BEA’s Local Area Statistics
Mauricio Ortiz
National Association of Counties
Economic & Workforce Development Steering
Committee
Washington, D.C
www.bea.gov
July 12, 2014
Value of Government Data
▪ Reliable information is critical to the
proper functioning of an economy.
▪ Government data, Federal Statistics in
particular, are an important component
of the information infrastructure.
▪ “Data are the fuel that powers the 21st
century economy” Commerce Secretary
Penny Pritzker.
www.bea.gov
2
Uses of Data
▪ Statistics provide the framework to
assess an area’s economy
 Place of work industry data provide indirect
measure of industrial market
 Place of residence income provides measure of
consumer market
 Per capital personal income is an indicator of
economic well-being
 Income component data provides socioeconomic
characteristics
www.bea.gov
3
LAPI Tables
www.bea.gov
4
Personal Income
www.bea.gov
5
Non-Labor Income
▪ Consists of dividend, interest, and rent
plus personal current transfer receipts.
▪ In 2012 U.S. non-labor income is 31% of
personal income. In 1970 it was 21%.
▪ Across all counties in 2012 the ratio of
non-labor income to personal income
ranged from 13% to 71%.
www.bea.gov
6
Property Income
▪ In 2012 U.S. property income is 18% of
personal income. In 1970 it was 15%.
▪ Across all counties in 2012 the ratio of
property income to personal income
ranged from 8% to 53%.
▪ In 1970 the ratio across all counties
ranged from 2% to 53%.
www.bea.gov
7
Transfer Receipts
www.bea.gov
8
Current Personal Transfer Receipts
▪ In 2012 U.S social security benefits are
6% of personal income. In 1970 they
were 5%.
▪ Across all counties in 2012 the ratio of
social security benefits to personal
income ranged from 1% to 23%. In 1970 it
ranged from less than 1% to 13%.
www.bea.gov
9
Current Personal Transfer Receipts
▪ In 2012 U.S Medicare benefits are 4% of
personal income. In 1970 they were 1%.
▪ Across all counties in 2012 the ratio of
social security benefits to personal
income ranged from 1% to 16%. In 1970 it
ranged from less than 1% to 4%.
www.bea.gov
10
Employment by Industry
www.bea.gov
11
BEA Regional Income & Product Account Estimates
Used to Distribute $ 308.0 Billion in Federal Funds, FY2013
[Funded Programs Are Shown in Millions of Dollars]
National School Lunch
Program
$11,463.3
Children's Health
Insurance Program
$10,027.0
Foster Care_Title IV-E
$4,400.0
Rehabilitation
Services_Vocational
Rehabilitation Grants to
States
$3,191.7
Other programs
$1,879.1
Title I Grants to Local
Educational Agencies
$3,116.8
Career and Technical
Education -- Basic
Grants to States
$1,003.4
Block Grants for
Prevention and
Treatment of
Substance Abuse
$1,600.2
Child Care and
Development Block
Grant
$2,190.7
Medical
Assistance
Program
$263,700.0
All Other
Funding
$44,281.9
bea.gov
Adoption Assistance
$2,500.0
Child Care Mandatory
and Matching Funds of
the Child Care and
Development Fund
$2,909.7
Sources: Catalog of Federal Domestic Assistance (5/22/2014), 2014
President’s Budget, Appalachian Regional Commission, Department of
Agriculture, Department of Commerce, Department of Education,
Department of Health and Human Services, Department of Homeland
Security, Department of interior.
Release Schedule
▪ State Personal Income and Employment
 Quarterly and Preliminary Annual income by
sector--3 months after end of quarter
 Annual income and employment by subsector--9
months after end of year
▪ Local Area Personal Income and Employment
 Annual only—11 months after end of year
www.bea.gov
13
Questions
▪ Contact Information:
 Mauricio Ortiz
 Regional Income Division
 mauricio.ortiz@bea.gov
 202-606-9269
www.bea.gov