Net Earnings by Place of Residence in Iowa
IAENET • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127,711,243.00
Year-over-Year Change
6.00%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Net Earnings by Place of Residence in Iowa' series measures total personal income earned by Iowa residents, providing insights into the state's economic activity and living standards.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator represents the net earnings (total compensation minus contributions for government social insurance) of Iowa residents. It is a key metric used by policymakers and analysts to evaluate the overall purchasing power and financial well-being of Iowans.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys and economic modeling.
Historical Context
Trends in net earnings help inform decisions around taxation, government spending, and economic development policies in Iowa.
Key Facts
- Iowa's net earnings totaled $143 billion in 2021.
- Net earnings per capita in Iowa were $45,200 in 2021.
- Iowa's net earnings have grown by 4.2% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Net Earnings by Place of Residence in Iowa' series measures the total personal income earned by Iowa residents, including wages, salaries, and other compensation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall purchasing power and financial well-being of Iowans, which is crucial for policymakers and economists analyzing the state's economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys and economic modeling.
Q: How is this trend used in economic policy?
A: Trends in net earnings help inform decisions around taxation, government spending, and economic development policies in Iowa.
Q: Are there update delays or limitations?
A: The net earnings data is released on a quarterly basis, with a lag of approximately three months.
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Citation
U.S. Federal Reserve, Net Earnings by Place of Residence in Iowa (IAENET), retrieved from FRED.