Introduction
Eureka County vs. Nevada
Eureka County:
2022 Earnings = $601,332K
2022 Percent of State = 0.46%
Nevada:
2022 Earnings = $131,549,693K
2022 Percent of U.S. = 0.87%
Industry earnings are incomes received by people who are directly involved with producing goods and services. Earnings, referred to also as "labor and proprietors income", include (1) wage and salary disbursements, (2) other labor income such as employer contributions to private retirement and medical insurance programs, and (3) the net incomes of proprietors (i.e., the owners of unincorporated enterprises).
In contrast to the more frequently cited employment data, earnings data more accurately reflect qualitative differences in labor's contributions toward the production of goods and services, namely the productivity differences reflected in variations in earnings per job. Earnings data, therefore, are better for comparing and tracking long-term trends and identifying short-run shifts in the level and composition of economic activity within and among counties.
Just like the employment data compiled by BEA, earnings data are reported on a place-of-work, or more accurately on a place-where-earned, basis.
Note: the BEA earnings data presented and discussed here in the context of comparing and assessing the economic growth and performance of county and regional economies are entirely separate and apart from--and should not be confused with--corporate earnings, which are compiled from the balance sheets of individual private corporations.
Page 2 of 13
Eureka County Total Industry Earnings, 1970-2022
Current vs. Constant Dollars (Millions)
Eureka County Total Industry Earnings, 1970-2022
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Eureka County's annual total industry earnings over 1970-2022 in current and constant (2017) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of Eureka County over time.
When measured in current dollars, Eureka County's total industry earnings increased 11,562.76%, from $5M in 1970 to $601M in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 1,886.56%, from $26M in 1970 to $518M in 2022.
Page 3 of 13
Real Total Industry Earnings, 1969-2022 (Millions)
Real Total Industry Earnings, 1969-2022 (Millions)
Figure 2.
Figure 2 tracks Eureka County's and Nevada's annual real total industry earnings for the period 1969-2022 to illustrate real total industry earnings patterns over time. During this 54-year period, Eureka County's real total industry earnings rose from $33M in 1969 to $518M in 2022, for a net gain of $485M, or 1,464.87%. In comparison, Nevada's real total industry earnings increased from $10,360M in 1969 to $113,363M in 2022, for a net advance of $103,003M, or 994.22%.
Page 4 of 13
Real Total Industry Earnings Indices (1969=100): 1969-2022
Real Total Industry Earnings Indices (1969=100): 1969-2022
Figure 3.
Figure 3 portrays Eureka County's real total industry earnings growth in a broader context by offering direct comparisons across time with Nevada, the United States. The growth indices shown here express each region's real total industry earnings in 1969 as a base figure of 100, and the real total industry earningss in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real total industry earnings growth between regions that may differ vastly in size.
Eureka County's overall real total industry earnings growth was 1,464.87% over 1969-2022 outpaced Nevada's increase of 994.22%, and outpaced the United States' increase of 278.59%.
Page 5 of 13
Total Industry Earnings as a Percent of the Nevada Total: 1969-2022
Total Industry Earnings as a Percent of the Nevada Total: 1969-2022
Figure 4.
Another interesting and insightful way of comparing the total industry earnings growth of Eureka County is to compare its individual percentage contributions to Nevada's statewide total industry earnings over time, as shown in Figure 4. A rising share means a region's total industry earnings grew faster, or declined less, than Nevada's total industry earnings, while a declining share shows it grew more slowly.
In 1969, Eureka County's total industry earnings comprised 0.32% of Nevada's total industry earnings, while in 2022 it equated to 0.46% thereby yielding a +0.14% share-shift.
   
