| Cumberland County vs. Maine
Comparative Trends Report:
Total Personal Income, 1969-2021 Briefing Report Outline: | 1. | Introduction | | 2. | Line Graph - Cumberland County Total Personal Income, 1970-2021, Current vs. Constant Dollars | | 3. | Line Graph - Cumberland County and Maine Real Total Personal Income, 1969-2021 | | 4. | Line Graph - Real Total Personal Income Indices: Cumberland County, Maine and United States, 1969-2021 | | 5. | Line Graph - Total Personal Income as a Percent of the Maine Total: Cumberland County, 1969-2021 | | 6. | Line Graph - Cumberland County Real Total Personal Income: Annual Percent Change, 1970-2021 | | 7. | Line Graph - Cumberland County Real Total Personal Income: Annual Percent Change and Decade Averages Over 1970-2021 | | 8. | Bar Chart - Real Total Personal Income Growth: Average Annual Percent Change By Decade | | 9. | Table - Cumberland County: Total Personal Income, 1969-2021 | | 10. | Table - Maine: Total Personal Income, 1969-2021 | | 11. | Table - United States: Total Personal Income, 1969-2021 |
Introduction Cumberland County: 2021 TPI = $22,578,454K 2021 Percent of State = 28.13% Maine: 2021 TPI = $80,254,426K 2021 Percent of U.S. = 0.38% The annual total personal incomes (TPI) estimates compiled by the Bureau of Economic Analysis, (BEA) are among the most comprehensive, consistent, comparable and timely measures of economic activity available statewide and at the national levels. Personal income estimates are also the best available local level indicator of general purchasing power, and are therefore central to tracking and comparing county patterns of economic growth and change. The following graphs highlight trends in the pattern of growth and change in the total personal income of Cumberland County and Maine with comparison to the nation. The data used are those compiled by the Regional Income and Product Divisions of the Bureau of Economic Analysis, U.S. Department of Commerce. The 2012 constant dollar (real) estimates of total personal income reported in the tables and portrayed graphically below are determined using the Implicit Price Deflator for Personal Consumption. Data Definition: Personal income is the income received by persons from participation in production, plus transfer receipts from government and business, plus government interest (which is treated like a transfer receipt). It is defined as the sum of wages and salaries, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insurance. Because the personal income of an area represents the income that is received by, or on behalf of, all the persons who live in that area, and because the estimates of some components of personal income (wages and salaries, supplements to wages and salaries, and contributions for government social insurance) are made on a place-of-work basis, state personal income includes an adjustment for residence. The residence adjustment represents the net flow of compensation (less contributions for government social insurance) of interstate commuters. Figure 1. Figure 1 depicts Cumberland County's annual total personal income over 1970-2021 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 