| Analysis of Growth and Change Among the Major Components of Per Capita Income within Orleans Parish: 1969-2022 Figure 1. What are the differences in per capita income composition between Orleans, Louisiana and the United States? Figure 1 illustrates three major components---Earned Income, Per Capita Property Income and Per Capita Transfer Payments as a percent of per capita income. The share of Orleans Parish's per capita income that originates as Per Capita Property Income (24.4%) is above the share nationally (19.7%). The share of Orleans Parish's per capita income that originates as Per Capita Transfer Payments (21.5%) is above the share nationally (18.3%). In combination, Per Capita Property Income and Per Capita Transfer Payments amounted to 45.9% (24.4% + 21.5%) of Orleans Parish's per capita income in 2022. Earned Income made up the balance (54.1%) of per capita income, which amounted to a moderately smaller share than the corresponding 61.9% for Earned Income nationwide. Figure 2. Figure 2 compares the real (that is, removing the effects of inflation) cumulative growth of the three major components of per capita income for Orleans Parish over 1969-2022. The cumulative growth indices express each component as 100 for the base year of 1969, and represent each component in subsequent years as a percent of their level in 1969. The indices enable a direct comparison of the differences in the cumulative percentage growth of Earned Income, Per Capita Property Income and Per Capita Transfer Payments for Orleans Parish over more than five decades. Over the 1969-2022 period, Earned Income in Orleans Parish grew by 106.0%. Per Capita Property Income, however, rose by 333.6%, while Per Capita Transfer Payments rose by 569.7%. Figure 3. While the previous graph illustrates differences in the degree of growth among the three major components of per capita income, the above figure traces their changing share and relative importance over time. Differences in growth among the three components arithmetically yields the changes in their relative share as shown here. Earned Income as a share of Orleans Parish's per capita income declined from 74.8% in 1969 to 54.1% in 2022, a shift in relative share of -20.7%. Offsetting this decline was a +8.4% increase in Per Capita Property Income's share from 16.1% in 1969 to 24.4% in 2022; and a +12.4% advance in Per Capita Transfer Payments' share, from 9.2% to 21.5% over the same period. Figure 4. How does the shift in per capita income composition for Orleans Parish compare with the shifts in share among the three major components for Louisiana and the United States over 1969 to 2022? In the above figure, Earned Income's share for Louisiana and nationally declined by -20.4% and -15.1%, respectively, whereas Earned Income's share declined by -20.7% in Orleans Parish from 1969 to 2022. In Louisiana, the shift in share of Per Capita Property Income and Per Capita Transfer Payments equated to +4.5% and +15.8%, respectively. Nationally, the shift in share of Per Capita Property Income and