User:Mcnabber091/sandbox/Economic summary of Pennslyvania
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Economic Summary of Pennsylvania
[edit]The GDP for Pennsylvania was $600 billion in 2012[1]. Pennsylvania had an estimated population of 12.763 million in 2012[2]. The GDP per capita of Pennsylvania was $40,063 in 2012[3].
Counties
[edit]There are 67 counties in Pennsylvania[4]. Below are the top ten localities ranked by population 2010
Rank | Locality | Population 2010 |
---|---|---|
1 | Philadephia | 1,526,006 |
2 | Allegheny | 1,223,348 |
3 | Montgomery | 799,874 |
4 | Bucks | 625,249 |
5 | Delaware | 558,979 |
6 | Lancaster | 519,445 |
7 | Chester | 498,886 |
8 | York | 434,972 |
9 | Berks | 411,442 |
10 | Westmorland | 365,169 |
Cities
[edit]Top 10 cities in Pennsylvania by estimated city proper population in 2010[5]
Rank | City | Locality | Population 2010 |
---|---|---|---|
1 | Philadelphia | 1,526,006 | |
2 | Pittsburgh | 305,704 | |
3 | Allentown | 118,032 | |
4 | Erie | 101,786 | |
5 | Reading | 88,082 | |
6 | Scranton | 76,089 | |
7 | Bethlehem | 74,982 | |
8 | Lancaster | 59,322 | |
9 | Levittown | 52,983 | |
10 | Harrisburg | 49,528 |
Industries
[edit]Pennsylvania industries by GDP 2012.[6]
Industry | GDP value added $ billions 2012 | % of total GDP |
---|---|---|
Real estate and rental leasing | 72.05 | 11.99% |
Health care and social assistance | 60.66 | 10.09% |
Government | 57.69 | 9.60% |
Finance and insurance | 46.01 | 7.66% |
Professional, scientific, and technical services | 47.68 | 7.93 |
Durable manufacturing | 38.48 | 6.40% |
Wholesale trade | 35.96 | 5.98% |
Retail trade | 34.39 | 5.82% |
Non-durable manufacturing | 32.16 | 5.35% |
Information | 24.38 | 4.06% |
Construction | 21.02 | 3.50% |
Management of companies and enterprises | 20.50 | 3.41% |
Transportation and warehousing | 18.43 | 3.07% |
Administrative and waste support services | 15.35 | 2.55% |
Mining | 9.28 | 2.54% |
Accommodation and food services | 15.05 | 2.50% |
Other private services | 14.97 | 2.49% |
Educational services | 13.52 | 2.25% |
Utilities | 12.98 | 2.16% |
Arts, entertainment, and recreation | 7.03 | 1.17% |
Agriculture, forestry, fishing and hunting | 3.32 | 0.55% |
Employment
[edit]Pennsylvania employment by industry in June 2013.[7]
Industry | Employment thousands June 2013 | Percent of total employment |
---|---|---|
Education & health services | 1,193.7 | 20.72% |
Trade, transportation and utilities | 1,094.7 | 19.01% |
Professional & business services | 738.1 | 12.82% |
Government | 714.9 | 12.41% |
Manufacturing | 566.8 | 9.84% |
Leisure & hospitality | 533.2 | 9.26% |
Financial activities | 312.4 | 5.42% |
Other services | 259.7 | 4.51% |
Construction | 220.9 | 3.84% |
Information | 89.1 | 1.55% |
Mining and logging | 36.1 | 0.63% |
Total non-farm | 5,759.6 | 100% |
Corporations
[edit]Top 10 based corporations by revenue in 2012[8]
Rank | Corporation | Revenue $ millions 2012 | Profit $ millions 2012 | Assets 2012 | Debt Ratio 2012 | Headquarters | Employees 2012 | Market cap 3/29/12 $ billions | Industry |
---|---|---|---|---|---|---|---|---|---|
1 | AmerisourceBergen | 80,218 | Chesterbrook | ||||||
2 | Comcast | 55,842 | Philadelphia | ||||||
3 | Sunoco | 45,765 | Philadelphia | ||||||
4 | Rite Aid | 25,215 | Camp Hill | ||||||
5 | United States Steel | 19,884 | Pittsburgh | ||||||
6 | PNC Financial Services Group | 15,820 | Pittsburgh | ||||||
7 | PPG Industries | 14,885 | Pittsburgh | ||||||
8 | Aramark | 13,245 | Philadelphia | ||||||
9 | PPL | 12,757 | Allentown | ||||||
10 | H.J. Heinz | 10,707 | Pittsburgh |
Government Finances
[edit]In 2011, the state government of Pennsylvania had total revenue of $91.70 billion. Total expenditures were $90.79 billion.[9]
The total debt outstanding in 2011 was $45.27 billion[10] (7.54% of GDP[11]).
