Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-09-14
i. s. WEALTH SEEN
IN INCOME RETURNS

NEW YORK, Sept, Illinois
with $4.962. 700. 900 as the annual ag-
gregate income of its citizens leads
the north-central states, according to
compilations which have been an
nounced at the headquarters Of the
National Bureau Of Economic Re-
search, New York. Illinois receives
z IL per cent Of the nations in
come, a figure which Is exceeded
only by New York and Pennsylvania.
Pennsylvania ranks second with $5,-
9S8 GOO ,0og while New York tops the
list with a littlA more than $9,0o0,-
100000.
These data are taken from ad-
vance sheetf Of a report entitled
Distribution of Income by States"
which will be issued by the National
Bureau of Economic Research this
month. This study, which was pre-
pared by Oswald w. Knauth, sup
plements an exhaustive investigation
of Income in the United States"
upon which the research staff OF
the bureau, under DR.. Wesley &.
Mitchell, has been engaged for more
than a year.
The east-north-central states, Ohio.
Indiana, Illinois, Michigan and Wis
ceonsin. according to the report.
Distribution of Income by States"
had in 1919 total income Of near
ly SIS 200, 0O0, 900, which was % per
cent Of the income Of the entire
country. At the same time their
population was exactly one-fifth OF
the total. AS group, therefore,
their average per capita income OF
y 1854 was somewhat higher than that
Of the whole country, which was
1927, though less than the $7S3 aver
age in the eastern states, and the
:. figure Of $796 enjoyed by the Pacific
states.
The Middle Atlantic states, New
York, New Jersey and Pennsylvania,
taken as a group, have over one
fourth Of the national income, and
with the east-north- central group.
and the New England states have
more than one-half of the total.
=, The balance Of income between
that which is due to agriculture and
to other sources is almost exactly
the same in the east-north- central
states as for the entire country,
about one-sixth. This means that
as a group these states are prac'
tically self-supporting. In contrast,
the eastern states get only one
thirtieth Of their income from agri-
culture, and must therefore depend
upon food supplies brought from the
west. The western states, and most
Of the southern states, get about
one-third of their income from agri-
culture, and must, therefore, ship
food extensively in exchange for
manufactured products.
Detailed figures for the east-north
central states show that while the
aggregate income of Illinois was
about $4,962, O00, 900, or IL per cent
Of the nations income, Ohio came
next with $3,967, 900 900, then Michi.
gan with $2,582 ,000,0 900 and Indiana
and Wisconsin with less than ST..
100000, 900.
The average incomes Of the gain.
fully employed in these states varies
as follows:
Ohio, S1,725.
Indiana, $1,524.
Illinois, $1,SS9.
Michigan, $1,752.
Wisconsin, 81 ,473.
The average income CT farmers in
these states was:
Ohio, S1,S19.
Indiana, $1,834. --
illinois, $2,657.
! Michigan, $3.50.
Wisconsin, $1,S63.
Michigan was accordingly the only
state in which the income Of farm
ers, which includes a re.drn on prop
erty as well as labor, was less than
the average income Of the gainfully
employed.
The highest average income of
farmers is found in California with
s3,4S5, and the lowest in certain
southern and New England states,
where it was less tnan $1,000.
These facts are shown in detail
in the report on "I)stributon Of In.
come by States" which is especially
designed to meet the needs Of many
investigators who are concerned
with the comparative capacity OF
the various states t.I bear increased
taxes, to buy goods M various sorts,
to absorb securities, etc. It also I'M
dertakes to analyze the relative i'm
portance of agriculture in the diff.
ferent sections Of the country.
Income as defined Ill this report
ia the money value Of all the goods
and services produced during the
year. The sources on which the
estimates are based are the income
tax reports, census report is, wages
data, reports of the depal tment of
agriculture and statements Of cor.
porations.