Cumberland County over time. When measured in current dollars, Cumberland County's total personal income increased 2,730.22%, from $798M in 1970 to $22,578M in 2021. When measured in constant 2012 dollars to adjust for inflation, it advanced 411.84%, from $3,815M in 1970 to $19,528M in 2021. Figure 2. Figure 2 traces Cumberland County's and Maine's annual real total personal income for the period 1969-2021 to illustrate real total personal income patterns over time. During this 53-year period, Cumberland County's real total personal income rose from $3,665M in 1969 to $19,528M in 2021, for a net gain of $15,863M, or 432.81%. In comparison, Maine's real total personal income increased from $16,199M in 1969 to $69,412M in 2021, for a net gain of $53,212M, or 328.49%. Figure 3. Figure 3 shows Cumberland County's real total personal income growth in a broader context by offering direct comparisons across time with Maine, the United States. The growth indices shown here express each region's real total personal income in 1969 as a base figure of 100, and the real total personal incomes in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real total personal income growth between regions that may differ vastly in size. Cumberland County's overall real total personal income growth was 432.81% over 1969-2021 outpaced Maine's increase of 328.49%, and topped the United States' increase of 364.86%. Figure 4. Another interesting and insightful way of comparing the total personal income growth of Cumberland County is to compare its individual percentage contributions to Maine's statewide total personal income over time, as shown in Figure 4. A rising share means a region's total personal income grew faster, or declined less, than Maine's total personal income, while a declining share shows it grew more slowly. In 1969, Cumberland County's total personal income comprised 22.63% of Maine's total personal income, while in 2021 it comprised 28.13% thereby yielding a +5.51% share-shift. | | | | | | Total Personal Income Share-Shift 2021 vs. 1969 | Share-
Shift* | | 2021 | vs. | 1969 | | +5.51% | = | 28.13% | - | 22.63% |
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Figure 5. Figure 5 highlights the short-run pattern of Cumberland County's real total personal income growth by tracking the year-to-year percent change over 1970-2021. The average annual percent change for the entire 52-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, Cumberland County's real total personal income grew at an annual rate of 3.30% over 1970-2021. The county recorded its highest growth in 1984 (8.04%) and recorded its lowest growth in 1991 (-2.19%). In 2021, Cumberland County's real total personal income grew by 2.78% 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 Cumberland County's real total personal income since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2021. During the 1970s, Cumberland County's annual real total personal income growth rate averaged 3.32%. It averaged 5.08% during the 1980s, 2.89% throughout the 1990s, 1.97% during the 2000s, 2.92% throughout the 2010s, 4.81% thus far this decade (2020-2021). Figure 7. Figure 7 