Yamhill County vs. Oregon
Comparative Trends Analysis:
Total Industry Earnings Growth and Change, 1969-2022
Introduction
Yamhill County vs. Oregon
Yamhill County:
2022 Earnings = $3,083,302K
2022 Percent of State = 1.62%
Oregon:
2022 Earnings = $190,336,242K
2022 Percent of U.S. = 1.25%
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.
Yamhill County Total Industry Earnings, 1970-2022
Current vs. Constant Dollars (Millions)
Yamhill County Total Industry Earnings, 1970-2022
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Yamhill 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 Yamhill County over time.
When measured in current dollars, Yamhill County's total industry earnings increased 3,448.84%, from $87M in 1970 to $3,083M in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 504.49%, from $440M in 1970 to $2,657M in 2022.
Real Total Industry Earnings, 1969-2022 (Millions)
Real Total Industry Earnings, 1969-2022 (Millions)
Figure 2.
Figure 2 tracks Yamhill County's and Oregon's annual real total industry earnings for the period 1969-2022 to illustrate real total industry earnings patterns over time. During this 54-year period, Yamhill County's real total industry earnings rose from $444M in 1969 to $2,657M in 2022, for a net gain of $2,213M, or 498.93%. In comparison, Oregon's real total industry earnings increased from $34,164M in 1969 to $164,022M in 2022, for a net gain of $129,858M, or 380.11%.
Real Total Industry Earnings Indices (1969=100): 1969-2022
Real Total Industry Earnings Indices (1969=100): 1969-2022
Figure 3.
Figure 3 shows Yamhill 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.
Yamhill County's overall real total industry earnings growth was 498.93% over 1969-2022 outpaced Oregon's increase of 380.11%, and topped the United States' increase of 278.59%.
Total Industry Earnings as a Percent of the Oregon Total: 1969-2022
Total Industry Earnings as a Percent of the Oregon Total: 1969-2022
Figure 4.
Another interesting and insightful way of highlighting the total industry earnings growth of Yamhill County is to compare 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, Yamhill County's total industry earnings comprised 1.30% of Oregon's total industry earnings, while in 2022 it comprised 1.62% thereby yielding a +0.32% share-shift.
   
 
Total Industry Earnings Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
+0.32%
=
1.62%
-
1.30%
 
   
Yamhill County Real Total Industry Earnings:
Annual Percent Change, 1970-2022
Yamhill County Real Total Industry Earnings:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 highlights the short-run pattern of Yamhill 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 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, Yamhill County's real total industry earnings grew at an annual rate of 3.53% over 1970-2022. The county posted its highest growth in 1973 (18.66%) and posted its lowest growth in 1982 (-7.35%). In 2022, Yamhill County's real total industry earnings grew by 0.49%
Yamhill County Real Total Industry Earnings:
Annual Percent Change and Decade Averages Over 1970-2022
Yamhill 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 Yamhill 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, 2010s, and 2020-2022.
During the 1970s, Yamhill County's annual real total industry earnings growth rate averaged 6.74%. It averaged 1.96% in the 1980s, 4.43% throughout the 1990s, 2.25% during the 2000s, 2.44% during the 2010s, 3.02% 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 Yamhill County noted in the previous graph with the corresponding decade averages for Oregon and the nation. As the chart reveals, Yamhill County's average annual real total industry earnings growth outperformed Oregon's average during the 1970s (6.74% vs. 4.96%), outperformed Oregon's average during the 1980s (1.96% vs. 1.29%), fell below Oregon's average throughout the 1990s (4.43% vs. 4.66%), led Oregon's average in the 2000s (2.25% vs. 1.20%), amounted to less than Oregon's average throughout the 2010s (2.44% vs. 3.44%), and outgained Oregon's average over the 3 year period of the current decade, 2020-2022 (3.02% vs. 2.20%).
Finally, relative to nationwide real total industry earnings growth trends, Yamhill County exceeded the nation in the 1970s (6.74% vs. 3.13%), lagged the nation in the 1980s (1.96% vs. 2.62%), outpaced the nation in the 1990s (4.43% vs. 3.43%), led the nation over the 2000s (2.25% vs. 1.47%), fell under the nation in the 2010s (2.44% vs. 2.53%), and topped the nation over 2020-2022 (3.02% vs. 1.48%).
   
 
Real* Total Industry Earnings Growth:
Average Annual Percent Change
 
 
 
3.53
6.74
1.96
4.43
2.25
2.44
3.02
0.49
 
3.06
4.96
1.29
4.66
1.20
3.44
2.20
-0.69
 
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.

