Strafford County vs. New Hampshire
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2018
Introduction
Strafford County:
2018 TPI = $6,579,205K
2018 Percent of State = 7.9%
New Hampshire:
2018 TPI = $83,142,609K
2018 Percent of State = 0.5%
The annual total personal incomes (TPI) estimates compiled by the Bureau of Economic Analysis, (BEA) are among the most comprehensive, consistent, comparable and timely measures of economic activity available statewide and at the national levels. Personal income estimates are also the best available local level indicator of general purchasing power, and are therefore central to tracking and comparing county patterns of economic growth and change.
The following graphs highlight trends in the pattern of growth and change in the total personal income of Strafford County and New Hampshire with comparison to the nation. The data used are those compiled by the Regional Income and Product Divisions of the Bureau of Economic Analysis, U.S. Department of Commerce. The 2012 constant dollar (real) estimates of total personal income reported in the tables and portrayed graphically below are determined using the Chain-Weight Implicit Price Deflator for Personal Consumption.
Data Definition:
Personal income is the income received by persons from participation in production, plus transfer receipts from government and business, plus government interest (which is treated like a transfer receipt). It is defined as the sum of wages and salaries, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insurance. Because the personal income of an area represents the income that is received by, or on behalf of, all the persons who live in that area, and because the estimates of some components of personal income (wages and salaries, supplements to wages and salaries, and contributions for government social insurance) are made on a place-of-work basis, state personal income includes an adjustment for residence. The residence adjustment represents the net flow of compensation (less contributions for government social insurance) of interstate commuters.
Strafford County Total Personal Income, 1969-2018
Current vs. Constant Dollars (Millions)
Strafford County Total Personal Income, 1969-2018
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Strafford County's annual total personal income over 1969-2018 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 Strafford County over time.
When measured in current dollars, Strafford County's total personal income increased 2,561.0%, from $247M in 1969 to $6,579M in 2018. When measured in constant 2012 dollars to adjust for inflation, it advanced 392.5%, from $1,235M in 1969 to $6,084M in 2018.
Real Total Personal Income, 1969-2018 (Millions)
Real Total Personal Income, 1969-2018 (Millions)
Figure 2.
Figure 2 tracks Strafford County's and New Hampshire's annual real total personal income for the period 1969-2018 to illustrate real total personal income patterns over time. During this 50-year period, Strafford County's real total personal income rose from $1,235M in 1969 to $6,084M in 2018, for a net gain of $4,848M, or 392.5%. In comparison, New Hampshire's real total personal income increased from $13,896M in 1969 to $76,882M in 2018, for a net advance of $62,986M, or 453.3%.
Real Total Personal Income Indices (1969=100): 1969-2018
Real Total Personal Income Indices (1969=100): 1969-2018
Figure 3.
Figure 3 portrays Strafford County's real total personal income growth in a broader context by offering direct comparisons across time with New Hampshire, the United States. The growth indices shown here express each region's real total personal income in 1969 as a base figure of 100, and the real total personal incomes in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real total personal income growth between regions that may differ vastly in size.
Strafford County's overall real total personal income growth was 392.5% over 1969-2018 trailed New Hampshire's increase of 453.3%, and topped the United States' increase of 316.7%.
Total Personal Income as a Percent of the New Hampshire Total: 1969-2018
Total Personal Income as a Percent of the New Hampshire Total: 1969-2018
Figure 4.
Another interesting and insightful way of comparing the total personal income growth of Strafford County is to compare its individual percentage contributions to New Hampshire's statewide total personal income over time, as shown in Figure 4. A rising share means a region's total personal income grew faster, or declined less, than New Hampshire's total personal income, while a declining share shows it grew more slowly.
In 1969, Strafford County's total personal income totaled 8.9% of New Hampshire's total personal income, while in 2018 it equated to 7.9% thereby yielding a -1.0% share-shift.
   
