| 2000 vs. 2020 Total Industry Earnings Growth and Change Pinal County 2000 vs. 2020 Net Percent Change = 113.93% Rank = #1 Greenlee County 2000 vs. 2020 Net Percent Change = 20.79% Rank = #15 Mohave County 2000 vs. 2020 Net Percent Change = 65.88% Rank = #7 With a spotlight on Mohave County, the chart above displays the distribution of the net percent change of real (inflation adjusted) industry earnings across Arizona's 15 counties over the period 2000-2020. Those counties whose real industry earnings growth registered above the statewide average over this period realized an increase in their statewide share of real industry earnings. Likewise, those counties whose real industry earnings growth registered below the statewide average experienced a decline in their relative share of real industry earnings statewide. Statewide Snippets:- Over 2000-2020 real industry earnings grew in all 15 Arizona counties.
- Real industry earnings growth in six counties outpaced the statewide average (68.26%), while growth in nine counties trailed.
- At the extremes of the distribution, Pinal County posted the highest growth of real industry earnings (113.93%), while Greenlee County placed last by logging a 20.79% gain.
- The spread in real industry earnings growth between the highest (Pinal County, 113.93%) and lowest (Greenlee County, 20.79%) over 2000-2020 equated to 93.14% ( = 113.93% − 20.79%).
- Real industry earnings growth statewide is but a weighted metric that stems from each county's share of real industry earnings statewide. On this point, as the largest county in Arizona, Maricopa County's net real industry earnings growth over 2000-2020 of $71,442,768K made up 76.65% of the total net growth statewide ($93,202,024K):
Maricopa County: Percent Share of Arizona's Real Industry Earnings Growth, 2000-2020:76.65% = ($71,442,768K / $93,202,024K) x 100 Mohave County Snippets:- Over 2000-2020, Mohave County posted a 65.88% net gain in real industry earnings.
- Mohave County was joined by eight other counties whose real industry earnings growth over 2000-2020 registered below the statewide average (68.26%).
- Ranked #7 among Arizona's 15 counties, Mohave County's real industry earnings growth (65.88%) trailed the statewide average of 68.26% by a 2.39% margin.
- Mohave County's net real industry earnings growth (65.88%, #7) over 2000-2020 registered just above that of Coconino County (58.87%, #8) and just below that of Maricopa County (72.39%, #6).
- Mohave County's share of real industry earnings statewide slipped from 1.47% in 2000 to 1.45% in 2020, resulting in a share-shift of -0.02%.
| | | | County Distribution of Real Industry Earnings Growth, 2000 vs. 2020 | More than 90% | 90% to 80% | 80% to 70% | 70% to 60% | 60% to 50% | 50% to 40% | 40% to 30% | 30% or Below | Total | 2000 vs. 2020 | 1 | 2 | 3 | 1 | 1 | 2 | 1 | 4 | 15 | | | | | | Maricopa County 2020 Real Industry Earnings = $170,129M Percent of State = 74.06% Rank = #1 La Paz County 2020 Real Industry Earnings = $331M Percent of State = 0.14% Rank = #15 Mohave County 2020 Real Industry Earnings = $3,326M Percent of State = 1.45% Rank = #7 Again highlighting Mohave County's position, the bar graph above displays the disposition by county of 2020 real industry earnings statewide ($229,733M). Tip: Although the visual profile of the bar chart remains unchanged you may opt to display the actual total by using the "Select Indicator" options above the graph Statewide Snippets:- Ranked #1, Maricopa County's 2020 industry earnings totaled $170,129M, equating to 74.06% of the statewide total.
- Ranked last (#15), La Paz County's real industry earnings of $331M in 2020 comprised just 0.14% of the total statewide. La Paz County's real industry earnings in 2020 equates to less than .01% to that of Maricopa County's.
- Maricopa County's 2020 industry earnings ($170,129M) exceeded the combined industry earnings ($59,604M) of Arizona's fourteen smallest counties.
Mohave County Snippets:- Mohave County's industry earnings in 2020 ranked #7, amounting to 1.45% of the statewide total.
- Mohave County's industry earnings of $3,326M placed below that of Coconino County's ($4,193M, #6), and just above that of Cochise County's ($3,045M, #8).
- Mohave County's industry earnings of $3,326M exceeds the combined total ($2,342M) of Arizona's four smallest counties.