   
 
Yamhill County:
Total Industry Earnings, 1969-2022
 
1969
 
83,771
0.189
443,632
100.0
N
1.30
1970
 
86,882
0.198
439,553
99.1
-0.92
1.27
1971
 
93,664
0.206
454,569
102.5
3.42
1.26
1972
 
107,457
0.213
504,304
113.7
10.94
1.28
1973
 
134,374
0.225
598,415
134.9
18.66
1.41
1974
 
147,116
0.248
593,377
133.8
-0.84
1.38
1975
 
161,154
0.269
599,978
135.2
1.11
1.41
1976
 
192,625
0.283
679,861
153.2
13.31
1.47
1977
 
221,342
0.302
733,503
165.3
7.89
1.50
1978
 
253,772
0.323
786,256
177.2
7.19
1.48
1979
 
294,544
0.351
838,130
188.9
6.60
1.52
1980
 
320,122
0.389
822,344
185.4
-1.88
1.54
1981
 
326,472
0.424
769,709
173.5
-6.40
1.51
1982
 
319,290
0.448
713,163
160.8
-7.35
1.49
1983
 
339,835
0.467
728,072
164.1
2.09
1.51
1984
 
374,055
0.484
772,219
174.1
6.06
1.51
1985
 
392,129
0.501
782,255
176.3
1.30
1.51
1986
 
436,020
0.512
851,286
191.9
8.82
1.57
1987
 
474,064
0.528
897,814
202.4
5.47
1.60
1988
 
527,266
0.549
961,024
216.6
7.04
1.61
1989
 
575,022
0.573
1,004,212
226.4
4.49
1.62
1990
 
635,093
0.598
1,062,473
239.5
5.80
1.63
1991
 
675,061
0.618
1,092,791
246.3
2.85
1.65
1992
 
720,874
0.634
1,136,667
256.2
4.01
1.64
1993
 
777,938
0.650
1,196,828
269.8
5.29
1.65
1994
 
846,978
0.664
1,276,415
287.7
6.65
1.67
1995
 
899,037
0.678
1,326,914
299.1
3.96
1.67
1996
 
981,986
0.692
1,418,993
319.9
6.94
1.67
1997
 
1,039,993
0.704
1,477,116
333.0
4.10
1.65
1998
 
1,086,195
0.710
1,530,564
345.0
3.62
1.62
1999
 
1,113,548
0.720
1,546,573
348.6
1.05
1.58
2000
 
1,149,141
0.738
1,556,638
350.9
0.65
1.50
2001
 
1,243,039
0.753
1,650,738
372.1
6.05
1.60
2002
 
1,282,287
0.763
1,680,784
378.9
1.82
1.63
2003
 
1,387,181
0.779
1,780,857
401.4
5.95
1.70
2004
 
1,460,891
0.798
1,830,071
412.5
2.76
1.68
2005
 
1,566,139
0.821
1,906,972
429.9
4.20
1.71
2006
 
1,728,718
0.844
2,047,274
461.5
7.36
1.75
2007
 
1,804,740
0.866
2,083,827
469.7
1.79
1.77
2008
 
1,815,923
0.892
2,036,473
459.0
-2.27
1.76
2009
 
1,705,200
0.889
1,917,657
432.3
-5.83
1.75
2010
 
1,686,167
0.905
1,862,880
419.9
-2.86
1.69
2011
 
1,741,719
0.928
1,876,771
423.0
0.75
1.68
2012
 
1,832,935
0.945
1,938,916
437.1
3.31
1.68
2013
 
1,903,714
0.958
1,987,570
448.0
2.51
1.68
2014
 
1,996,018
0.971
2,055,187
463.3
3.40
1.68
2015
 
2,163,745
0.973
2,223,810
501.3
8.20
1.70
2016
 
2,189,051
0.983
2,227,271
502.1
0.16
1.63
2017
 
2,274,011
1.000
2,274,011
512.6
2.10
1.60
2018
 
2,418,154
1.020
2,369,647
534.1
4.21
1.60
2019
 
2,516,543
1.035
2,431,137
548.0
2.59
1.58
2020
 
2,658,372
1.046
2,540,615
572.7
4.50
1.62
2021
 
2,881,940
1.090
2,643,957
596.0
4.07
1.60
2022
 
3,083,302
1.160
2,657,034
598.9
0.49
1.62
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 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.

   
 
Oregon:
Total Industry Earnings, 1969-2022
 
1969
 
6,451,132
0.189
34,163,703
100.0
N
0.99
1970
 
6,820,919
0.198
34,508,343
101.0
1.01
0.98
1971
 
7,436,758
0.206
36,092,007
105.6
4.59
1.00
1972
 
8,424,168
0.213
39,535,236
115.7
9.54
1.03
1973
 
9,547,742
0.225
42,519,448
124.5
7.55
1.04
1974
 
10,650,830
0.248
42,959,021
125.7
1.03
1.07
1975
 
11,446,752
0.269
42,616,351
124.7
-0.80
1.08
1976
 
13,099,136
0.283
46,232,789
135.3
8.49
1.12
1977
 
14,778,338
0.302
48,973,814
143.4
5.93
1.13
1978
 
17,108,354
0.323
53,006,426
155.2
8.23
1.16
1979
 
19,383,962
0.351
55,157,391
161.5
4.06
1.18
1980
 
20,793,402
0.389
53,415,028
156.4
-3.16
1.17
1981
 
21,578,295
0.424
50,874,207
148.9
-4.76
1.10
1982
 
21,368,509
0.448
47,728,460
139.7
-6.18
1.04
1983
 
22,543,438
0.467
48,297,708
141.4
1.19
1.03
1984
 
24,707,450
0.484
51,007,349
149.3
5.61
1.02
1985
 
26,037,285
0.501
51,941,600
152.0
1.83
1.00
1986
 
27,743,866
0.512
54,167,137
158.6
4.28
1.00
1987
 
29,649,019
0.528
56,151,318
164.4
3.66
0.99
1988
 
32,817,237
0.549
59,814,521
175.1
6.52
1.01
1989
 
35,571,130
0.573
62,121,042
181.8
3.86
1.03
1990
 
38,896,205
0.598
65,071,025
190.5
4.75
1.06
1991
 
40,985,069
0.618
66,346,795
194.2
1.96
1.08
1992
 
44,088,746
0.634
69,518,679
203.5
4.78
1.09
1993
 
47,210,961
0.650
72,632,248
212.6
4.48
1.11
1994
 
50,731,563
0.664
76,453,618
223.8
5.26
1.14
1995
 
53,961,431
0.678
79,643,166
233.1
4.17
1.15
1996
 
58,664,779
0.692
84,772,017
248.1
6.44
1.18
1997
 
63,045,723
0.704
89,544,680
262.1
5.63
1.19
1998
 
67,000,387
0.710
94,410,623
276.3
5.43
1.17
1999
 
70,515,926
0.720
97,937,426
286.7
3.74
1.16
2000
 
76,476,184
0.738
103,595,383
303.2
5.78
1.16
2001
 
77,901,978
0.753
103,452,734
302.8
-0.14
1.13
2002
 
78,905,274
0.763
103,426,714
302.7
-0.03
1.13
2003
 
81,772,378
0.779
104,979,046
307.3
1.50
1.13
2004
 
86,845,383
0.798
108,791,991
318.4
3.63
1.13
2005
 
91,537,854
0.821
111,458,904
326.2
2.45
1.14
2006
 
98,735,902
0.844
116,930,249
342.3
4.91
1.16
2007
 
102,238,122
0.866
118,048,336
345.5
0.96
1.15
2008
 
103,219,309
0.892
115,755,645
338.8
-1.94
1.15
2009
 
97,650,217
0.889
109,816,823
321.4
-5.13
1.12
2010
 
99,600,403
0.905
110,038,671
322.1
0.20
1.10
2011
 
103,621,439
0.928
111,656,221
326.8
1.47
1.10
2012
 
109,350,438
0.945
115,673,131
338.6
3.60
1.11
2013
 
113,186,077
0.958
118,171,743
345.9
2.16
1.11
2014
 
118,923,010
0.971
122,448,296
358.4
3.62
1.12
2015
 
127,338,274
0.973
130,873,158
383.1
6.88
1.15
2016
 
134,141,547
0.983
136,483,606
399.5
4.29
1.19
2017
 
142,240,444
1.000
142,240,444
416.3
4.22
1.20
2018
 
151,291,613
1.020
148,256,796
434.0
4.23
1.22
2019
 
159,184,930
1.035
153,782,549
450.1
3.73
1.23
2020
 
164,578,004
1.046
157,287,718
460.4
2.28
1.25
2021
 
180,026,304
1.090
165,160,232
483.4
5.01
1.26
2022
 
190,336,242
1.160
164,022,166
480.1
-0.69
1.25
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 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 Oregon Regional Economic Analysis Project (OR-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1200_PN
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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