Pennsylvania

Scott D. Watkins and Patrick Anderson
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Scott D. Watkins: Anderson Economic Group, LLC

A chapter in The State Economic Handbook 2008 Edition, 2007, pp 190-194 from Palgrave Macmillan

Abstract: Abstract Demographics and Socioeconomics. Pennsylvania, located in the Mid-Atlantic region of the United States, has a population of 12.0 million people, making it the sixth most populous state in 2005. The state’s population decreased by 301,907 people from 2000 to 2005, but is projected to increase to 12.8 million by 2025. This 0.3 percent projected annual growth rate compares to the projected national average of 1.0 percent. The state’s 2005 per capita personal income of $34,848 was the eighteenth highest in the United States, some $353 above the national average. Per capita income in Pennsylvania grew at an average annual rate of 3.3 percent from 2000 to 2005, compared to 2.9 percent nationally.

Keywords: National Average; Capita Income; Annual Growth Rate; Average Annual Rate; Business Climate (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230607248_39

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