 
Total Industry Earnings Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
+0.14%
=
0.46%
-
0.32%
 
   
Page 6 of 13
Eureka County Real Total Industry Earnings:
Annual Percent Change, 1970-2022
Eureka County Real Total Industry Earnings:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 shows the short-run pattern of Eureka County's real total industry earnings growth by tracking the year-to-year percent change over 1970-2022. The average annual percent change for the entire 53-year period is also illustrated on this chart to provide a benchmark for gauging periods of relative high--and relative low--growth against the backdrop of the long-term average.
On average, Eureka County's real total industry earnings grew at an annual rate of 6.93% over 1970-2022. The county posted its highest growth in 1988 (142.60%) and recorded its lowest growth in 2001 (-27.45%). In 2022, Eureka County's real total industry earnings declined by -0.06%
Page 7 of 13
Eureka County Real Total Industry Earnings:
Annual Percent Change and Decade Averages Over 1970-2022
Eureka County Real Total Industry Earnings:
Annual Percent Change and Decade Averages Over 1970-2022
Figure 6.
Over the past five decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again traces the annual percent change in Eureka County's real total industry earnings since 1970, but this time they are displayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Eureka County's annual real total industry earnings growth rate averaged 1.53%. It averaged 28.40% during the 1980s, 5.42% in the 1990s, 0.96% during the 2000s, 1.16% in the 2010s, -2.48% thus far this decade (2020-2022).
Page 8 of 13
Real Total Industry Earnings Growth:
Average Annual Percent Change by Decade
Real Total Industry Earnings Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Eureka County noted in the previous graph with the corresponding decade averages for Nevada and the nation. As the chart reveals, Eureka County's average annual real total industry earnings growth trailed Nevada's average in the 1970s (1.53% vs. 6.77%), topped Nevada's average throughout the 1980s (28.40% vs. 4.48%), posted below Nevada's average during the 1990s (5.42% vs. 7.64%), amounted to less than Nevada's average in the 2000s (0.96% vs. 2.13%), lagged Nevada's average throughout the 2010s (1.16% vs. 2.89%), and trailed Nevada's average over the 3 year period of the current decade, 2020-2022 (-2.48% vs. 3.42%).
Finally, relative to nationwide real total industry earnings growth trends, Eureka County lagged the nation over the 1970s (1.53% vs. 3.13%), topped the nation during the 1980s (28.40% vs. 2.62%), surpassed the nation during the 1990s (5.42% vs. 3.43%), trailed the nation over the 2000s (0.96% vs. 1.47%), fell below the nation in the 2010s (1.16% vs. 2.53%), and posted below the nation over 2020-2022 (-2.48% vs. 1.48%).
   
 
Real* Total Industry Earnings Growth:
Average Annual Percent Change
 
 
 
6.93
1.53
28.40
5.42
0.96
1.16
-2.48
-0.06
 
4.71
6.77
4.48
7.64
2.13
2.89
3.42
4.35
 
2.57
3.13
2.62
3.43
1.47
2.53
1.48
0.05
 
   
Page 9 of 13

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Eureka County:
Total Industry Earnings, 1969-2022
 