compares the decade average growth rates for Cumberland County noted in the previous graph with the corresponding decade averages for Maine and the nation. As the chart reveals, Cumberland County's average annual real total personal income growth amounted to less than Maine's average during the 1970s (3.32% vs. 3.65%), exceeded Maine's average throughout the 1980s (5.08% vs. 4.16%), surpassed Maine's average throughout the 1990s (2.89% vs. 2.16%), posted below Maine's average in the 2000s (1.97% vs. 2.06%), surpassed Maine's average during the 2010s (2.92% vs. 1.79%), and recorded under Maine's average over the 2 year period of the current decade, 2020-2021 (4.81% vs. 5.29%). Finally, relative to nationwide real total personal income growth trends, Cumberland County recorded underneath the nation throughout the 1970s (3.32% vs. 3.50%), exceeded the nation over the 1980s (5.08% vs. 3.17%), recorded underneath the nation throughout the 1990s (2.89% vs. 3.30%), lagged the nation during the 2000s (1.97% vs. 2.04%), registered above the nation throughout the 2010s (2.92% vs. 2.79%), and recorded above the nation over 2020-2021 (4.81% vs. 4.39%). | | | | | | Real* Total Personal Income Growth: Average Annual Percent Change | | | | | | | | | | | | | | | | | | | | | | 3.30 | 3.32 | 5.08 | 2.89 | 1.97 | 2.92 | 4.81 | 2.78 | | | 2.86 | 3.65 | 4.16 | 2.16 | 2.06 | 1.79 | 5.29 | 3.13 | | | 3.02 | 3.50 | 3.17 | 3.30 | 2.04 | 2.79 | 4.39 | 3.29 |
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 Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.
| | | | | | Cumberland County:
Total Personal Income, 1969-2021 | | | | | | | | | 1969 | | 732,141 | 0.200 | 3,665,103 | 100.0 | N | 22.63 | 1970 | | 797,762 | 0.209 | 3,815,218 | 104.1 | 4.10 | 22.43 | 1971 | | 861,974 | 0.218 | 3,954,372 | 107.9 | 3.65 | 22.55 | 1972 | | 955,512 | 0.225 | 4,238,808 | 115.7 | 7.19 | 22.82 | 1973 | | 1,042,308 | 0.238 | 4,387,557 | 119.7 | 3.51 | 22.15 | 1974 | | 1,140,508 | 0.262 | 4,348,271 | 118.6 | -0.90 | 21.81 | 1975 | | 1,256,075 | 0.284 | 4,420,465 | 120.6 | 1.66 | 22.22 | 1976 | | 1,402,737 | 0.300 | 4,679,846 | 127.7 | 5.87 | 21.76 | 1977 | | 1,529,377 | 0.319 | 4,790,831 | 130.7 | 2.37 | 21.82 | 1978 | | 1,703,563 | 0.341 | 4,989,202 | 136.1 | 4.14 | 22.01 | 1979 | | 1,885,449 | 0.372 | 5,071,411 | 138.4 | 1.65 | 21.95 | 1980 | | 2,112,952 | 0.412 | 5,130,766 | 140.0 | 1.17 | 21.89 | 1981 | | 2,356,411 | 0.449 | 5,251,523 | 143.3 | 2.35 | 22.12 | 1982 | | 2,594,726 | 0.474 | 5,478,382 | 149.5 | 4.32 | 22.41 | 1983 | | 2,806,519 | 0.494 | 5,683,744 | 155.1 | 3.75 | 22.50 | 1984 | | 3,146,812 | 0.512 | 6,140,960 | 167.6 | 8.04 | 22.82 | 1985 | | 3,457,341 | 0.530 | 6,519,472 | 177.9 | 6.16 | 23.21 | 1986 | | 3,814,722 | 0.542 | 7,040,311 | 192.1 | 7.99 | 23.66 | 1987 | | 4,167,120 | 0.559 | 7,460,603 | 203.6 | 5.97 | 23.82 | 1988 | | 4,637,824 | 0.580 | 7,991,013 | 218.0 | 7.11 | 24.06 | 1989 | | 5,028,325 | 0.606 | 8,301,402 | 226.5 | 3.88 | 23.93 | 1990 | | 5,308,965 | 0.632 | 8,396,143 | 229.1 | 1.14 | 24.27 | 1991 | | 5,366,377 | 0.653 | 8,212,376 | 224.1 | -2.19 | 24.12 | 1992 | | 5,613,096 | 0.671 | 8,366,891 | 228.3 | 1.88 | 24.06 | 1993 | | 5,852,266 | 0.688 | 8,511,396 | 232.2 | 1.73 | 24.29 | 1994 | | 6,160,853 | 0.702 | 8,777,019 | 239.5 | 3.12 | 24.56 | 1995 | | 6,510,889 | 0.717 | 9,084,412 | 247.9 | 3.50 | 24.87 | 1996 | | 6,932,134 | 0.732 | 9,469,611 | 258.4 | 4.24 | 25.07 | 1997 | | 7,410,094 | 0.745 | 9,949,373 | 271.5 | 5.07 | 25.40 | 1998 | | 7,998,429 | 0.751 | 10,654,628 | 290.7 | 7.09 | 25.61 | 1999 | | 8,387,749 | 0.762 | 11,012,747 | 300.5 | 3.36 | 25.68 | 2000 | | 8,958,029 | 0.781 | 11,471,416 | 313.0 | 4.16 | 25.52 | 2001 | | 9,448,742 | 0.797 | 11,861,934 | 323.6 | 3.40 | 25.50 | 2002 | | 9,675,465 | 0.807 | 11,989,127 | 327.1 | 1.07 | 25.25 | 2003 | | 10,278,885 | 0.824 | 12,474,678 | 340.4 | 4.05 | 25.54 | 2004 | | 10,928,876 | 0.844 | 12,942,311 | 353.1 | 3.75 | 25.83 | 2005 | | 11,164,390 | 0.869 | 12,850,948 | 350.6 | -0.71 | 25.71 | 2006 | | 11,954,498 | 0.893 | 13,383,599 | 365.2 | 4.14 | 26.22 | 2007 | | 12,378,832 | 0.916 | 13,511,944 | 368.7 | 0.96 | 26.14 | 2008 | | 12,875,060 | 0.943 | 13,649,679 | 372.4 | 1.02 | 26.04 | 2009 | | 12,567,167 | 0.941 | 13,360,514 | 364.5 | -2.12 | 25.44 | 2010 | | 13,025,107 | 0.957 | 13,603,671 | 371.2 | 1.82 | 25.74 | 2011 | | 13,733,502 | 0.982 | 13,989,510 | 381.7 | 2.84 | 26.02 | 2012 | | 14,175,898 | 1.000 | 14,175,898 | 386.8 | 1.33 | 26.36 | 2013 | | 14,170,385 | 1.014 | 13,981,081 | 381.5 | -1.37 | 26.37 | 2014 | | 14,928,068 | 1.029 | 14,509,188 | 395.9 | 3.78 | 26.72 | 2015 | | 15,759,410 | 1.031 | 15,283,186 | 417.0 | 5.33 | 27.02 | 2016 | | 16,451,290 | 1.041 | 15,796,069 | 431.0 | 3.36 | 27.44 | 2017 | | 17,358,610 | 1.061 | 16,367,709 | 446.6 | 3.62 | 27.83 | 2018 | | 18,239,333 | 1.083 | 16,838,846 | 459.4 | 2.88 | 28.05 | 2019 | | 19,550,389 | 1.099 | 17,783,913 | 485.2 | 5.61 | 28.39 | 2020 | | 21,117,744 | 1.111 | 19,000,175 | 518.4 | 6.84 | 28.23 | 2021 | | 22,578,454 | 1.156 | 19,527,987 | 532.8 | 2.78 | 28.13 |
Source: Calculations by the Maine Regional Economic Analysis Project (ME-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2022 REAP_PI_CA1400_300_PSN | | | | | |
Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data. | | | | | | Maine:
Total Personal Income, 1969-2021 | | | | | | | | | 1969 | | 3,235,956 | 0.200 | 16,199,219 | 100.0 | N | 0.41 | 1970 | | 3,557,067 | 0.209 | 17,011,320 | 105.0 | 5.01 | 0.42 | 1971 | | 3,822,683 | 0.218 | 17,536,852 | 108.3 | 3.09 | 0.41 | 1972 | | 4,187,722 | 0.225 | 18,577,420 | 114.7 | 5.93 | 0.41 | 1973 | | 4,706,690 | 0.238 | 19,812,637 | 122.3 | 6.65 | 0.42 | 1974 | | 5,229,257 | 0.262 | 19,936,929 | 123.1 | 0.63 | 0.42 | 1975 | | 5,652,308 | 0.284 | 19,891,987 | 122.8 | -0.23 | 0.41 | 1976 | | 6,446,973 | 0.300 | 21,508,551 | 132.8 | 8.13 | 0.43 | 1977 | | 7,007,608 | 0.319 | 21,951,596 | 135.5 | 2.06 | 0.42 | 1978 | | 7,740,514 | 0.341 | 22,669,539 | 139.9 | 3.27 | 0.42 | 1979 | | 8,589,911 | 0.372 | 23,104,823 | 142.6 | 1.92 | 0.41 | 1980 | | 9,653,484 | 0.412 | 23,441,028 | 144.7 | 1.46 | 0.42 | 1981 | | 10,651,560 | 0.449 | 23,738,183 | 146.5 | 1.27 | 0.41 | 1982 | | 11,580,973 | 0.474 | 24,451,519 | 150.9 | 3.01 | 0.42 | 1983 | | 12,472,953 | 0.494 | 25,260,142 | 155.9 | 3.31 | 0.42 | 1984 | | 13,786,735 | 0.512 | 26,904,621 | 