 
Total Personal Income Share-Shift
2018 vs. 1969
 
Share-
Shift*
 
2018
vs.
1969
-0.98%
=
7.91%
-
8.89%
 
   
Strafford County Real Total Personal Income:
Annual Percent Change, 1970-2018
Strafford County Real Total Personal Income:
Annual Percent Change, 1970-2018
Figure 5.
Figure 5 highlights the short-run pattern of Strafford County's real total personal income growth by tracking the year-to-year percent change over 1970-2018. The average annual percent change for the entire 49-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, Strafford County's real total personal income grew at an annual rate of 3.35% over 1970-2018. The county recorded its highest growth in 2000 (8.79%) and recorded its lowest growth in 1974 (-2.09%). In 2018, Strafford County's real total personal income grew by 3.17%
Strafford County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2018
Strafford County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2018
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 Strafford County's real total personal income since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, and 2010-2018.
During the 1970s, Strafford County's annual real total personal income growth rate averaged 4.08%. It averaged 5.16% throughout the 1980s, 2.23% throughout the 1990s, 2.64% throughout the 2000s, and 2.54% thus far this decade (2010 to 2018).
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Strafford County noted in the previous graph with the corresponding decade averages for New Hampshire and the nation. As the chart reveals, Strafford County's average annual real total personal income growth recorded under New Hampshire's average during the 1970s (4.08% vs. 4.63%), posted below New Hampshire's average during the 1980s (5.16% vs. 5.65%), amounted to less than New Hampshire's average during the 1990s (2.23% vs. 3.14%), exceeded New Hampshire's average in the 2000s (2.64% vs. 2.14%), and topped New Hampshire's average over the 9 year period of the last decade, 2010-2018 (2.54% vs. 2.29%).
Finally, relative to nationwide real total personal income growth trends, Strafford County outpaced the nation during the 1970s (4.08% vs. 3.50%), outperformed the nation in the 1980s (5.16% vs. 3.17%), recorded underneath the nation over the 1990s (2.23% vs. 3.29%), registered above the nation during the 2000s (2.64% vs. 2.05%), and posted below the nation over 2010-2018 (2.54% vs. 2.84%).
   
 
Real* Total Personal Income Growth:
Average Annual Percent Change
 
 
 
3.35
4.08
5.16
2.23
2.64
2.54
3.17
 
3.60
4.63
5.65
3.14
2.14
2.29
3.32
 
2.97
3.50
3.17
3.29
2.05
2.84
3.43
 
   

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

   
 
