1976
 
1,264,194
0.300
4,217,635
143.1
12.79
9.65
1977
 
1,465,737
0.319
4,591,476
155.8
8.86
9.92
1978
 
1,692,236
0.341
4,956,029
168.2
7.94
9.89
1979
 
1,885,441
0.372
5,071,389
172.1
2.33
9.73
1980
 
1,952,220
0.412
4,740,469
160.9
-6.53
9.39
1981
 
1,996,562
0.449
4,449,560
151.0
-6.14
9.25
1982
 
1,910,765
0.474
4,034,299
136.9
-9.33
8.94
1983
 
2,033,508
0.494
4,118,247
139.7
2.08
9.02
1984
 
2,235,242
0.512
4,362,044
148.0
5.92
9.05
1985
 
2,341,045
0.530
4,414,484
149.8
1.20
8.99
1986
 
2,463,049
0.542
4,545,713
154.2
2.97
8.88
1987
 
2,681,022
0.559
4,799,968
162.9
5.59
9.04
1988
 
2,964,880
0.580
5,108,515
173.3
6.43
9.03
1989
 
3,189,720
0.606
5,265,997
178.7
3.08
8.97
1990
 
3,395,615
0.632
5,370,174
182.2
1.98
8.73
1991
 
3,501,769
0.653
5,358,894
181.8
-0.21
8.54
1992
 
3,731,287
0.671
5,561,863
188.7
3.79
8.46
1993
 
3,990,448
0.688
5,803,613
196.9
4.35
8.45
1994
 
4,328,669
0.702
6,166,810
209.3
6.26
8.53
1995
 
4,493,699
0.717
6,269,899
212.8
1.67
8.33
1996
 
4,759,354
0.732
6,501,494
220.6
3.69
8.11
1997
 
5,103,700
0.745
6,852,628
232.5
5.40
8.10
1998
 
5,412,963
0.751
7,210,554
244.7
5.22
8.08
1999
 
5,622,216
0.762
7,381,724
250.5
2.37
7.97
2000
 
5,949,729
0.781
7,619,066
258.5
3.22
7.78
2001
 
6,184,893
0.797
7,764,504
263.5
1.91
7.94
2002
 
6,333,182
0.807
7,847,615
266.3
1.07
8.03
2003
 
6,575,656
0.824
7,980,359
270.8
1.69
8.04
2004
 
6,997,017
0.844
8,286,083
281.2
3.83
8.06
2005
 
7,472,096
0.869
8,600,875
291.8
3.80
8.16
2006
 
8,014,323
0.893
8,972,395
304.5
4.32
8.12
2007
 
8,141,022
0.916
8,886,220
301.5
-0.96
7.96
2008
 
8,107,839
0.943
8,595,642
291.7
-3.27
7.85
2009
 
7,574,007
0.941
8,052,143
273.2
-6.32
7.76
2010
 
7,748,696
0.957
8,092,886
274.6
0.51
7.78
2011
 
7,918,038
0.982
8,065,639
273.7
-0.34
7.64
2012
 
8,335,831
1.000
8,335,831
282.9
3.35
7.59
2013
 
8,489,808
1.014
8,376,392
284.2
0.49
7.46
2014
 
8,870,399
1.029
8,621,496
292.5
2.93
7.41
2015
 
9,499,765
1.031
9,212,697
312.6
6.86
7.41
2016
 
9,977,562
1.041
9,580,176
325.1
3.99
7.39
2017
 
10,544,802
1.061
9,943,142
337.4
3.79
7.36
2018
 
11,056,965
1.083
10,207,874
346.4
2.66
7.26
2019
 
11,378,195
1.099
10,351,154
351.2
1.40
7.15
2020
 
11,588,597
1.112
10,419,058
353.5
0.66
7.08
Source: Calculations by the Oregon Regional Economic Analysis Project (OR-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2021
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.