1969
 
6,253
0.189
33,114
100.0
N
0.32
1970
 
5,156
0.198
26,085
78.8
-21.23
0.24
1971
 
5,363
0.206
26,028
78.6
-0.22
0.22
1972
 
6,166
0.213
28,937
87.4
11.18
0.23
1973
 
6,630
0.225
29,526
89.2
2.03
0.22
1974
 
6,197
0.248
24,995
75.5
-15.35
0.19
1975
 
6,740
0.269
25,093
75.8
0.39
0.18
1976
 
7,535
0.283
26,594
80.3
5.98
0.18
1977
 
8,585
0.302
28,450
85.9
6.98
0.17
1978
 
10,181
0.323
31,544
95.3
10.87
0.17
1979
 
12,713
0.351
36,175
109.2
14.68
0.18
1980
 
14,967
0.389
38,448
116.1
6.28
0.19
1981
 
16,717
0.424
39,413
119.0
2.51
0.19
1982
 
15,942
0.448
35,608
107.5
-9.65
0.17
1983
 
18,071
0.467
38,716
116.9
8.73
0.19
1984
 
22,298
0.484
46,033
139.0
18.90
0.21
1985
 
33,970
0.501
67,767
204.6
47.21
0.30
1986
 
37,466
0.512
73,149
220.9
7.94
0.30
1987
 
53,834
0.528
101,954
307.9
39.38
0.39
1988
 
135,703
0.549
247,340
746.9
142.60
0.86
1989
 
170,120
0.573
297,096
897.2
20.12
0.97
1990
 
192,663
0.598
322,314
973.3
8.49
0.98
1991
 
198,824
0.618
321,857
972.0
-0.14
0.94
1992
 
228,380
0.634
360,107
1,087.5
11.88
0.98
1993
 
257,851
0.650
396,694
1,197.9
10.16
1.02
1994
 
303,661
0.664
457,624
1,381.9
15.36
1.08
1995
 
287,973
0.678
425,027
1,283.5
-7.12
0.94
1996
 
320,404
0.692
462,991
1,398.2
8.93
0.94
1997
 
330,207
0.704
468,997
1,416.3
1.30
0.89
1998
 
356,557
0.710
502,426
1,517.2
7.13
0.85
1999
 
355,207
0.720
493,336
1,489.8
-1.81
0.77
2000
 
381,820
0.738
517,217
1,561.9
4.84
0.77
2001
 
282,571
0.753
375,250
1,133.2
-27.45
0.54
2002
 
276,604
0.763
362,564
1,094.9
-3.38
0.51
2003
 
282,142
0.779
362,213
1,093.8
-0.10
0.50
2004
 
299,017
0.798
374,581
1,131.2
3.41
0.48
2005
 
310,362
0.821
377,905
1,141.2
0.89
0.44
2006
 
381,572
0.844
451,885
1,364.6
19.58
0.50
2007
 
454,059
0.866
524,275
1,583.2
16.02
0.59
2008
 
431,394
0.892
483,788
1,461.0
-7.72
0.58
2009
 
445,233
0.889
500,706
1,512.0
3.50
0.65
2010
 
442,569
0.905
488,951
1,476.5
-2.35
0.62
2011
 
464,063
0.928
500,046
1,510.1
2.27
0.64
2012
 
491,305
0.945
519,712
1,569.4
3.93
0.66
2013
 
512,230
0.958
534,793
1,615.0
2.90
0.68
2014
 
490,414
0.971
504,952
1,524.9
-5.58
0.62
2015
 
521,196
0.973
535,664
1,617.6
6.08
0.62
2016
 
527,459
0.983
536,668
1,620.6
0.19
0.61
2017
 
545,638
1.000
545,638
1,647.7
1.67
0.59
2018
 
563,325
1.020
552,025
1,667.0
1.17
0.57
2019
 
578,727
1.035
559,086
1,688.3
1.28
0.54
2020
 
569,845
1.046
544,603
1,644.6
-2.59
0.55
2021
 
565,182
1.090
518,511
1,565.8
-4.79
0.48
2022
 
601,332
1.160
518,198
1,564.9
-0.06
0.46
Source: Calculations by the Nevada Regional Economic Analysis Project (NV-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1200_PSN
 
   
Page 10 of 13

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Nevada:
Total Industry Earnings, 1969-2022
 