The total cash and security holdings in 2011 was $119 billion[12].
Revenue by Source | $ millions | Percent of revenue |
---|---|---|
Property taxes | 32,352 | 35.28% |
Intergovernmental revenue from Federal Government | 23,842 | 26.00% |
Insurance trust revenue | 20,635 | 22.50% |
Sales and gross receipts | 16,784 | 18.30% |
Charges and miscellaneous general revenue | 13,304 | 14.51% |
Individual income tax | 9,831 | 10.72% |
Other taxes | 2,877 | 3.14% |
Corporate income tax | 1,978 | 2.16% |
Liquor store revenue | 1,571 | 1.71% |
Motor vehicle license | 834 | 0.91% |
Intergovernmental revenue from local governments | 229 | 0.25% |
Utility revenue | 0 | 0% |
Total | 91,705 | 100% |
Expenditure | $ millions | Percent of expenditure |
---|---|---|
Public welfare | 21,629 | 23.82% |
Intergovernmental expenditure | 19,945 | 21.97% |
Insurance trust expenditure | 15,844 | 17.45% |
Libraries | 12,354 | 13.61% |
Education | 9,609 | 10.58% |
Hospitals | 3,076 | 3.39% |
Health | 1,766 | 1.95% |
Highways | 7,095 | 7.81% |
Air transport | 5,287 | 5.82% |
Sea and inland port facilities | 3,712 | 4.09% |
Correction | 1,858 | 2.05% |
Interest on general debt | 1,802 | 1.98% |
Liquor store expenditure | 1,489 | 1.64% |
Other and unallocable | 1,369 | 1.51% |
Financial administration | 1,248 | 1.37% |
Police protection | 841 | 0.93% |
General public buildings | 813 | 0.90% |
Natural resources | 620 | 0.68% |
Judicial and legal | 528 | 0.58% |
Other governmental administration | 328 | 0.36% |
Protective inspection and regulation | 308 | 0.34% |
Parks and recreation | 269 | 0.29% |
Housing and community development | 146 | 0.16% |
Solid waste management | 32 | 0.04% |
Sewerage | 14 | 0.02% |
Employment security administration | 138 | 0.15% |
Veterans' services | 2 | <0.01% |
Fire protection | 0 | 0% |
Miscellaneous commercial activities | 0 | 0% |
Parking facilities | 0 | 0% |
Utility expenditure | 0 | 0% |
Total | 90,791 | 100% |
Financial Institutions
[edit]Top ten banks by assets in Pennsylvania.[13]
Rank | Bank | Assets $ millions 3/31/13 | Profit $ millions _____ | Headquarters | Employees |
---|---|---|---|---|---|
1 | PNC Financial Services | 300,945 | Pittsburgh | ||
2 | |||||
3 | |||||
4 | |||||
5 | |||||
6 | |||||
7 | |||||
8 | |||||
9 | |||||
10 |
References
[edit]- ^ http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm
- ^ http://www.census.gov/popest/data/state/totals/2012/index.html
- ^ http://bber.unm.edu/econ/st-gdp5.htm
- ^ http://www.pennsylvania-demographics.com/counties_by_population
- ^ http://www.pennsylvania-demographics.com/cities_by_population
- ^ http://www.bea.gov/iTable/iTable.cfm?reqid=70&step=1&isuri=1&acrdn=1#reqid=70&step=10&isuri=1&7007=2012&7036=-1&7090=70&7035=-1&7006=42000&7001=1200&7002=1&7003=200&7004=NAI
- ^ http://www.bls.gov/eag/home.htm
- ^ http://money.cnn.com/magazines/fortune/fortune500/2012/states/CA.html
- ^ http://www.census.gov/govs/local/
- ^ http://www.census.gov/govs/local/
- ^ http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm
- ^ http://www.census.gov/govs/local/
- ^ http://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx