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Patterns of Economic Change by State and Area 2022 - Income, Employment, and Gross Domestic Product (Paperback, Ninth Edition)
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Patterns of Economic Change by State and Area 2022 - Income, Employment, and Gross Domestic Product (Paperback, Ninth Edition)
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Patterns of Economic Change by State and Area: Income, Employment,
and Gross Domestic Product is a special edition of Business
Statistics of the United States. It presents data on personal
income, employment, and gross domestic product for the United
States as a whole, and by region, state, and metropolitan
statistical area (MSA). Data on personal income and employment
extends back to 1960 for the states and regions and to 1970 for the
MSAs. Patterns of Economic Change complements other Bernan Press
titles such as the State and Metropolitan Area Data Book and County
and City Extra. In contrast to their predominantly current and
detailed cross-section data on states and metropolitan areas, this
book contributes historical time-series measurements of key
aggregates that show how the economies of regions, states, and
metropolitan areas have responded over time to cyclical currents
and long-term trends. Statistics at the state level provide a
framework for analyzing current economic conditions in each state
and can serve as a basis for decision making. For example: Federal
government agencies use the statistics as a basis for allocating
funds and determining matching grants to states. The statistics are
also used in forecasting models to project energy and water use.
State governments use the statistics to project tax revenues and
the need for public services. Academic regional economists use the
statistics for applied research. Businesses, trade associations,
and labor organizations use the statistics for market research.
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