Strafford County:
Total Personal Income, 1969-2018
 
1969
 
247,248
0.200
1,235,314
100.0
N
8.89
1970
 
258,249
0.210
1,232,633
99.8
-0.22
8.71
1971
 
272,272
0.218
1,246,610
100.9
1.13
8.46
1972
 
299,271
0.226
1,325,029
107.3
6.29
8.40
1973
 
335,465
0.238
1,409,398
114.1
6.37
8.36
1974
 
362,640
0.263
1,379,909
111.7
-2.09
8.21
1975
 
392,800
0.285
1,379,698
111.7
-0.02
8.18
1976
 
448,318
0.300
1,492,801
120.8
8.20
8.25
1977
 
511,009
0.320
1,597,602
129.3
7.02
8.31
1978
 
593,977
0.342
1,736,216
140.5
8.68
8.38
1979
 
682,004
0.373
1,830,834
148.2
5.45
8.41
1980
 
774,156
0.413
1,876,196
151.9
2.48
8.34
1981
 
874,396
0.450
1,944,917
157.4
3.66
8.31
1982
 
954,702
0.475
2,011,762
162.9
3.44
8.24
1983
 
1,046,375
0.495
2,115,000
171.2
5.13
8.23
1984
 
1,151,110
0.513
2,242,000
181.5
6.00
8.01
1985
 
1,255,501
0.531
2,362,896
191.3
5.39
7.92
1986
 
1,378,411
0.543
2,538,978
205.5
7.45
7.87
1987
 
1,517,029
0.560
2,710,723
219.4
6.76
7.84
1988
 
1,698,398
0.582
2,920,669
236.4
7.75
7.97
1989
 
1,834,947
0.607
3,023,475
244.8
3.52
8.03
1990
 
1,885,827
0.634
2,976,603
241.0
-1.55
8.20
1991
 
1,932,030
0.655
2,950,881
238.9
-0.86
8.12
1992
 
2,022,844
0.672
3,009,378
243.6
1.98
8.10
1993
 
2,069,547
0.689
3,004,045
243.2
-0.18
8.03
1994
 
2,184,786
0.703
3,106,478
251.5
3.41
7.94
1995
 
2,292,398
0.718
3,192,266
258.4
2.76
7.85
1996
 
2,392,456
0.733
3,261,877
264.1
2.18
7.73
1997
 
2,537,469
0.746
3,400,385
275.3
4.25
7.63
1998
 
2,718,549
0.752
3,614,323
292.6
6.29
7.44
1999
 
2,869,993
0.763
3,759,586
304.3
4.02
7.37
2000
 
3,199,933
0.782
4,090,155
331.1
8.79
7.29
2001
 
3,474,665
0.797
4,357,602
352.8
6.54
7.52
2002
 
3,544,177
0.808
4,386,955
355.1
0.67
7.53
2003
 
3,659,732
0.824
4,443,687
359.7
1.29
7.62
2004
 
3,872,512
0.844
4,587,686
371.4
3.24
7.60
2005
 
4,024,322
0.868
4,635,675
375.3
1.05
7.61
2006
 
4,208,692
0.892
4,719,640
382.1
1.81
7.44
2007
 
4,431,835
0.914
4,846,820
392.4
2.69
7.56
2008
 
4,628,013
0.942
4,914,008
397.8
1.39
7.70
2009
 
4,574,097
0.941
4,861,199
393.5
-1.07
7.74
2010
 
4,690,239
0.957
4,900,725
396.7
0.81
7.61
2011
 
4,941,016
0.981
5,035,122
407.6
2.74
7.65
2012
 
5,112,649
1.000
5,112,649
413.9
1.54
7.57
2013
 
5,184,355
1.013
5,115,500
414.1
0.06
7.70
2014
 
5,462,452
1.028
5,312,119
430.0
3.84
7.78
2015
 
5,785,917
1.030
5,614,942
454.5
5.70
7.90
2016
 
5,995,506
1.041
5,759,870
466.3
2.58
7.91
2017
 
6,246,275
1.059
5,896,662
477.3
2.37
7.92
2018
 
6,579,205
1.081
6,083,801
492.5
3.17
7.91
Source: Calculations by the New Hampshire Regional Economic Analysis Project (NH-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2019
REAP_PI_CA1400_300_PSN
 
   

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

   
 
New Hampshire:
Total Personal Income, 1969-2018
 
1969
 
2,781,338
0.200
13,896,268
100.0
N
0.35
1970
 
2,965,678
0.210
14,155,305
101.9
1.86
0.35
1971
 
3,220,121
0.218
14,743,469
106.1
4.16
0.35
1972
 
3,561,963
0.226
15,770,668
113.5
6.97
0.35
1973
 
4,013,324
0.238
16,861,289
121.3
6.92
0.35
1974
 
4,417,159
0.263
16,808,063
121.0
-0.32
0.35
1975
 
4,802,304
0.285
16,867,945
121.4
0.36
0.35
1976
 
5,435,993
0.300
18,100,669
130.3
7.31
0.36
1977
 
6,146,446
0.320
19,216,051
138.3
6.16
0.37
1978
 
7,090,723
0.342
20,726,442
149.2
7.86
0.38
1979
 
8,111,862
0.373
21,776,226
156.7
5.06
0.39
1980
 
9,278,182
0.413
22,486,021
161.8
3.26
0.40
1981
 
10,517,049
0.450
23,393,054
168.3
4.03
0.41
1982
 
11,579,731
0.475
24,400,984
175.6
4.31
0.42
1983
 
12,713,183
0.495
25,696,695
184.9
5.31
0.43
1984
 
14,376,311
0.513
28,000,528
201.5
8.97
0.44
1985
 
15,842,444
0.531
29,816,020
214.6
6.48
0.45
1986
 
17,508,758
0.543
32,250,429
232.1
8.16
0.47
1987
 
19,362,138
0.560
34,597,488
249.0
7.28
0.49
1988
 
21,322,166
0.582
36,666,895
263.9
5.98
0.50
1989
 
22,846,665
0.607
37,644,859
270.9
2.67
0.50
1990
 
23,006,508
0.634
36,313,642
261.3
-3.54
0.47
1991
 
23,792,304
0.655
36,339,108
261.5
0.07
0.47
1992
 
24,968,214
0.672
37,145,131
267.3
2.22
0.46
1993
 
25,786,710
0.689
37,430,631
269.4
0.77
0.46
1994
 
27,522,349
0.703
39,133,157
281.6
4.55
0.46
1995
 
29,202,817
0.718
40,666,217
292.6
3.92
0.46
1996
 
30,941,453
0.733
42,185,604
303.6
3.74
0.46
1997
 
33,274,001
0.746
44,589,471
320.9
5.70
0.47
1998
 
36,531,618
0.752
48,568,945
349.5
8.92
0.48
1999
 
38,959,643
0.763
51,035,714
367.3
5.08
0.49
2000
 
43,867,246
0.782
56,071,127
403.5
9.87
0.51
2001
 
46,193,558
0.797
57,931,674
416.9
3.32
0.51
2002
 
47,054,387
0.808
58,243,557
419.1
0.54
0.51
2003
 
48,040,657
0.824
58,331,500
419.8
0.15
0.51
2004
 
50,939,756
0.844
60,347,296
434.3
3.46
0.51
2005
 
52,878,762
0.868
60,911,812
438.3
0.94
0.50
2006
 
56,585,684
0.892
63,455,361
456.6
4.18
0.50
2007
 
58,631,306
0.914
64,121,378
461.4
1.05
0.49
2008
 
60,129,016
0.942
63,844,782
459.4
-0.43
0.48
2009
 
59,082,536
0.941
62,790,971
451.9
-1.65
0.49
2010
 
61,604,587
0.957
64,369,246
463.2
2.51
0.49
2011
 
64,589,687
0.981
65,819,860
473.7
2.25
0.49
2012
 
67,528,805
1.000
67,528,805
485.9
2.60
0.48
2013
 
67,320,412
1.013
66,426,314
478.0
-1.63
0.47
2014
 
70,225,194
1.028
68,292,516
491.4
2.81
0.47
2015
 
73,212,417
1.030
71,048,976
511.3
4.04
0.47
2016
 
75,816,667
1.041
72,836,909
524.1
2.52
0.47
2017
 
78,822,059
1.059
74,410,274
535.5
2.16
0.47
2018
 
83,142,609
1.081
76,882,100
553.3
3.32
0.47
Source: Calculations by the New Hampshire Regional Economic Analysis Project (NH-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2019
REAP_PI_CA1400_300_PSN
 
   

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

   
 