166.1 | 6.51 | 0.42 | 1985 | | 14,893,299 | 0.530 | 28,084,138 | 173.4 | 4.38 | 0.42 | 1986 | | 16,123,204 | 0.542 | 29,756,393 | 183.7 | 5.95 | 0.43 | 1987 | | 17,490,913 | 0.559 | 31,314,856 | 193.3 | 5.24 | 0.44 | 1988 | | 19,277,248 | 0.580 | 33,214,873 | 205.0 | 6.07 | 0.45 | 1989 | | 21,011,342 | 0.606 | 34,688,209 | 214.1 | 4.44 | 0.46 | 1990 | | 21,870,390 | 0.632 | 34,588,082 | 213.5 | -0.29 | 0.45 | 1991 | | 22,249,656 | 0.653 | 34,049,516 | 210.2 | -1.56 | 0.44 | 1992 | | 23,324,829 | 0.671 | 34,768,031 | 214.6 | 2.11 | 0.43 | 1993 | | 24,094,940 | 0.688 | 35,043,108 | 216.3 | 0.79 | 0.43 | 1994 | | 25,085,736 | 0.702 | 35,738,230 | 220.6 | 1.98 | 0.42 | 1995 | | 26,179,272 | 0.717 | 36,527,008 | 225.5 | 2.21 | 0.42 | 1996 | | 27,653,140 | 0.732 | 37,775,449 | 233.2 | 3.42 | 0.41 | 1997 | | 29,169,522 | 0.745 | 39,165,286 | 241.8 | 3.68 | 0.41 | 1998 | | 31,232,562 | 0.751 | 41,604,585 | 256.8 | 6.23 | 0.41 | 1999 | | 32,656,992 | 0.762 | 42,877,202 | 264.7 | 3.06 | 0.41 | 2000 | | 35,107,378 | 0.781 | 44,957,585 | 277.5 | 4.85 | 0.41 | 2001 | | 37,058,391 | 0.797 | 46,523,038 | 287.2 | 3.48 | 0.41 | 2002 | | 38,323,541 | 0.807 | 47,487,721 | 293.1 | 2.07 | 0.42 | 2003 | | 40,247,620 | 0.824 | 48,845,385 | 301.5 | 2.86 | 0.42 | 2004 | | 42,315,564 | 0.844 | 50,111,393 | 309.3 | 2.59 | 0.42 | 2005 | | 43,421,280 | 0.869 | 49,980,754 | 308.5 | -0.26 | 0.41 | 2006 | | 45,599,656 | 0.893 | 51,050,868 | 315.1 | 2.14 | 0.40 | 2007 | | 47,357,327 | 0.916 | 51,692,238 | 319.1 | 1.26 | 0.39 | 2008 | | 49,445,354 | 0.943 | 52,420,200 | 323.6 | 1.41 | 0.40 | 2009 | | 49,402,953 | 0.941 | 52,521,691 | 324.2 | 0.19 | 0.41 | 2010 | | 50,603,646 | 0.957 | 52,851,417 | 326.3 | 0.63 | 0.40 | 2011 | | 52,789,038 | 0.982 | 53,773,085 | 331.9 | 1.74 | 0.40 | 2012 | | 53,782,491 | 1.000 | 53,782,491 | 332.0 | 0.02 | 0.38 | 2013 | | 53,742,001 | 1.014 | 53,024,055 | 327.3 | -1.41 | 0.38 | 2014 | | 55,863,585 | 1.029 | 54,296,058 | 335.2 | 2.40 | 0.37 | 2015 | | 58,331,304 | 1.031 | 56,568,626 | 349.2 | 4.19 | 0.37 | 2016 | | 59,959,246 | 1.041 | 57,571,193 | 355.4 | 1.77 | 0.37 | 2017 | | 62,372,138 | 1.061 | 58,811,679 | 363.1 | 2.15 | 0.37 | 2018 | | 65,015,131 | 1.083 | 60,023,017 | 370.5 | 2.06 | 0.37 | 2019 | | 68,862,973 | 1.099 | 62,640,857 | 386.7 | 4.36 | 0.37 | 2020 | | 74,805,899 | 1.111 | 67,304,781 | 415.5 | 7.45 | 0.38 | 2021 | | 80,254,426 | 1.156 | 69,411,635 | 428.5 | 3.13 | 0.38 |
Source: Calculations by the Maine Regional Economic Analysis Project (ME-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2022 REAP_PI_CA1400_300_PSN | | | | | |
Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data. | | | | | | United States:
Total Personal Income, 1969-2021 | | | | | | | | 1969 | | 791,229,000 | 0.200 | 3,960,898,078 | 100.0 | N | 1970 | | 855,525,000 | 0.209 | 4,091,463,415 | 103.3 | 3.30 | 1971 | | 924,613,000 | 0.218 | 4,241,733,187 | 107.1 | 3.67 | 1972 | | 1,016,408,000 | 0.225 | 4,508,952,178 | 113.8 | 6.30 | 1973 | | 1,133,468,000 | 0.238 | 4,771,291,463 | 120.5 | 5.82 | 1974 | | 1,244,912,000 | 0.262 | 4,746,318,960 | 119.8 | -0.52 | 1975 | | 1,362,505,000 | 0.284 | 4,795,020,236 | 121.1 | 1.03 | 1976 | | 1,495,704,000 | 0.300 | 4,990,004,671 | 126.0 | 4.07 | 1977 | | 1,651,632,000 | 0.319 | 5,173,799,455 | 130.6 | 3.68 | 1978 | | 1,855,849,000 | 0.341 | 5,435,199,883 | 137.2 | 5.05 | 1979 | | 2,073,257,000 | 0.372 | 5,576,569,477 | 140.8 | 2.60 | 1980 | | 2,313,160,000 | 0.412 | 5,616,920,014 | 141.8 | 0.72 | 1981 | | 2,592,915,000 | 0.449 | 5,778,598,650 | 145.9 | 2.88 | 1982 | | 2,779,794,000 | 0.474 | 5,869,125,689 | 148.2 | 1.57 | 1983 | | 2,968,676,000 | 0.494 | 6,012,143,060 | 151.8 | 2.44 | 1984 | | 3,279,488,000 | 0.512 | 6,399,875,105 | 161.6 | 6.45 | 1985 | | 3,510,471,000 | 0.530 | 6,619,658,313 | 167.1 | 3.43 | 1986 | | 3,719,647,000 | 0.542 | 6,864,843,865 | 173.3 | 3.70 | 1987 | | 3,946,593,000 | 0.559 | 7,065,782,831 | 178.4 | 2.93 | 1988 | | 4,267,813,000 | 0.580 | 7,353,480,478 | 185.7 | 4.07 | 1989 | | 4,609,667,000 | 0.606 | 7,610,227,498 | 192.1 | 3.49 | 1990 | | 4,897,821,000 | 0.632 | 7,745,917,351 | 195.6 | 1.78 | 1991 | | 5,067,291,000 | 0.653 | 7,754,672,890 | 195.8 | 0.11 | 1992 | | 5,409,920,000 | 0.671 | 8,064,036,251 | 203.6 | 3.99 | 1993 | | 5,648,732,000 | 0.688 | 8,215,381,483 | 207.4 | 1.88 | 1994 | | 5,940,128,000 | 0.702 | 8,462,564,643 | 213.7 | 3.01 | 1995 | | 6,286,143,000 | 0.717 | 8,770,831,996 | 221.4 | 3.64 | 1996 | | 6,673,186,000 | 0.732 | 9,115,876,182 | 230.1 | 3.93 | 1997 | | 7,086,935,000 | 0.745 | 9,515,474,368 | 240.2 | 4.38 | 1998 | | 7,601,594,000 | 0.751 | 10,126,007,726 | 255.6 | 6.42 | 1999 | | 8,006,585,000 | 0.762 | 10,512,295,835 | 265.4 | 3.81 | 2000 | | 8,654,561,000 | 0.781 | 11,082,803,176 | 279.8 | 5.43 | 2001 | | 9,009,842,000 | 0.797 | 11,310,939,540 | 285.6 | 2.06 | 2002 | | 9,157,682,000 | 0.807 | 11,347,527,942 | 286.5 | 0.32 | 2003 | | 9,491,393,000 | 0.824 | 11,518,960,412 | 290.8 | 1.51 | 2004 | | 10,037,313,000 | 0.844 | 11,886,495,032 | 300.1 | 3.19 | 2005 | | 10,599,603,000 | 0.869 | 12,200,841,429 | 308.0 | 2.64 | 2006 | | 11,374,142,000 | 0.893 | 12,733,863,998 | 321.5 | 4.37 | 2007 | | 12,014,107,000 | 0.916 | 13,113,833,039 | 331.1 | 2.98 | 2008 | | 12,475,898,000 | 0.943 | 13,226,501,988 | 333.9 | 0.86 | 2009 | | 12,073,407,000 | 0.941 | 12,835,583,977 | 324.1 | -2.96 | 2010 | | 12,586,509,000 | 0.957 | 13,145,590,985 | 331.9 | 2.42 | 2011 | | 13,330,436,000 | 0.982 | 13,578,930,427 | 342.8 | 3.30 | 2012 | | 14,003,346,000 | 1.000 | 14,003,346,000 | 353.5 | 3.13 | 2013 | | 14,189,228,000 | 1.014 | 13,999,672,435 | 353.4 | -0.03 | 2014 | | 14,969,527,000 | 1.029 | 14,549,483,414 | 367.3 | 3.93 | 2015 | | 15,681,233,000 | 1.031 | 15,207,371,310 | 383.9 | 4.52 | 2016 | | 16,092,713,000 | 1.041 | 15,451,773,438 | 390.1 | 1.61 | 2017 | | 16,837,337,000 | 1.061 | 15,876,192,317 | 400.8 | 2.75 | 2018 | | 17,671,054,000 | 1.083 | 16,314,201,834 | 411.9 | 2.76 | 2019 | | 18,575,467,000 | 1.099 | 16,897,080,040 | 426.6 | 3.57 | 2020 | | 19,812,171,000 | 1.111 | 17,825,517,117 | 450.0 | 5.49 | 2021 | | 21,288,709,000 | 1.156 | 18,412,493,405 | 464.9 | 3.29 |
Source: Calculations by the Maine Regional Economic Analysis Project (ME-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2022 REAP_PI_CA1400_300_PN | | | | | |
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