   
 
Oregon:
Total Industry Earnings, 1969-2020
 
1969
 
6,451,132
0.200
32,294,413
100.0
N
0.99
1970
 
6,820,919
0.209
32,620,368
101.0
1.01
0.98
1971
 
7,436,758
0.218
34,116,699
105.6
4.59
1.00
1972
 
8,424,168
0.225
37,370,987
115.7
9.54
1.03
1973
 
9,547,742
0.238
40,190,865
124.5
7.55
1.04
1974
 
10,650,830
0.262
40,607,076
125.7
1.04
1.07
1975
 
11,446,752
0.284
40,284,188
124.7
-0.80
1.08
1976
 
13,099,136
0.300
43,701,661
135.3
8.48
1.12
1977
 
14,778,338
0.319
46,293,700
143.3
5.93
1.13
1978
 
17,108,354
0.341
50,105,005
155.2
8.23
1.16
1979
 
19,383,962
0.372
52,138,259
161.4
4.06
1.18
1980
 
20,793,402
0.412
50,491,482
156.3
-3.16
1.17
1981
 
21,578,295
0.449
48,089,624
148.9
-4.76
1.10
1982
 
21,368,509
0.474
45,116,460
139.7
-6.18
1.04
1983
 
22,543,438
0.494
45,654,822
141.4
1.19
1.03
1984
 
24,707,450
0.512
48,216,244
149.3
5.61
1.02
1985
 
26,037,285
0.530
49,098,235
152.0
1.83
1.00
1986
 
27,743,866
0.542
51,203,060
158.6
4.29
1.00
1987
 
29,649,019
0.559
53,082,122
164.4
3.67
0.99
1988
 
32,817,237
0.580
56,544,397
175.1
6.52
1.01
1989
 
35,571,130
0.606
58,725,368
181.8
3.86
1.03
1990
 
38,896,205
0.632
61,514,455
190.5
4.75
1.06
1991
 
40,985,069
0.653
62,721,048
194.2
1.96
1.08
1992
 
44,088,746
0.671
65,718,762
203.5
4.78
1.09
1993
 
47,210,961
0.688
68,662,499
212.6
4.48
1.11
1994
 
50,731,563
0.702
72,274,391
223.8
5.26
1.14
1995
 
53,961,431
0.717
75,290,468
233.1
4.17
1.15
1996
 
58,664,779
0.732
80,138,762
248.2
6.44
1.18
1997
 
63,045,723
0.745
84,650,129
262.1
5.63
1.19
1998
 
67,000,387
0.751
89,250,549
276.4
5.43
1.17
1999
 
70,515,926
0.762
92,584,326
286.7
3.74
1.16
2000
 
76,476,184
0.781
97,933,390
303.3
5.78
1.16
2001
 
77,901,978
0.797
97,798,004
302.8
-0.14
1.13
2002
 
78,893,035
0.807
97,758,463
302.7
-0.04
1.13
2003
 
81,753,912
0.824
99,218,321
307.2
1.49
1.13
2004
 
86,826,374
0.844
102,822,465
318.4
3.63
1.13
2005
 
91,516,988
0.869
105,342,083
326.2
2.45
1.14
2006
 
98,741,277
0.893
110,545,305
342.3
4.94
1.16
2007
 
102,280,159
0.916
111,642,499
345.7
0.99
1.15
2008
 
103,230,207
0.943
109,440,983
338.9
-1.97
1.15
2009
 
97,638,055
0.941
103,801,806
321.4
-5.15
1.12
2010
 
99,556,290
0.957
103,978,495
322.0
0.17
1.10
2011
 
103,608,064
0.982
105,539,436
326.8
1.50
1.10
2012
 
109,896,809
1.000
109,896,809
340.3
4.13
1.11
2013
 
113,774,680
1.014
112,254,751
347.6
2.15
1.11
2014
 
119,703,667
1.029
116,344,793
360.3
3.64
1.12
2015
 
128,203,551
1.031
124,329,445
385.0
6.86
1.15
2016
 
135,073,702
1.041
129,693,995
401.6
4.31
1.19
2017
 
143,254,086
1.061
135,080,373
418.3
4.15
1.20
2018
 
152,357,984
1.083
140,658,048
435.5
4.13
1.22
2019
 
159,175,281
1.099
144,807,483
448.4
2.95
1.22
2020
 
163,610,934
1.112
147,099,064
455.5
1.58
1.24
Source: Calculations by the Oregon Regional Economic Analysis Project (OR-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2021
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, 1969-2020
 
