Date of this Version
Business in Nebraska vol. 50 no. 601
This article compares growth rates of the economies of Nebraska, its six bordering states-South Dakota, Wyoming, Colorado, Kansas, Missouri and Iowa-and the United States over four time periods since 1970. The comparisons are based on four broad measures of economic performance: employment, average wage per job, personal income, and transfer payments.
Growth rates are expressed as average annual growth rates across each of the four time periods presented. The purpose of utilizing multiple time periods is to portray a moving picture of economic growth. Each period selected was characterized by unique phenomena that impacted economic performance in disparate ways (see insert).
Average Wage Per Job