New England Survey of Environmental Horticulture 2006

2005 Survey Income


Table 1.  State survey incomes.  Incomes by state (reported on first line of each state, expanded on state total lines), state percent of region total, and expansion factors (below state names), by state and income category ($millions). State reported incomes were expanded by values in left column, unless noted otherwise in category columns (for instance, $131.580 for CT was multiplied by 1.5 and 2.2) and rounded. Expansion factors in left columns were determined from return data. Other factors if different determined through comparison with a random sampling of specific 2002 respondents in the $1-10million range. Values also determined as percent increase over previous income.

State

<$1

$1-10

> $10

Total 2004 (% of region)

Total 2001 (% of region)

change '01-'04

Connecticut

26.076

131.580

63.804

     

response: 10.3

x

x 1.5

       

state: 2.2

x

x

       

total

591

434

64

1089 (23%)

949 (23%)

+15%

             

Maine

16.977

42.559

10

     

response: 5.7

x

x 1.5

       

state: 1.9

x

x

       

total

184

121

10

315 (7%)

286 (7%)

+10%

             

Massachusetts

49.549

108.768

48.8

     

response: 10.4

x

x 5.2

       

state: 2.0

x

x

 

 

   

total

1031

1131

49

2211 (48%)

1,806 (46%)

+22%

             

New Hampshire

15.708

25.106

10

     

response: 6.6

x

x

       

state: 1.9

x

x

       

total

197

315

10

522 (11%)

438 (11%)

+19%

             

Rhode Island

5.522

14.703

0

     

response: 12.3

x

x

       

state: 1.9

x

         

total

129

181

0

310 (7%)

329 (8%)

-6%

             

Vermont

13.540

16.6

10

     

response: 3.9

x

x

       

state: 2.0

x

         

total

106

65

10

181 (4%)

186 (5%)

-3%

             

Region Total

     

4,621

4,042

+14%

Note:  Numbers for Hew Hampshire, Rhode Island and Vermont may be low due to either no or underreporting by large firms.

 

Table 2.  Housing census trend data. This industry and its performance is often related to the housing industry, with figures for new housing starts (www.census.gov/const/www/C40/table2.html#annual).

  New privately owned housing units
  2001 2004 change
Connecticut 9,290 11,837 +27.4%
Maine 6,492 8,771 +36.8%
Massachusetts 17,034 22,477 +31.9%
New Hampshire 6,624 8,653 +30.6%
Rhode Island 2,407 2,532 +5.2%
Vermont 2,747 3,588 +30.6%
Region 44,594 57,858 +29.7%

 

Table 3. Per capita income (Bureau of Economic Analysis, www.bea.gov/bea/regional/spi/drill.cfm) for states and the New England region (thousands of dollars, $000).

  2001 2004 change
Connecticut 42.9 45.5 +6.0%
Maine 27.3 30.0 +9.9%
Massachusetts 38.9 42.1 +8.2%
New Hampshire 33.9 36.7 +8.3%
Rhode Island 30.7 34.2 +11.4%
Vermont 28.9 31.7 +9.7%
Region 37.3 40.3 +8.0%

Two of three other expenditures which may compete with consumer purchases in this industry increased between 2000 and 2003 for the Northeast. Per capita, food purchased away from home increased from $2175 in 2000 to $2424 in 2003, or a increase of 11%. Per capita money spent on household furnishings and equipment dropped from $1540 in 2000 to $1452 in 2003, or a decrease of 5%. Per capita money spent on entertainment increased from $1915 in 2000 to $2117 in 2003, or an increase of 11%. (Bureau of Labor Statistics, stats.bls.gov/cex/home.htm#data)

As in the previous survey in 2003, it appears overall income in this industry is more closely aligned with per capita income, and money spent on entertainment, (plus food purchased away from home in this most recent period), than on the housing industry and money spent on households. Certain segments of the industry however, such as landscaping, may be more closely aligned with indicators such as of the housing industry.


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