Glenn County vs. California
Comparative Trends Analysis:
Total Industry Earnings Growth and Change, 1969-2020
Introduction
Glenn County vs. California
Glenn County:
2020 Earnings = $861,753K
2020 Percent of State = 0.0%
California:
2020 Earnings = $1,912,462,104K
2020 Percent of U.S. = 14.5%
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.
Glenn County Total Industry Earnings, 1970-2020
Current vs. Constant Dollars (Millions)
Glenn County Total Industry Earnings, 1970-2020
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Glenn 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 Glenn County over time.
When measured in current dollars, Glenn County's total industry earnings increased 1,456.1%, from $55M in 1970 to $862M in 2020. When measured in constant 2012 dollars to adjust for inflation, it advanced 192.5%, from $265M in 1970 to $775M in 2020.
Real Total Industry Earnings, 1969-2020 (Millions)
Real Total Industry Earnings, 1969-2020 (Millions)
Figure 2.
Figure 2 traces Glenn County's and California'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, Glenn County's real total industry earnings rose from $275M in 1969 to $775M in 2020, for a net gain of $500M, or 181.6%. In comparison, California's real total industry earnings advanced from $372,092M in 1969 to $1,719,453M in 2020, for a net advance of $1,347,361M, or 362.1%.
Real Total Industry Earnings Indices (1969=100): 1969-2020
Real Total Industry Earnings Indices (1969=100): 1969-2020
Figure 3.
Figure 3 shows Glenn County's real total industry earnings growth in a broader context by offering direct comparisons across time with California, 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.
Glenn County's overall real total industry earnings growth was 181.6% over 1969-2020 trailed California's increase of 362.1%, and fell below the United States' increase of 262.7%.
Total Industry Earnings as a Percent of the California Total: 1969-2020
Total Industry Earnings as a Percent of the California Total: 1969-2020
Figure 4.
Another interesting and insightful way of contrasting the total industry earnings growth of Glenn County is to trace its individual percentage contributions to California'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 California's total industry earnings, while a declining share shows it grew more slowly.
In 1969, Glenn County's total industry earnings comprised 0.07% of California's total industry earnings, while in 2020 it equated to 0.05% thereby yielding a -0.03% share-shift.
   
 
Total Industry Earnings Share-Shift
2020 vs. 1969
 
Share-
Shift*
 
2020
vs.
1969
-0.03%
=
0.05%
-
0.07%
 
   
Glenn County Real Total Industry Earnings:
Annual Percent Change, 1970-2020
Glenn County Real Total Industry Earnings:
Annual Percent Change, 1970-2020
Figure 5.
Figure 5 shows the short-run pattern of Glenn 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, Glenn County's real total industry earnings grew at an annual rate of 2.52% over 1970-2020. The county recorded its highest growth in 1973 (30.98%) and posted its lowest growth in 1976 (-17.36%). In 2020, Glenn County's real total industry earnings grew by 17.51%
Glenn County Real Total Industry Earnings:
Annual Percent Change and Decade Averages Over 1970-2020
Glenn 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 shows the annual percent change in Glenn County's real total industry earnings since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, and 2010-2020.
During the 1970s, Glenn County's annual real total industry earnings growth rate averaged 5.62%. It averaged -0.50% during the 1980s, 1.29% in the 1990s, 3.58% throughout the 2000s, and 1.14% thus far this decade (2010 to 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 Glenn County noted in the previous graph with the corresponding decade averages for California and the nation. As the chart reveals, Glenn County's average annual real total industry earnings growth outperformed California's average throughout the 1970s (5.62% vs. 3.66%), posted below California's average in the 1980s (-0.50% vs. 3.74%), trailed California's average during the 1990s (1.29% vs. 3.19%), surpassed California's average throughout the 2000s (3.58% vs. 1.54%), and fell below California's average over the 11 year period of the last decade, 2010-2020 (1.14% vs. 3.44%).
Finally, relative to nationwide real total industry earnings growth trends, Glenn County exceeded the nation during the 1970s (5.62% vs. 3.13%), fell under the nation over the 1980s (-0.50% vs. 2.62%), fell below the nation over the 1990s (1.29% vs. 3.43%), outpaced the nation in the 2000s (3.58% vs. 1.47%), and fell under the nation over 2010-2020 (1.14% vs. 2.52%).
   
 
Real* Total Industry Earnings Growth:
Average Annual Percent Change
 
 
 
2.52
5.62
-0.50
1.29
3.58
1.14
17.51
 
3.08
3.66
3.74
3.19
1.54
3.44
1.48
 
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.

   
 
Glenn County:
Total Industry Earnings, 1969-2020
 
1969
 
54,964
0.200
275,150
100.0
N
0.07
1970
 
55,380
0.209
264,849
96.3
-3.74
0.07
1971
 
57,725
0.218
264,818
96.2
-0.01
0.07
1972
 
70,652
0.225
313,424
113.9
18.35
0.08
1973
 
97,525
0.238
410,528
149.2
30.98
0.10
1974
 
117,525
0.262
448,073
162.8
9.15
0.11
1975
 
109,796
0.284
386,402
140.4
-13.76
0.09
1976
 
95,713
0.300
319,320
116.1
-17.36
0.07
1977
 
108,089
0.319
338,593
123.1
6.04
0.07
1978
 
127,912
0.341
374,614
136.1
10.64
0.07
1979
 
161,501
0.372
434,399
157.9
15.96
0.08
1980
 
195,659
0.412
475,108
172.7
9.37
0.09
1981
 
177,292
0.449
395,115
143.6
-16.84
0.07
1982
 
156,998
0.474
331,478
120.5
-16.11
0.06
1983
 
143,050
0.494
289,704
105.3
-12.60
0.05
1984
 
167,249
0.512
326,384
118.6
12.66
0.05
1985
 
186,824
0.530
352,292
128.0
7.94
0.06
1986
 
183,533
0.542
338,722
123.1
-3.85
0.05
1987
 
219,052
0.559
392,180
142.5
15.78
0.05
1988
 
240,009
0.580
413,538
150.3
5.45
0.05
1989
 
233,398
0.606
385,323
140.0
-6.82
0.05
1990
 
240,498
0.632
380,348
138.2
-1.29
0.05
1991
 
237,478
0.653
363,422
132.1
-4.45
0.05
1992
 
265,437
0.671
395,661
143.8
8.87
0.05
1993
 
289,832
0.688
421,525
153.2
6.54
0.05
1994
 
287,519
0.702
409,612
148.9
-2.83
0.05
1995
 
270,828
0.717
377,877
137.3
-7.75
0.05
1996
 
308,256
0.732
421,092
153.0
11.44
0.05
1997
 
328,993
0.745
441,732
160.5
4.90
0.05
1998
 
307,225
0.751
409,251
148.7
-7.35
0.04
1999
 
326,768
0.762
429,032
155.9
4.83
0.04
2000
 
330,553
0.781
423,297
153.8
-1.34
0.04
2001
 
369,832
0.797
464,286
168.7
9.68
0.04
2002
 
384,619
0.807
476,592
173.2
2.65
0.04
2003
 
405,990
0.824
492,718
179.1
3.38
0.04
2004
 
443,498
0.844
525,204
190.9
6.59
0.04
2005
 
454,269
0.869
522,894
190.0
-0.44
0.04
2006
 
440,700
0.893
493,383
179.3
-5.64
0.04
2007
 
542,984
0.916
592,687
215.4
20.13
0.05
2008
 
545,457
0.943
578,274
210.2
-2.43
0.05
2009
 
561,309
0.941
596,744
216.9
3.19
0.05
2010
 
567,641
0.957
592,855
215.5
-0.65
0.05
2011
 
608,566
0.982
619,910
225.3
4.56
0.05
2012
 
613,637
1.000
613,637
223.0
-1.01
0.05
2013
 
678,508
1.014
669,444
243.3
9.09
0.05
2014
 
617,464
1.029
600,138
218.1
-10.35
0.04
2015
 
653,334
1.031
633,591
230.3
5.57
0.04
2016
 
667,584
1.041
640,996
233.0
1.17
0.04
2017
 
677,142
1.061
638,506
232.1
-0.39
0.04
2018
 
727,192
1.083
671,349
244.0
5.14
0.04
2019
 
724,771
1.099
659,350
239.6
-1.79
0.04
2020
 
861,753
1.112
774,784
281.6
17.51
0.05
Source: Calculations by the California Regional Economic Analysis Project (CA-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.

