Total Personal Income in Missouri
MOOTOT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
417,153.10
Year-over-Year Change
17.76%
Date Range
1/1/1948 - 1/1/2025
Summary
Total Personal Income in Missouri measures the aggregate income received by individuals within the state. It is a key indicator of economic well-being and consumer spending power.
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 metric tracks the total dollar value of all income sources for Missouri residents, including wages, salaries, dividends, interest, rent, and government benefits. It provides insight into the overall health and growth of the state's economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on a variety of government and private sector sources.
Historical Context
Total Personal Income is closely monitored by economists, policymakers, and businesses to assess consumer demand and guide economic policy decisions.
Key Facts
- Missouri's total personal income reached a record high of $334 billion in 2021.
- Per capita personal income in Missouri was $53,957 in 2021, below the national average.
- Personal income grew by 5.1% in Missouri in 2021, slightly faster than the U.S. as a whole.
FAQs
Q: What does this economic trend measure?
A: Total Personal Income in Missouri measures the aggregate income received by individuals within the state, including wages, salaries, dividends, interest, rent, and government benefits.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall health and growth of Missouri's economy, and is closely monitored by economists, policymakers, and businesses to assess consumer demand and guide economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on a variety of government and private sector sources.
Q: How is this trend used in economic policy?
A: Total Personal Income is used by economists and policymakers to assess consumer spending power and guide decisions on economic policies and programs.
Q: Are there update delays or limitations?
A: The data is typically released on a quarterly basis with a lag of several months, and may be subject to revisions as more complete information becomes available.
Related Trends
All Employees: Education and Health Services: Private Education and Health Services in Missouri
MOEDUH
Total Unemployed, Plus Discouraged Workers, Plus All Other Marginally Attached Workers, as a Percent of the Civilian Labor Force Plus All Marginally Attached Workers for Missouri
U5UNEM5MO
Gross Domestic Product: Textile Mills and Textile Product Mills (313-314) in Missouri
MOTEXTNGSP
Average Hourly Earnings of All Employees: Trade, Transportation, and Utilities in Missouri
SMU29000004000000003
Chain-Type Quantity Index for Real GDP: Mining, Quarrying, and Oil and Gas Extraction (21) in Missouri
MOMINQGSP
All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Missouri
SMS29000004300000001
Citation
U.S. Federal Reserve, Total Personal Income in Missouri (MOOTOT), retrieved from FRED.