Per Capita Transfer Payments equated to +4.7% and +10.5%, respectively, while the corresponding shifts in share for Orleans Parish totaled +8.4% and +12.4%, respectively. Figure 5. Nationally, Earned Income as a share of per capita income declined from 77.1% in 1969 to 61.9% in 2022, for a net loss of -15.1%. For Orleans Parish, Earned Income dropped from 74.8% to 54.1% over 1969-2022, for a net loss of -20.7%. Figure 6. Nationally, Per Capita Property Income as a share of per capita income advanced from 15.1% in 1969 to 19.7% in 2022, for a net gain of +4.7%. For Orleans Parish, Per Capita Property Income rose from 16.1% to 24.4% over 1969-2022, for a net gain of +8.4%. Figure 7. Nationally, Per Capita Transfer Payments as a share of per capita income advanced from 7.9% in 1969 to 18.3% in 2022, for a net gain of +10.5%. For Orleans Parish, Per Capita Transfer Payments rose from 9.2% to 21.5% over 1969-2022, for a net gain of +12.4%. Figure 8. The "index of structural change" shown in Figure 8 calibrates the timing and magnitude of change in the composition of Orleans Parish's per capita income among the three major components compared with Louisiana and the nation over 1969-2022. The period of most dramatic change held in common by Orleans, Louisiana and the nation spanned the period of the late 1970s to the mid-1980s and post 2000. Structural change is defined and measured here as the composite change in shares among the three major components of per capita income. Changes in shares are based on differences between each component's share in 1969, and its share of per capita income for each year since. Index values equal the sum of the absolute value of the share changes among the three components year-over-year relative to 1969. A rise in the index indicates that composition of per capita income among the three major components deviated further away from their 1969 distribution. Note: Figure 4 displayed the share shifts among the three components over the interval 1969-2022. Accordingly, the 2022 value of the structural change indices for Orleans, Louisiana and the nation are simply the sum of the absolute values of share shifts shown in Figure 4. | | | | Calculation of Structural Change Index for 2022 | Shift-In-Share | | Index Value (2022) | | Per Capita Earned Income | | Per Capita Property Income | | Per Capita Transfer Payments | | 41.47 | = | |-20.73| | + | |8.37| | + | |12.36| | | 40.77 | = | |-20.38| | + | |4.54| | + | |15.84| | | 30.27 | = | |-15.14| | + | |4.67| | + | |10.46| |
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Figure 9. The discussion thus far has centered primarily on examining and comparing changes in the composition of Orleans Parish's per capita income compared with Louisiana and the nation over 1970-2022. Figure 9 focuses attention on how much each component contributed individually to Orleans Parish's real per capita income growth over the 54-year period. The annual growth rate of Orleans Parish's real (inflation adjusted) per capita income averaged 2.32% over 1970-2022. Each component's individual contribution to this total amounted to 1.04% for Earned Income, 0.70% for Per Capita Property Income and 0.58% for Per Capita Transfer Payments, all of which sum to 2.32%.