United States:
Total Personal Income, 1969-2018
 
1969
 
791,229,000
0.200
3,953,180,115
100.0
N
1970
 
855,525,000
0.210
4,083,456,637
103.3
3.30
1971
 
924,613,000
0.218
4,233,382,171
107.1
3.67
1972
 
1,016,408,000
0.226
4,500,168,246
113.8
6.30
1973
 
1,133,468,000
0.238
4,762,070,414
120.5
5.82
1974
 
1,244,912,000
0.263
4,737,108,067
119.8
-0.52
1975
 
1,362,505,000
0.285
4,785,756,937
121.1
1.03
1976
 
1,495,704,000
0.300
4,980,367,608
126.0
4.07
1977
 
1,651,632,000
0.320
5,163,609,079
130.6
3.68
1978
 
1,855,849,000
0.342
5,424,714,273
137.2
5.06
1979
 
2,073,257,000
0.373
5,565,641,191
140.8
2.60
1980
 
2,313,160,000
0.413
5,606,029,761
141.8
0.73
1981
 
2,592,915,000
0.450
5,767,416,255
145.9
2.88
1982
 
2,779,794,000
0.475
5,857,623,904
148.2
1.56
1983
 
2,968,676,000
0.495
6,000,477,018
151.8
2.44
1984
 
3,279,488,000
0.513
6,387,410,163
161.6
6.45
1985
 
3,510,471,000
0.531
6,606,826,138
167.1
3.44
1986
 
3,719,647,000
0.543
6,851,440,413
173.3
3.70
1987
 
3,946,593,000
0.560
7,052,020,942
178.4
2.93
1988
 
4,267,813,000
0.582
7,339,191,072
185.7
4.07
1989
 
4,609,667,000
0.607
7,595,430,878
192.1
3.49
1990
 
4,897,821,000
0.634
7,730,756,846
195.6
1.78
1991
 
5,067,291,000
0.655
7,739,512,471
195.8
0.11
1992
 
5,409,920,000
0.672
8,048,320,390
203.6
3.99
1993
 
5,648,732,000
0.689
8,199,401,963
207.4
1.88
1994
 
5,940,128,000
0.703
8,446,079,909
213.7
3.01
1995
 
6,286,143,000
0.718
8,753,732,715
221.4
3.64
1996
 
6,673,186,000
0.733
9,098,227,579
230.1
3.94
1997
 
7,086,935,000
0.746
9,496,984,844
240.2
4.38
1998
 
7,601,594,000
0.752
10,106,352,372
255.7
6.42
1999
 
8,001,563,000
0.763
10,481,756,137
265.1
3.71
2000
 
8,650,325,000
0.782
11,056,847,958
279.7
5.49
2001
 
9,001,839,000
0.797
11,289,271,113
285.6
2.10
2002
 
9,155,663,000
0.808
11,332,808,922
286.7
0.39
2003
 
9,480,901,000
0.824
11,511,815,488
291.2
1.58
2004
 
10,028,781,000
0.844
11,880,893,485
300.5
3.21
2005
 
10,593,946,000
0.868
12,203,319,818
308.7
2.71
2006
 
11,372,589,000
0.892
12,753,256,555
322.6
4.51
2007
 
12,002,204,000
0.914
13,126,057,000
332.0
2.92
2008
 
12,438,527,000
0.942
13,207,185,177
334.1
0.62
2009
 
12,051,307,000
0.941
12,807,731,630
324.0
-3.02
2010
 
12,541,995,000
0.957
13,104,848,232
331.5
2.32
2011
 
13,315,478,000
0.981
13,569,084,183
343.2
3.54
2012
 
13,998,383,000
1.000
13,998,383,000
354.1
3.16
2013
 
14,175,503,000
1.013
13,987,234,819
353.8
-0.08
2014
 
14,982,715,000
1.028
14,570,373,432
368.6
4.17
2015
 
15,709,242,000
1.030
15,245,030,812
385.6
4.63
2016
 
16,111,636,000
1.041
15,478,414,080
391.5
1.53
2017
 
16,870,106,000
1.059
15,925,861,662
402.9
2.89
2018
 
17,813,035,000
1.081
16,471,741,121
416.7
3.43
Source: Calculations by the New Hampshire Regional Economic Analysis Project (NH-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2019
REAP_PI_CA1400_300_PN
 
   
Copyright © 2020. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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To offer the most comprehensive set of interactive options in support of your research, NH-REAP calculates and crunches most of the data and generates the narrative and graphic analysis on demand in response to your request.
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