U.S. County Spending Power Forecast-Worcester County, Massachusetts
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Release date
45047
Region
U.S. County-Worcester County, Massachusetts
Notes
Data from 2017-2020 is historical data, 2021-2024 are forecasts. Spending Power forecasts are based on the most current GDP outlooks and do not account for unpredictable future declines (recessions, natural disasters, wars, etc.).
Page organization
SPENDING POWER ($Mill.)
Sources
Methodology
Spending Power Forecasts are the aggregate consumer income of all adults (16 and over) in the region and based primarily on U.S. Census historical data. Consumer income is monie received on a regular basis (exclusive of certain money receipts such as capital gains) before payments for personal income taxes, social security, union dues, medicare deductions, etc. Therefore, money income does not reflect the fact that some families receive part of their income in the form of noncash benefits, such as food stamps, health benefits, subsidized housing, and goods produced and consumed on the farm. Forecasts are based on 1) U.S. Census population by age group, and 2) U.S. Census income by income group.
Copyright
© USForecastStats.com 2023
Additional Data
Additional forecast data (2024-2029 CAGR) is available in Excel format for an additional fee beyond subscriptions fees as custom projects. Additional data on industries and products are available as custom projects. Please contact info@wharrysharpe.com for fees. Include the industry/product you need.
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U.S. County Spending Power Forecast-Worcester County, Massachusetts
The Aggregate Spending Power in Worcester County, Massachusetts is forecast to see sales of $21,327.5 million in 2023.
NAICS Definition
N/A
| Chart Title | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Page Organization | Release Date | Region | Text | Notes | Methodology | Copyright | Source | Additional Data | Subscriber Access | Filename | NAICS Definition |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S. County Spending Power Forecast-Worcester County, Massachusetts | 17617.537 | 18279.284 | 18881.38 | 19508.57 | 20169.320110944 | 20662.982639184 | 21327.477804151 | 22000.764289366 | SPENDING POWER ($Mill.) | 45047 | U.S. County-Worcester County, Massachusetts | The Aggregate Spending Power in Worcester County, Massachusetts is forecast to see sales of $21,327.5 million in 2023. | Data from 2017-2020 is historical data, 2021-2024 are forecasts. Spending Power forecasts are based on the most current GDP outlooks and do not account for unpredictable future declines (recessions, natural disasters, wars, etc.). | Spending Power Forecasts are the aggregate consumer income of all adults (16 and over) in the region and based primarily on U.S. Census historical data. Consumer income is monie received on a regular basis (exclusive of certain money receipts such as capital gains) before payments for personal income taxes, social security, union dues, medicare deductions, etc. Therefore, money income does not reflect the fact that some families receive part of their income in the form of noncash benefits, such as food stamps, health benefits, subsidized housing, and goods produced and consumed on the farm. Forecasts are based on 1) U.S. Census population by age group, and 2) U.S. Census income by income group. | © USForecastStats.com 2023 | © USForecastStats.com 2023 | Additional forecast data (2024-2029 CAGR) is available in Excel format for an additional fee beyond subscriptions fees as custom projects. Additional data on industries and products are available as custom projects. Please contact info@wharrysharpe.com for fees. Include the industry/product you need. | Subscription | Subscription |