1969
 
1,956,307
0.189
10,360,149
100.0
N
0.30
1970
 
2,168,765
0.198
10,972,200
105.9
5.91
0.31
1971
 
2,400,965
0.206
11,652,342
112.5
6.20
0.32
1972
 
2,676,619
0.213
12,561,568
121.2
7.80
0.33
1973
 
3,065,689
0.225
13,652,590
131.8
8.69
0.33
1974
 
3,335,176
0.248
13,452,087
129.8
-1.47
0.34
1975
 
3,679,056
0.269
13,697,156
132.2
1.82
0.35
1976
 
4,214,075
0.283
14,873,381
143.6
8.59
0.36
1977
 
4,936,247
0.302
16,358,189
157.9
9.98
0.38
1978
 
6,017,153
0.323
18,642,809
179.9
13.97
0.41
1979
 
6,959,207
0.351
19,802,541
191.1
6.22
0.42
1980
 
7,933,570
0.389
20,380,112
196.7
2.92
0.44
1981
 
8,856,709
0.424
20,881,077
201.6
2.46
0.45
1982
 
9,148,458
0.448
20,433,892
197.2
-2.14
0.45
1983
 
9,682,670
0.467
20,744,430
200.2
1.52
0.44
1984
 
10,549,369
0.484
21,778,668
210.2
4.99
0.43
1985
 
11,380,848
0.501
22,703,575
219.1
4.25
0.44
1986
 
12,311,330
0.512
24,036,647
232.0
5.87
0.44
1987
 
13,649,066
0.528
25,849,525
249.5
7.54
0.46
1988
 
15,701,386
0.549
28,618,219
276.2
10.71
0.48
1989
 
17,485,134
0.573
30,535,852
294.7
6.70
0.50
1990
 
19,675,098
0.598
32,915,262
317.7
7.79
0.53
1991
 
21,184,739
0.618
34,293,941
331.0
4.19
0.56
1992
 
23,352,868
0.634
36,822,561
355.4
7.37
0.58
1993
 
25,382,517
0.650
39,050,026
376.9
6.05
0.60
1994
 
28,073,289
0.664
42,307,085
408.4
8.34
0.63
1995
 
30,738,496
0.678
45,367,795
437.9
7.23
0.66
1996
 
34,016,971
0.692
49,155,342
474.5
8.35
0.69
1997
 
37,228,162
0.704
52,875,654
510.4
7.57
0.70
1998
 
41,805,772
0.710
58,908,749
568.6
11.41
0.73
1999
 
45,862,373
0.720
63,696,856
614.8
8.13
0.75
2000
 
49,672,836
0.738
67,287,307
649.5
5.64
0.75
2001
 
52,541,924
0.753
69,774,938
673.5
3.70
0.77
2002
 
53,821,316
0.763
70,547,399
680.9
1.11
0.77
2003
 
56,630,044
0.779
72,701,420
701.7
3.05
0.78
2004
 
62,854,674
0.798
78,738,615
760.0
8.30
0.82
2005
 
69,767,266
0.821
84,950,462
820.0
7.89
0.87
2006
 
75,563,080
0.844
89,487,305
863.8
5.34
0.89
2007
 
77,588,396
0.866
89,586,749
864.7
0.11
0.88
2008
 
73,779,720
0.892
82,740,518
798.6
-7.64
0.82
2009
 
68,985,171
0.889
77,580,291
748.8
-6.24
0.79
2010
 
71,328,708
0.905
78,804,061
760.6
1.58
0.79
2011
 
72,772,816
0.928
78,415,603
756.9
-0.49
0.77
2012
 
73,886,382
0.945
78,158,527
754.4
-0.33
0.75
2013
 
75,805,403
0.958
79,144,510
763.9
1.26
0.74
2014
 
78,967,964
0.971
81,308,846
784.8
2.73
0.74
2015
 
84,114,412
0.973
86,449,411
834.4
6.32
0.76
2016
 
86,839,579
0.983
88,355,764
852.8
2.21
0.77
2017
 
92,742,368
1.000
92,742,368
895.2
4.96
0.78
2018
 
99,135,243
1.020
97,146,651
937.7
4.75
0.80
2019
 
106,496,996
1.035
102,882,726
993.1
5.90
0.82
2020
 
103,872,203
1.046
99,270,992
958.2
-3.51
0.79
2021
 
118,415,231
1.090
108,636,830
1,048.6
9.43
0.83
2022
 
131,549,693
1.160
113,362,885
1,094.2
4.35
0.87
Source: Calculations by the Nevada Regional Economic Analysis Project (NV-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1200_PSN
 
   
Page 11 of 13

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
United States:
Total Industry Earnings, 1969-2022
 