* In order to gauge each component's contribution to total real per capita income growth the table above displays each component's overall contribution to growth as a percent of total growth. Note, for example, Per Capita Transfer Payments' overall percentage contribution to the average total growth over 1970-2022 of 24.95% was derived by: 24.95% = ( 0.58% ÷ 2.32% ) x 100.* Figure 10. Figure 10 recaps the theme and distills the results presented throughout this analysis of the major components of per capita income. In 1969, Earned Income comprised 74.8% of Orleans Parish's total per capita income. However, over the following 53-year period 1970-2022 Earned Income accounted for only 44.8% of the annual real growth in Orleans Parish's per capita income. As a result, by 2022 Earned Income's share declined to 54.1%. Because Per Capita Property Income alone accounted for 30.3% of Orleans Parish's real total per capita income growth over 1970-2022, its share rose from 16.1% in 1969 to 24.4% in 2022. Per Capita Transfer Payments, in turn, advanced from 9.2% to 21.5% over the same period owing to its 25.0% contribution to the growth of Orleans Parish's real total per capita income. | | | | Earned Income for Orleans Parish: 1969-2022 | | | | | | | | 1969 | | $2,631 | 0.189 | $13,934 | 100.00 | N | 74.79 | 1970 | | $2,785 | 0.198 | $14,089 | 101.12 | 1.12 | 73.26 | 1971 | | $2,915 | 0.206 | $14,149 | 101.55 | 0.43 | 72.34 | 1972 | | $3,100 | 0.213 | $14,547 | 104.40 | 2.81 | 72.03 | 1973 | | $3,358 | 0.225 | $14,955 | 107.33 | 2.81 | 71.09 | 1974 | | $3,676 | 0.248 | $14,827 | 106.41 | -0.86 | 69.67 | 1975 | | $4,080 | 0.269 | $15,188 | 109.00 | 2.43 | 69.30 | 1976 | | $4,507 | 0.283 | $15,906 | 114.15 | 4.72 | 70.00 | 1977 | | $4,986 | 0.302 | $16,524 | 118.59 | 3.89 | 70.51 | 1978 | | $5,557 | 0.323 | $17,216 | 123.56 | 4.19 | 70.61 | 1979 | | $6,082 | 0.351 | $17,307 | 124.21 | 0.53 | 70.13 | 1980 | | $6,626 | 0.389 | $17,021 | 122.16 | -1.65 | 68.80 | 1981 | | $7,288 | 0.424 | $17,182 | 123.31 | 0.95 | 67.52 | 1982 | | $7,577 | 0.448 | $16,924 | 121.46 | -1.50 | 65.82 | 1983 | | $7,823 | 0.467 | $16,760 | 120.29 | -0.97 | 64.76 | 1984 | | $8,359 | 0.484 | $17,258 | 123.85 | 2.97 | 64.47 | 1985 | | $8,497 | 0.501 | $16,950 | 121.65 | -1.78 | 62.79 | 1986 | | $8,651 | 0.512 | $16,891 | 121.22 | -0.35 | 62.40 | 1987 | | $8,987 | 0.528 | $17,020 | 122.15 | 0.76 | 63.03 | 1988 | | $9,505 | 0.549 | $17,325 | 124.34 | 1.79 | 62.39 | 1989 | | $10,055 | 0.573 | $17,559 | 126.02 | 1.35 | 62.02 | 1990 | | $10,866 | 0.598 | $18,178 | 130.46 | 3.52 | 61.51 | 1991 | | $11,214 | 0.618 | $18,153 | 130.28 | -0.14 | 60.74 | 1992 | | $11,943 | 0.634 | $18,832 | 135.15 | 3.74 | 60.24 | 1993 | | $12,274 | 0.650 | $18,883 | 135.52 | 0.27 | 59.56 | 1994 | | $12,773 | 0.664 | $19,249 | 138.15 | 1.94 | 59.59 | 1995 | | $13,519 | 0.678 | $19,954 | 143.20 | 3.66 | 60.29 | 1996 | | $14,020 | 0.692 | $20,259 | 145.40 | 1.53 | 60.48 | 1997 | | $14,541 | 0.704 | $20,653 | 148.22 | 1.94 | 60.05 | 1998 | | $15,553 | 0.710 | $21,915 | 157.28 | 6.11 | 61.36 | 1999 | | $16,013 | 0.720 | $22,240 | 159.61 | 1.48 | 62.58 | 2000 | | $16,833 | 0.738 | $22,802 | 163.65 | 2.53 | 62.77 | 2001 | | $15,363 | 0.753 | $20,402 | 146.42 | -10.53 | 59.69 | 2002 | | $15,667 | 0.763 | $20,536 | 147.39 | 0.66 | 59.77 | 2003 | | $18,244 | 0.779 | $23,421 | 168.09 | 14.05 | 63.60 | 2004 | | $18,439 | 0.798 | $23,099 | 165.78 | -1.37 | 63.09 | 2005 | | $17,173 | 0.821 | $20,910 | 150.07 | -9.48 | 58.20 | 2006 | | $28,039 | 0.844 | $33,206 | 238.32 | 58.80 | 56.06 | 2007 | | $25,065 | 0.866 | $28,941 | 207.70 | -12.85 | 49.96 | 2008 | | $24,995 | 0.892 | $28,031 | 201.17 | -3.14 | 53.90 | 2009 | | $24,903 | 0.889 | $28,006 | 200.99 | -0.09 | 59.25 | 2010 | | $25,603 | 0.905 | $28,286 | 203.01 | 1.00 | 60.29 | 2011 | | $25,506 | 0.928 | $27,484 | 197.25 | -2.84 | 60.64 | 2012 | | $25,983 | 0.945 | $27,485 | 197.26 | 0.01 | 57.74 | 2013 | | $25,583 | 0.958 | $26,710 | 191.69 | -2.82 | 58.09 | 2014 | | $26,785 | 0.971 | $27,579 | 197.93 | 3.25 | 59.35 | 2015 | | $27,675 | 0.973 | $28,443 | 204.13 | 3.13 | 58.90 | 2016 | | $27,685 | 0.983 | $28,168 | 202.16 | -0.97 | 58.49 | 2017 | | $28,677 | 1.000 | $28,677 | 205.81 | 1.80 | 58.42 | 2018 | | $30,061 | 1.020 | $29,458 | 211.42 | 2.73 | 58.57 | 2019 | | $31,117 | 1.035 | $30,061 | 215.74 | 2.05 | 58.24 | 2020 | | $29,962 | 1.046 | $28,635 | 205.51 | -4.74 | 53.91 | 2021 | | $32,778 | 1.090 | $30,071 | 215.81 | 5.01 | 52.42 | 2022 | | $33,310 | 1.160 | $28,704 | 206.01 | -4.54 | 54.05 |
Source: Calculations by the Louisiana Regional Economic Analysis Project (LA-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1340_2100 | | | | |
| | | | Per Capita Property Income for Orleans Parish: 1969-2022 | | | | | | | | 1969 | | $565 | 0.189 | $2,991 | 100.00 | N | 16.05 | 1970 | | $623 | 0.198 | $3,153 | 105.43 | 5.43 | 16.39 | 1971 | | $671 | 0.206 | $3,257 | 108.91 | 3.30 | 16.65 | 1972 | | $718 | 0.213 | $3,371 | 112.71 | 3.49 | 16.69 | 1973 | | $796 | 0.225 | $3,546 | 118.56 | 5.19 | 16.86 | 1974 | | $948 | 0.248 | $3,823 | 127.83 | 7.82 | 17.96 | 1975 | | $1,010 | 0.269 | $3,760 | 125.73 | -1.64 | 17.16 | 1976 | | $1,063 | 0.283 | $3,751 | 125.43 | -0.24 | 16.51 | 1977 | | $1,159 | 0.302 | $3,841 | 128.42 | 2.38 | 16.39 | 1978 | | $1,313 | 0.323 | $4,067 | 135.99 | 5.90 | 16.68 | 1979 | | $1,465 | 0.351 | $4,168 | 139.36 | 2.48 | 16.89 | 1980 | | $1,699 | 0.389 | $4,364 | 145.91 | 4.70 | 17.64 | 1981 | | $2,071 | 0.424 | $4,883 | 163.28 | 11.91 | 19.19 | 1982 | | $2,363 | 0.448 | $5,278 | 176.49 | 8.09 | 20.53 | 1983 | | $2,530 | 0.467 | $5,421 | 181.26 | 2.70 | 20.95 | 1984 | | $2,776 | 0.484 | $5,731 | 191.64 | 5.73 | 21.41 | 1985 | | $3,062 | 0.501 | $6,109 | 204.25 | 6.58 | 22.63 | 1986 | | $3,099 | 0.512 | $6,050 | 202.28 | -0.96 | 22.35 | 1987 | | $3,081 | 0.528 | $5,836 | 195.13 | -3.54 | 21.61 | 1988 | | $3,342 | 0.549 | $6,091 | 203.65 | 4.37 | 21.93 | 1989 | | $3,537 | 0.573 | $6,176 | 206.52 | 1.41 | 21.81 | 1990 | | $3,889 | 0.598 | $6,505 | 217.51 | 5.32 | 22.01 | 1991 | | $3,855 | 0.618 | $6,241 | 208.66 | -4.07 | 20.88 | 1992 | | $3,938 | 0.634 | $6,210 | 207.64 | -0.49 | 19.87 | 1993 | | $4,058 | 0.650 | $6,243 | 208.76 | 0.54 | 19.69 | 1994 | | $4,088 | 0.664 | $6,161 | 206.01 | -1.31 | 19.07 | 1995 | | $4,379 | 0.678 | $6,463 | 216.09 | 4.89 | 19.53 | 1996 | | $4,622 | 0.692 | $6,679 | 223.32 | 3.35 | 19.94 | 1997 | | $5,057 | 0.704 | $7,182 | 240.13 | 7.53 | 20.88 | 1998 | | $5,197 | 0.710 | $7,323 | 244.86 | 1.97 | 20.50 | 1999 | | $4,946 | 0.720 | $6,870 | 229.70 | -6.19 | 19.33 | 2000 | | $5,369 | 0.738 | $7,273 | 243.19 | 5.87 | 20.02 | 2001 | | $5,193 | 0.753 | $6,896 | 230.58 | -5.18 | 20.18 | 2002 | | $5,241 | 0.763 | $6,870 | 229.70 | -0.39 | 19.99 | 2003 | | $5,331 | 0.779 | $6,844 | 228.82 | -0.38 | 18.58 | 2004 | | $5,286 | 0.798 | $6,622 | 221.41 | -3.24 | 18.09 | 2005 | | $5,722 | 0.821 | $6,968 | 232.97 | 5.22 | 19.39 | 2006 | | $15,195 | 0.844 | $17,994 | 601.66 | 158.26 | 30.38 | 2007 | | $19,246 | 0.866 | $22,222 | 743.02 | 23.49 | 38.36 | 2008 | | $14,903 | 0.892 | $16,713 | 558.81 | -24.79 | 32.14 | 2009 | | $10,359 | 0.889 | $11,650 | 389.52 | -30.29 | 24.65 | 2010 | | $9,418 | 0.905 | $10,405 | 347.90 | -10.69 | 22.18 | 2011 | | $9,165 | 0.928 | $9,875 | 330.19 | -5.09 | 21.79 | 2012 | | $11,600 | 0.945 | $12,271 | 410.29 | 24.26 | 25.78 | 2013 | | $10,920 | 0.958 | $11,401 | 381.20 | -7.09 | 24.79 | 2014 | | $10,920 | 0.971 | $11,243 | 375.94 | -1.38 | 24.19 | 2015 | | $11,022 | 0.973 | $11,328 | 378.76 | 0.75 | 23.46 | 2016 | | $10,900 | 0.983 | $11,091 | 370.83 | -2.09 | 23.03 | 2017 | | $11,307 | 1.000 | $11,307 | 378.05 | 1.95 | 23.03 | 2018 | | $11,804 | 1.020 | $11,568 | 386.77 | 2.31 | 23.00 | 2019 | | $12,418 | 1.035 | $11,996 | 401.11 | 3.71 | 23.24 | 2020 | | $11,315 | 1.046 | $10,813 | 361.56 | -9.86 | 20.36 | 2021 | | $14,466 | 1.090 | $13,271 | 443.74 | 22.73 | 23.13 | 2022 | | $15,050 | 1.160 | $12,969 | 433.63 | -2.28 | 24.42 |
Source: Calculations by the Louisiana Regional Economic Analysis Project (LA-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1340_2300 | | | | |
| | | | Per Capita Transfer Payments for Orleans Parish: 1969-2022 | | | | | | | | 1969 | | $322 | 0.189 | $1,707 | 100.00 | N | 9.16 | 1970 | | $393 | 0.198 | $1,990 | 116.62 | 16.62 | 10.35 | 1971 | | $443 | 0.206 | $2,152 | 126.09 | 8.12 | 11.00 | 1972 | | $486 | 0.213 | $2,279 | 133.51 | 5.89 | 11.28 | 1973 | | $569 | 0.225 | $2,536 | 148.56 | 11.27 | 12.05 | 1974 | | $653 | 0.248 | $2,632 | 154.21 | 3.80 | 12.37 | 1975 | | $797 | 0.269 | $2,967 | 173.85 | 12.74 | 13.54 | 1976 | | $869 | 0.283 | $3,067 | 179.70 | 3.36 | 13.50 | 1977 | | $926 | 0.302 | $3,070 | 179.88 | 0.10 | 13.10 | 1978 | | $1,000 | 0.323 | $3,098 | 181.51 | 0.91 | 12.71 | 1979 | | $1,126 | 0.351 | $3,205 | 187.77 | 3.45 | 12.99 | 1980 | | $1,307 | 0.389 | $3,357 | 196.68 | 4.75 | 13.57 | 1981 | | $1,434 | 0.424 | $3,380 | 198.05 | 0.70 | 13.28 | 1982 | | $1,571 | 0.448 | $3,508 | 205.55 | 3.79 | 13.64 | 1983 | | $1,726 | 0.467 | $3,699 | 216.71 | 5.43 | 14.29 | 1984 | | $1,831 | 0.484 | $3,780 | 221.48 | 2.20 | 14.12 | 1985 | | $1,973 | 0.501 | $3,936 | 230.61 | 4.12 | 14.58 | 1986 | | $2,114 | 0.512 | $4,128 | 241.88 | 4.89 | 15.25 | 1987 | | $2,191 | 0.528 | $4,149 | 243.10 | 0.50 | 15.36 | 1988 | | $2,389 | 0.549 | $4,354 | 255.13 | 4.95 | 15.68 | 1989 | | $2,621 | 0.573 | $4,578 | 268.24 | 5.14 | 16.17 | 1990 | | $2,910 | 0.598 | $4,869 | 285.28 | 6.35 | 16.48 | 1991 | | $3,392 | 0.618 | $5,491 | 321.75 | 12.79 | 18.38 | 1992 | | $3,944 | 0.634 | $6,219 | 364.36 | 13.24 | 19.89 | 1993 | | $4,274 | 0.650 | $6,576 | 385.27 | 5.74 | 20.74 | 1994 | | $4,574 | 0.664 | $6,893 | 403.85 | 4.82 | 21.34 | 1995 | | $4,527 | 0.678 | $6,682 | 391.49 | -3.06 | 20.19 | 1996 | | $4,540 | 0.692 | $6,561 | 384.40 | -1.81 | 19.58 | 1997 | | $4,615 | 0.704 | $6,555 | 384.07 | -0.09 | 19.06 | 1998 | | $4,597 | 0.710 | $6,478 | 379.55 | -1.18 | 18.14 | 1999 | | $4,630 | 0.720 | $6,431 | 376.80 | -0.72 | 18.09 | 2000 | | $4,615 | 0.738 | $6,251 | 366.26 | -2.80 | 17.21 | 2001 | | $5,183 | 0.753 | $6,882 | 403.26 | 10.10 | 20.14 | 2002 | | $5,307 | 0.763 | $6,956 | 407.55 | 1.06 | 20.24 | 2003 | | $5,113 | 0.779 | $6,564 | 384.58 | -5.63 | 17.82 | 2004 | | $5,503 | 0.798 | $6,894 | 403.95 | 5.04 | 18.83 | 2005 | | $6,611 | 0.821 | $8,050 | 471.66 | 16.76 | 22.41 | 2006 | | $6,784 | 0.844 | $8,035 | 470.76 | -0.19 | 13.56 | 2007 | | $5,860 | 0.866 | $6,766 | 396.43 | -15.79 | 11.68 | 2008 | | $6,474 | 0.892 | $7,260 | 425.39 | 7.30 | 13.96 | 2009 | | $6,769 | 0.889 | $7,612 | 446.01 | 4.85 | 16.10 | 2010 | | $7,445 | 0.905 | $8,225 | 481.91 | 8.05 | 17.53 | 2011 | | $7,391 | 0.928 | $7,964 | 466.61 | -3.17 | 17.57 | 2012 | | $7,416 | 0.945 | $7,844 | 459.62 | -1.50 | 16.48 | 2013 | | $7,541 | 0.958 | $7,873 | 461.30 | 0.37 | 17.12 | 2014 | | $7,428 | 0.971 | $7,648 | 448.12 | -2.86 | 16.46 | 2015 | | $8,290 | 0.973 | $8,520 | 499.21 | 11.40 | 17.64 | 2016 | | $8,750 | 0.983 | $8,903 | 521.65 | 4.49 | 18.49 | 2017 | | $9,104 | 1.000 | $9,104 | 533.43 | 2.26 | 18.55 | 2018 | | $9,461 | 1.020 | $9,271 | 543.21 | 1.83 | 18.43 | 2019 | | $9,892 | 1.035 | $9,556 | 559.92 | 3.07 | 18.51 | 2020 | | $14,300 | 1.046 | $13,667 | 800.75 | 43.01 | 25.73 | 2021 | | $15,285 | 1.090 | $14,023 | 821.63 | 2.61 | 24.44 | 2022 | | $13,264 | 1.160 | $11,430 | 669.71 | -18.49 | 21.52 |
Source: Calculations by the Louisiana Regional Economic Analysis Project (LA-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1340_2400 | | | | |
| | | | Per Capita Total Personal Income for Orleans Parish: 1969-2022 | | | | | | | | 1969 | | $3,518 | 0.189 | $18,631 | 100.00 | N | 0.00 | 1970 | | $3,802 | 0.198 | $19,233 | 103.23 | 3.23 | 3.06 | 1971 | | $4,030 | 0.206 | $19,559 | 104.98 | 1.69 | 4.89 | 1972 | | $4,304 | 0.213 | $20,197 | 108.40 | 3.26 | 5.52 | 1973 | | $4,724 | 0.225 | $21,037 | 112.91 | 4.16 | 7.39 | 1974 | | $5,277 | 0.248 | $21,282 | 114.23 | 1.17 | 10.23 | 1975 | | $5,887 | 0.269 | $21,916 | 117.63 | 2.98 | 10.97 | 1976 | | $6,438 | 0.283 | $22,724 | 121.97 | 3.69 | 9.58 | 1977 | | $7,072 | 0.302 | $23,435 | 125.78 | 3.13 | 8.55 | 1978 | | $7,869 | 0.323 | $24,381 | 130.86 | 4.04 | 8.35 | 1979 | | $8,673 | 0.351 | $24,680 | 132.46 | 1.22 | 9.32 | 1980 | | $9,631 | 0.389 | $24,741 | 132.80 | 0.25 | 11.98 | 1981 | | $10,793 | 0.424 | $25,445 | 136.57 | 2.85 | 14.52 | 1982 | | $11,511 | 0.448 | $25,711 | 138.00 | 1.04 | 17.92 | 1983 | | $12,080 | 0.467 | $25,880 | 138.91 | 0.66 | 20.05 | 1984 | | $12,967 | 0.484 | $26,769 | 143.68 | 3.44 | 20.64 | 1985 | | $13,532 | 0.501 | $26,995 | 144.89 | 0.84 | 23.99 | 1986 | | $13,864 | 0.512 | $27,069 | 145.29 | 0.27 | 24.77 | 1987 | | $14,259 | 0.528 | $27,004 | 144.94 | -0.24 | 23.52 | 1988 | | $15,236 | 0.549 | $27,770 | 149.05 | 2.84 | 24.80 | 1989 | | $16,213 | 0.573 | $28,314 | 151.97 | 1.96 | 25.54 | 1990 | | $17,665 | 0.598 | $29,552 | 158.62 | 4.37 | 26.55 | 1991 | | $18,461 | 0.618 | $29,885 | 160.40 | 1.13 | 28.09 | 1992 | | $19,825 | 0.634 | $31,261 | 167.79 | 4.60 | 29.09 | 1993 | | $20,606 | 0.650 | $31,702 | 170.15 | 1.41 | 30.45 | 1994 | | $21,435 | 0.664 | $32,303 | 173.38 | 1.90 | 30.39 | 1995 | | $22,425 | 0.678 | $33,098 | 177.65 | 2.46 | 29.00 | 1996 | | $23,182 | 0.692 | $33,499 | 179.80 | 1.21 | 28.62 | 1997 | | $24,213 | 0.704 | $34,389 | 184.58 | 2.66 | 29.46 | 1998 | | $25,347 | 0.710 | $35,717 | 191.70 | 3.86 | 26.86 | 1999 | | $25,589 | 0.720 | $35,540 | 190.76 | -0.49 | 24.42 | 2000 | | $26,817 | 0.738 | $36,326 | 194.98 | 2.21 | 24.03 | 2001 | | $25,739 | 0.753 | $34,181 | 183.46 | -5.91 | 30.20 | 2002 | | $26,215 | 0.763 | $34,362 | 184.43 | 0.53 | 30.04 | 2003 | | $28,687 | 0.779 | $36,829 | 197.67 | 7.18 | 22.38 | 2004 | | $29,229 | 0.798 | $36,616 | 196.53 | -0.58 | 23.40 | 2005 | | $29,506 | 0.821 | $35,928 | 192.84 | -1.88 | 33.17 | 2006 | | $50,018 | 0.844 | $59,235 | 317.94 | 64.87 | 37.46 | 2007 | | $50,170 | 0.866 | $57,929 | 310.92 | -2.21 | 49.66 | 2008 | | $46,372 | 0.892 | $52,004 | 279.12 | -10.23 | 41.77 | 2009 | | $42,031 | 0.889 | $47,268 | 253.70 | -9.11 | 31.08 | 2010 | | $42,466 | 0.905 | $46,916 | 251.81 | -0.74 | 28.99 | 2011 | | $42,061 | 0.928 | $45,323 | 243.26 | -3.40 | 28.29 | 2012 | | $44,999 | 0.945 | $47,601 | 255.49 | 5.03 | 34.09 | 2013 | | $44,044 | 0.958 | $45,984 | 246.81 | -3.40 | 33.40 | 2014 | | $45,133 | 0.971 | $46,471 | 249.43 | 1.06 | 30.88 | 2015 | | $46,987 | 0.973 | $48,291 | 259.19 | 3.92 | 31.78 | 2016 | | $47,336 | 0.983 | $48,162 | 258.50 | -0.27 | 32.60 | 2017 | | $49,087 | 1.000 | $49,087 | 263.47 | 1.92 | 32.73 | 2018 | | $51,327 | 1.020 | $50,297 | 269.96 | 2.46 | 32.44 | 2019 | | $53,427 | 1.035 | $51,614 | 277.03 | 2.62 | 33.09 | 2020 | | $55,577 | 1.046 | $53,115 | 285.09 | 2.91 | 41.75 | 2021 | | $62,529 | 1.090 | $57,365 | 307.90 | 8.00 | 44.73 | 2022 | | $61,623 | 1.160 | $53,104 | 285.02 | -7.43 | 41.47 |
Source: Calculations by the Louisiana Regional Economic Analysis Project (LA-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1340_2000 | | | | |
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