   
 
California:
Total Industry Earnings, 1969-2020
 
1969
 
74,329,117
0.200
372,092,096
100.0
N
11.37
1970
 
78,352,156
0.209
374,711,411
100.7
0.70
11.30
1971
 
82,582,961
0.218
378,855,679
101.8
1.11
11.13
1972
 
91,402,059
0.225
405,474,488
109.0
7.03
11.15
1973
 
100,883,935
0.238
424,667,179
114.1
4.73
10.98
1974
 
111,116,918
0.262
423,641,458
113.9
-0.24
11.18
1975
 
120,292,875
0.284
423,342,865
113.8
-0.07
11.35
1976
 
134,725,991
0.300
449,476,183
120.8
6.17
11.48
1977
 
151,080,844
0.319
473,266,435
127.2
5.29
11.59
1978
 
173,276,679
0.341
507,473,068
136.4
7.23
11.74
1979
 
197,519,971
0.372
531,281,863
142.8
4.69
11.98
1980
 
219,599,858
0.412
533,242,334
143.3
0.37
12.31
1981
 
240,773,877
0.449
536,591,288
144.2
0.63
12.28
1982
 
255,203,284
0.474
538,824,154
144.8
0.42
12.43
1983
 
275,917,118
0.494
558,785,528
150.2
3.70
12.61
1984
 
308,450,044
0.512
601,935,960
161.8
7.72
12.68
1985
 
335,469,692
0.530
632,591,677
170.0
5.09
12.82
1986
 
363,846,231
0.542
671,501,238
180.5
6.15
13.06
1987
 
399,341,120
0.559
714,960,380
192.1
6.47
13.33
1988
 
437,085,973
0.580
753,103,093
202.4
5.33
13.41
1989
 
463,137,155
0.606
764,606,014
205.5
1.53
13.36
1990
 
495,459,943
0.632
783,571,259
210.6
2.48
13.47
1991
 
511,713,803
0.653
783,095,574
210.5
-0.06
13.50
1992
 
536,789,079
0.671
800,138,744
215.0
2.18
13.22
1993
 
546,362,525
0.688
794,616,663
213.6
-0.69
12.89
1994
 
562,529,938
0.702
801,404,610
215.4
0.85
12.62
1995
 
586,509,339
0.717
818,335,643
219.9
2.11
12.55
1996
 
622,383,828
0.732
850,204,672
228.5
3.89
12.56
1997
 
668,027,313
0.745
896,945,827
241.1
5.50
12.63
1998
 
730,064,889
0.751
972,512,174
261.4
8.42
12.79
1999
 
794,444,128
0.762
1,043,070,385
280.3
7.26
13.03
2000
 
887,549,245
0.781
1,136,572,218
305.5
8.96
13.45
2001
 
914,764,493
0.797
1,148,393,709
308.6
1.04
13.32
2002
 
932,147,720
0.807
1,155,049,094
310.4
0.58
13.31
2003
 
973,488,758
0.824
1,181,447,072
317.5
2.29
13.44
2004
 
1,041,437,860
0.844
1,233,302,772
331.5
4.39
13.57
2005
 
1,091,280,787
0.869
1,256,136,087
337.6
1.85
13.57
2006
 
1,154,623,817
0.893
1,292,653,341
347.4
2.91
13.55
2007
 
1,189,606,835
0.916
1,298,498,958
349.0
0.45
13.42
2008
 
1,179,865,983
0.943
1,250,851,824
336.2
-3.67
13.09
2009
 
1,136,592,485
0.941
1,208,343,949
324.7
-3.40
13.08
2010
 
1,186,118,693
0.957
1,238,805,073
332.9
2.52
13.14
2011
 
1,248,857,041
0.982
1,272,137,151
341.9
2.69
13.22
2012
 
1,325,726,376
1.000
1,325,726,376
356.3
4.21
13.39
2013
 
1,374,151,612
1.014
1,355,794,159
364.4
2.27
13.43
2014
 
1,449,071,980
1.029
1,408,411,150
378.5
3.88
13.56
2015
 
1,541,320,527
1.031
1,494,744,295
401.7
6.13
13.87
2016
 
1,607,396,055
1.041
1,543,376,786
414.8
3.25
14.12
2017
 
1,692,793,464
1.061
1,596,206,980
429.0
3.42
14.19
2018
 
1,776,685,064
1.083
1,640,249,141
440.8
2.76
14.20
2019
 
1,862,416,244
1.099
1,694,307,094
455.3
3.30
14.30
2020
 
1,912,462,104
1.112
1,719,453,454
462.1
1.48
14.49
Source: Calculations by the California Regional Economic Analysis Project (CA-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 California Regional Economic Analysis Project (CA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2021
REAP_PI_CA1400_1200_PN
 
   
Copyright © 2021. 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, CA-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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