1969
 
653,665,000
0.189
3,461,658,635
100.0
N
1970
 
693,352,000
0.198
3,507,801,275
101.3
1.33
1971
 
742,094,000
0.206
3,601,523,902
104.0
2.67
1972
 
819,646,000
0.213
3,846,658,532
111.1
6.81
1973
 
918,964,000
0.225
4,092,469,383
118.2
6.39
1974
 
993,909,000
0.248
4,008,829,105
115.8
-2.04
1975
 
1,059,492,000
0.269
3,944,497,394
113.9
-1.60
1976
 
1,173,271,000
0.283
4,141,005,188
119.6
4.98
1977
 
1,303,767,000
0.302
4,320,542,816
124.8
4.34
1978
 
1,476,080,000
0.323
4,573,305,242
132.1
5.85
1979
 
1,648,363,000
0.351
4,690,444,754
135.5
2.56
1980
 
1,784,597,000
0.389
4,584,353,165
132.4
-2.26
1981
 
1,961,173,000
0.424
4,623,772,250
133.6
0.86
1982
 
2,053,729,000
0.448
4,587,185,902
132.5
-0.79
1983
 
2,188,018,000
0.467
4,687,672,466
135.4
2.19
1984
 
2,432,402,000
0.484
5,021,577,654
145.1
7.12
1985
 
2,615,791,000
0.501
5,218,223,348
150.7
3.92
1986
 
2,786,901,000
0.512
5,441,146,840
157.2
4.27
1987
 
2,996,000,000
0.528
5,674,027,499
163.9
4.28
1988
 
3,259,979,000
0.549
5,941,819,010
171.6
4.72
1989
 
3,467,027,000
0.573
6,054,778,994
174.9
1.90
1990
 
3,679,460,000
0.598
6,155,516,520
177.8
1.66
1991
 
3,789,428,000
0.618
6,134,341,309
177.2
-0.34
1992
 
4,059,023,000
0.634
6,400,225,481
184.9
4.33
1993
 
4,237,437,000
0.650
6,519,133,846
188.3
1.86
1994
 
4,456,948,000
0.664
6,716,721,924
194.0
3.03
1995
 
4,674,849,000
0.678
6,899,738,761
199.3
2.72
1996
 
4,956,180,000
0.692
7,161,799,344
206.9
3.80
1997
 
5,288,047,000
0.704
7,510,683,597
217.0
4.87
1998
 
5,707,014,000
0.710
8,041,785,619
232.3
7.07
1999
 
6,098,042,000
0.720
8,469,385,147
244.7
5.32
2000
 
6,598,743,000
0.738
8,938,721,519
258.2
5.54
2001
 
6,865,291,000
0.753
9,117,010,172
263.4
1.99
2002
 
7,001,002,000
0.763
9,176,707,606
265.1
0.65
2003
 
7,243,377,000
0.779
9,299,017,896
268.6
1.33
2004
 
7,674,785,000
0.798
9,614,272,113
277.7
3.39
2005
 
8,039,238,000
0.821
9,788,788,097
282.8
1.82
2006
 
8,519,349,000
0.844
10,089,233,775
291.5
3.07
2007
 
8,866,261,000
0.866
10,237,349,175
295.7
1.47
2008
 
9,014,085,000
0.892
10,108,876,304
292.0
-1.25
2009
 
8,688,913,000
0.889
9,771,497,172
282.3
-3.34
2010
 
9,023,916,000
0.905
9,969,635,637
288.0
2.03
2011
 
9,444,387,000
0.928
10,176,702,513
294.0
2.08
2012
 
9,854,834,000
0.945
10,424,645,101
301.1
2.44
2013
 
10,180,570,000
0.958
10,629,007,841
307.0
1.96
2014
 
10,613,874,000
0.971
10,928,505,678
315.7
2.82
2015
 
11,039,821,000
0.973
11,346,284,134
327.8
3.82
2016
 
11,311,477,000
0.983
11,508,970,941
332.5
1.43
2017
 
11,848,205,000
1.000
11,848,205,000
342.3
2.95
2018
 
12,438,590,000
1.020
12,189,079,542
352.1
2.88
2019
 
12,989,097,000
1.035
12,548,276,062
362.5
2.95
2020
 
13,158,025,000
1.046
12,575,166,053
363.3
0.21
2021
 
14,278,043,000
1.090
13,099,001,844
378.4
4.17
2022
 
15,207,952,000
1.160
13,105,445,395
378.6
0.05
Source: Calculations by the Nevada Regional Economic Analysis Project (NV-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1200_PN
 
   
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