1969
 
653,665,000
0.200
3,272,251,702
100.0
N
1970
 
693,352,000
0.209
3,315,887,135
101.3
1.33
1971
 
742,094,000
0.218
3,404,413,249
104.0
2.67
1972
 
819,646,000
0.225
3,636,083,755
111.1
6.81
1973
 
918,964,000
0.238
3,868,344,839
118.2
6.39
1974
 
993,909,000
0.262
3,789,351,481
115.8
-2.04
1975
 
1,059,492,000
0.284
3,728,636,284
113.9
-1.60
1976
 
1,173,271,000
0.300
3,914,295,723
119.6
4.98
1977
 
1,303,767,000
0.319
4,084,099,239
124.8
4.34
1978
 
1,476,080,000
0.341
4,322,975,546
132.1
5.85
1979
 
1,648,363,000
0.372
4,433,705,417
135.5
2.56
1980
 
1,784,597,000
0.412
4,333,439,367
132.4
-2.26
1981
 
1,961,173,000
0.449
4,370,691,538
133.6
0.86
1982
 
2,053,729,000
0.474
4,336,146,359
132.5
-0.79
1983
 
2,188,018,000
0.494
4,431,159,626
135.4
2.19
1984
 
2,432,402,000
0.512
4,746,798,587
145.1
7.12
1985
 
2,615,791,000
0.530
4,932,569,629
150.7
3.91
1986
 
2,786,901,000
0.542
5,143,402,111
157.2
4.27
1987
 
2,996,000,000
0.559
5,363,888,640
163.9
4.29
1988
 
3,259,979,000
0.580
5,616,973,362
171.7
4.72
1989
 
3,467,027,000
0.606
5,723,811,332
174.9
1.90
1990
 
3,679,460,000
0.632
5,819,076,086
177.8
1.66
1991
 
3,789,428,000
0.653
5,799,109,343
177.2
-0.34
1992
 
4,059,023,000
0.671
6,050,386,811
184.9
4.33
1993
 
4,237,437,000
0.688
6,162,827,598
188.3
1.86
1994
 
4,456,948,000
0.702
6,349,561,922
194.0
3.03
1995
 
4,674,849,000
0.717
6,522,650,723
199.3
2.73
1996
 
4,956,180,000
0.732
6,770,367,740
206.9
3.80
1997
 
5,288,047,000
0.745
7,100,146,352
217.0
4.87
1998
 
5,707,014,000
0.751
7,602,256,561
232.3
7.07
1999
 
6,098,042,000
0.762
8,006,462,371
244.7
5.32
2000
 
6,598,743,000
0.781
8,450,176,719
258.2
5.54
2001
 
6,865,291,000
0.797
8,618,674,048
263.4
1.99
2002
 
7,001,002,000
0.807
8,675,128,250
265.1
0.66
2003
 
7,243,377,000
0.824
8,790,719,435
268.6
1.33
2004
 
7,674,785,000
0.844
9,088,716,649
277.8
3.39
2005
 
8,039,238,000
0.869
9,253,692,619
282.8
1.82
2006
 
8,519,349,000
0.893
9,537,794,720
291.5
3.07
2007
 
8,866,152,000
0.916
9,677,726,112
295.8
1.47
2008
 
9,014,034,000
0.943
9,556,357,275
292.0
-1.25
2009
 
8,688,852,000
0.941
9,237,366,843
282.3
-3.34
2010
 
9,023,830,000
0.957
9,424,660,825
288.0
2.03
2011
 
9,444,365,000
0.982
9,620,418,662
294.0
2.08
2012
 
9,902,321,000
1.000
9,902,321,000
302.6
2.93
2013
 
10,232,098,000
1.014
10,095,406,200
308.5
1.95
2014
 
10,688,401,000
1.029
10,388,485,426
317.5
2.90
2015
 
11,115,543,000
1.031
10,779,649,133
329.4
3.77
2016
 
11,384,770,000
1.041
10,931,338,096
334.1
1.41
2017
 
11,926,173,000
1.061
11,245,695,939
343.7
2.88
2018
 
12,515,233,000
1.083
11,554,158,127
353.1
2.74
2019
 
13,024,685,000
1.099
11,849,024,763
362.1
2.55
2020
 
13,202,475,000
1.112
11,870,060,688
362.7
0.18
Source: Calculations by the Oregon Regional Economic Analysis Project (OR-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2021
REAP_PI_CA1400_1200_PN
 
   
Copyright © 2022. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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