| | | | County Distribution of Real Industry Earnings, 2020 | More than $100,000M | $100,000M to $80,000M | $80,000M to $60,000M | $60,000M to $40,000M | $40,000M to $20,000M | $20,000M or Below | Total | 2020 | 1 | 0 | 0 | 0 | 1 | 13 | 15 | | | | | | Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data. | | | | Arizona Real* Industry Earnings by County: 2000 vs. 2020 | 2000 | | 2020 | | 2000 - 2020 | | | | | | | | | | | | | | 910,436 | 0.67 | | 1,182,214 | 0.51 | | 29.85 | 271,778 | 0.29 | | | 2,040,048 | 1.49 | | 3,045,077 | 1.33 | | 49.26 | 1,005,029 | 1.08 | | | 2,639,223 | 1.93 | | 4,192,968 | 1.83 | | 58.87 | 1,553,745 | 1.67 | | | 733,268 | 0.54 | | 948,305 | 0.41 | | 29.33 | 215,037 | 0.23 | | | 334,602 | 0.25 | | 631,763 | 0.27 | | 88.81 | 297,161 | 0.32 | | | 356,845 | 0.26 | | 431,049 | 0.19 | | 20.79 | 74,204 | 0.08 | | | 262,691 | 0.19 | | 331,234 | 0.14 | | 26.09 | 68,543 | 0.07 | | | 98,686,576 | 72.28 | | 170,129,344 | 74.06 | | 72.39 | 71,442,768 | 76.65 | | | 2,005,101 | 1.47 | | 3,325,994 | 1.45 | | 65.88 | 1,320,893 | 1.42 | | | 1,312,657 | 0.96 | | 1,775,737 | 0.77 | | 35.28 | 463,079 | 0.50 | | | 19,220,102 | 14.08 | | 28,713,040 | 12.50 | | 49.39 | 9,492,937 | 10.19 | | | 2,148,884 | 1.57 | | 4,597,105 | 2.00 | | 113.93 | 2,448,221 | 2.63 | | | 640,846 | 0.47 | | 1,190,765 | 0.52 | | 85.81 | 549,919 | 0.59 | | | 2,421,568 | 1.77 | | 4,345,825 | 1.89 | | 79.46 | 1,924,257 | 2.06 | | | 2,818,497 | 2.06 | | 4,892,949 | 2.13 | | 73.60 | 2,074,452 | 2.23 | | | | | | | | | | | | | | 136,531,344 | 100.00 | | 229,733,368 | 100.00 | | 68.26 | 93,202,024 | 100.00 | | | 131,979,999 | 96.67 | | 223,242,301 | 97.17 | | 69.15 | 91,262,302 | 97.92 | | | 4,551,345 | 3.33 | | 6,491,067 | 2.83 | | 42.62 | 1,939,722 | 2.08 | | | | | | | | | | | | | | 8,938,721,519 | | | 12,575,166,053 | | | 40.68 | 3,636,444,534 | | | | 8,074,031,591 | | | 11,493,396,441 | | | 42.35 | 3,419,364,850 | | | | 864,689,928 | | | 1,081,769,613 | | | 25.10 | 217,079,684 | |
Source: Calculations by the Arizona Regional Economic Analysis Project (AZ-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1400_YRVYR_1200A | | | | |
Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data. | | | | Arizona Industry Earnings by County: 2000 vs. 2020 | 2000 | | 2020 | | 2000 - 2020 | | | | | | | | | | | | | | 672,102 | 0.67 | | 1,237,010 | 0.51 | | 84.05 | 564,908 | 0.40 | | | 1,506,004 | 1.49 | | 3,186,216 | 1.33 | | 111.57 | 1,680,212 | 1.20 | | | 1,948,327 | 1.93 | | 4,387,312 | 1.83 | | 125.18 | 2,438,985 | 1.75 | | | 541,313 | 0.54 | | 992,259 | 0.41 | | 83.31 | 450,946 | 0.32 | | | 247,010 | 0.25 | | 661,045 | 0.27 | | 167.62 | 414,035 | 0.30 | | | 263,430 | 0.26 | | 451,028 | 0.19 | | 71.21 | 187,598 | 0.13 | | | 193,924 | 0.19 | | 346,587 | 0.14 | | 78.72 | 152,663 | 0.11 | | | 72,852,404 | 72.28 | | 178,014,839 | 74.06 | | 144.35 | 105,162,435 | 75.34 | | | 1,480,206 | 1.47 | | 3,480,154 | 1.45 | | 135.11 | 1,999,948 | 1.43 | | | 969,030 | 0.96 | | 1,858,042 | 0.77 | | 91.74 | 889,012 | 0.64 | | | 14,188,664 | 14.08 | | 30,043,889 | 12.50 | | 111.75 | 15,855,225 | 11.36 | | | 1,586,349 | 1.57 | | 4,810,181 | 2.00 | | 203.22 | 3,223,832 | 2.31 | | | 473,085 | 0.47 | | 1,245,957 | 0.52 | | 163.37 | 772,872 | 0.55 | | | 1,787,650 | 1.77 | | 4,547,254 | 1.89 | | 154.37 | 2,759,604 | 1.98 | | | 2,080,671 | 2.06 | | 5,119,737 | 2.13 | | 146.06 | 3,039,066 | 2.18 | | | | | | | | | | | | | | 100,790,169 | 100.00 | | 240,381,510 | 100.00 | | 138.50 | 139,591,341 | 100.00 | | | 97,430,275 | 96.67 | | 233,589,582 | 97.17 | | 139.75 | 136,159,307 | 97.54 | | | 3,359,894 | 3.33 | | 6,791,928 | 2.83 | | 102.15 | 3,432,034 | 2.46 | | | | | | | | | | | | | | 6,598,743,000 | | | 13,158,025,000 | | | 99.40 | 6,559,282,000 | | | | 5,960,411,601 | | | 12,026,115,366 | | | 101.77 | 6,065,703,765 | | | | 638,331,399 | | | 1,131,909,634 | | | 77.32 | 493,578,235 | |
Source: Calculations by the Arizona Regional Economic Analysis Project (AZ-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1400_YRVYR_1200A | | | | |
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