Michigan - Comparative Trends Analysis of Total Industry Earnings, 1969-2016
Michigan

Introduction & Summary

Generate graphic analysis and summary reports of local area growth and change. Compare trends focusing on total industry earnings. 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.

Directions

  1. Click to view one or more of the regional classifications listed below or from the "Region Selection Menu" to the right. You may need to scroll down to view the entire selection menu.
  2. Using the "Region Selection Menu" on the right, select two regions of interest with the first selection being the primary focus to be compared with the region designated as your second selection.

Additional Suggested Analysis

To compare and examine total industry earnings across all 83 Michigan counties, enlist the interactive mapping and ranking features at your disposal by clicking on the map below.

Total Industry Earnings Growth by County

Average Annual Percent Change, 1970-2016

Total Industry Earnings Growth by County
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