REIS contains economic data and annual estimates of personal income for the residents of the United States as well as States, 337 Metropolitan Areas and 3,107 counties for 1969-1989. Statistics include: personal income by source; per capita personal income; earnings by 2-digit Standard Industrial Classification (SIC) code industry; full and part-time employment by industry; regional economic profiles. The CD-ROM includes software programs for extractions and allow the user to display, print, or copy one or more of the standard tables from the historical personal income series.
In addition, REIS includes BEA estimates of quarterly personal income by State (1969:I-1991:IV) and Census Bureau data on intercounty flows for 1960, 1970, and 1980. Also included are BEA's latest gross state product estimates for 1977-89; its projections to 2040 of income and employment for States and Metropolitan Areas; and total commuters' income flows, 1969-90. These additional data, though not accessible through software programs, are in fixed-length record formats and are easily imported into spreadsheet or database applications.
For a detailed description on BEA products consult the "About the Bureau of Economic Analysis and Its Information" document (listed under producer).
A series of ASCII text files located in a multitude of directories. Text files describe sources and methodology of study, definitions of terms used, a users' guide, glossary, variable labels and layout, and supporting documentation on BEA's activities.
Data are available as a set of archive files in comma delimited ASCII format which were compressed using PKZIP by PKWARE, Inc. These files were than converted to auto-executing. The data are also accessible via a database software program (display, print, and copy functions) included on the CD-ROM release.
In the national and regional economic accounts, persons are defined as individuals, nonprofit institutions serving individuals, private noninsured welfare funds, and private trust funds. The last three are referred to as "quasi-individuals". Subnational estimates include residents of the United States residing only in the 50 States and the District of Columbia. National estimates also include Federal civilian and military personnel stationed abroad and residents who are employed by U.S. firms and are on temporary foreign assignment.
BEA uses information collected by others to prepare its estimates of State and local area personal income. Generally, two kinds of information are used to measure the income of persons: Information generated at the point of disbursement of the income and information elicited from the recipient of the income. The first kind, referred to as "administrative record data," is a byproduct of the administration of various Federal and State government programs; the second kind is survey and census data.
The following are among the more important sources of the administrative record data:
The data obtained from administrative records and censuses is used to estimate about 90 percent of personal income. Data of lesser quality, scope, and relevance are used for the remaining 10 percent.
BEA presents local area estimates for all counties and county equivalents and for all county-based Metropolitan Areas recognized for statistical purposes by the Office of Management and Budget except for the following areas, which are combined with adjacent counties: Kalawao County, HI; the Montana portion of Yellowstone National Park; Menominee County, WI; and the smaller independent cities of Virginia. Special tabulations can be prepared for any area that can be defined in terms of counties. County equivalents include Alaska boroughs and census areas, the District of Columbia (which is also treated as a State), Louisiana parishes, and the independent cities of Maryland, Missouri, Nevada, and Virginia.
State estimates are presented for all States and the District of Columbia, but not for the territories of the United States. The State estimates for the continental United States are often aggregated into eight BEA regions: New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West. Alaska and Hawaii are not included in a region. The regional classifications, which were developed in the mid-1950's, are based on the homogeneity of the States with respect to income characteristics, industrial composition of the employed labor force, and noneconomic characteristics, such as demographic, social, and cultural factors. The Census Bureau publishes data by region using four Census regions composed of nine Census divisions. To enable comparisons, BEA estimates with census data, BEA often publishes its State estimates aggregated to Census divisions.
The per capita personal income estimates can be misleading in areas where population changes rapidly. Population is measured at midyear, whereas income is measured as a flow over the year.
Included on the CD-ROM media are the following dataset: