Monthly Archive for July, 2007

Real Gross National Income per Person

A NYT article about the .01 Percent had a quote from Warren Buffet that caught my attention: “‘This is a significantly richer country than 10, 20, 30, 40, 50 years ago,’ he declared, backing his assertion with a favorite statistic. The national income, divided by the population, is a very abundant $45,000 per capita, he said, a number that reflects an affluent nation but also obscures the lopsided income distribution intertwined with the prosperity.” This graph was an attempt to visualize that statistic. (Keep in mind that the numbers are in 2000 US$)

{Click on the graph to take a closer look} magnafing glass
Gni per Capita Graph

The US Gross National Income (GNI) represents the total buying power of citizens of the United States. This buying power can be transferred around the economy by taxation and lending. GNI includes Wages and Salaries + Rents + Interest + Profits (also includes Depreciation of Capital + Sales taxes – Subsidies). Since it is “National” it measures income from resources owned by the citizens of the United States, regardless where the production occurs. Gross national income is identical to gross national product (GNP).

The Real GNI data can be found at Bureau of Economic Analysis National Economic Accounts Table 1.7.6. Population data can be found at Census Historical Series and Census Current Estimates .

[tags]income distribution, US income distribution, United States GNI, National Income[/tags]

Popularity: 12% [?]

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United States Income Inequality Map

I found this Income Inequality Map posted at the Carsey Institute, U of New Hampshire.
After reading the article about the change in the Income Inequality in New England you can scroll down to find another map showing the low income population in Northern New England.

{Click on the graph to take a closer look}
Gross Domestic Product by Industry magnafing glass

See also:
United States Poverty Map
United States Household Income Map

[tags]income distribution, US income distribution, inequality, income inequality[/tags]

Popularity: 24% [?]

Highest Paid Female Executives in 2005

Fortune’s ranking of America’s leading businesswomen includes the top 10 ranked by pay. Unlike the men where 8 out of 10 of the highest-paid executives are CEOs, only 5 of the top 10 women are chief executives. Also the number 1 ranked woman (at 26.1 million) makes less than the 10th ranked man (48 million).

Highest-Paid Women Executives 2005

I added the graph to my Income and Wealth Swivel group.

[tags]income distribution, US income distribution, US income inequality, income inequality, women, executive income[/tags]

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Gross Domestic Product by Industry: Winners & Losers

Looking at the Industry Sectors of the US economy can help illuminate why, over the last 30 years, someone working in a growing industry (like Finance) may have done better than someone working in a shrinking industry (like Manufacture). Note: the data measures value-added; for example the services provided by a doctor is counted under Heath Care but the production of medical equipment would be found in Manufacture.

{Click on the graph to take a closer look} magnafing glass
Gross Domestic Product by Industry

The Industry Sectors data can be found at Economic Report of the President 2007 Report Spreadsheets Table B-12.

[tags]income distribution, US income distribution, United States GDP, Gross Domestic Product[/tags]

Popularity: 6% [?]