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Oil, gas boom lifts U.S. personal income overall

Asbury Park Press -- The nation’s oil and gas boom is driving up income so fast in a few hundred small towns and rural areas that the entire USA is floating upward because of it, a USA Today analysis of new government data shows.

The 261 million people who live in cities and suburbs still haven’t recovered earning power lost in the economic downturn. Average income per person fell 3.5 percent in metropolitan areas between 2007 and 2011 after adjusting for inflation, according to data released Monday by the federal Bureau of Economic Analysis.

By contrast, small-town America is better off than before: Inflation-adjusted income is up 3.8 percent per person since 2007 for the 51 million in small cities, towns and rural areas.

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Submitted Nov 27, 2012 By: BurntOrange

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honda0105 Champion Author Tallahassee Posts:18,580 Points:1,605,520 Joined:Nov 2008	Message Posted: Dec 1, 2012 8:24:07 AM Ignore honda0105 Report Abuse not sure where they get the figures from, I haven't gotten any "better off than before" and I live in a rural/small town area.
Wizrd03 Champion Author Illinois Posts:8,132 Points:1,628,335 Joined:Oct 2008	Message Posted: Nov 28, 2012 7:46:37 AM Ignore Wizrd03 Report Abuse Figures lie & liars figure
SkooterG Champion Author Phoenix Posts:1,359 Points:327,085 Joined:May 2012	Message Posted: Nov 28, 2012 3:02:29 AM Ignore SkooterG Report Abuse Big deal. Most still aren't feeling it.
bston Champion Author Oklahoma City Posts:1,800 Points:638,275 Joined:Mar 2011	Message Posted: Nov 28, 2012 1:22:29 AM Ignore bston Report Abuse Don't know that I quite believe the government data.
defiancegasman Champion Author Ohio Posts:7,075 Points:1,322,185 Joined:May 2006	Message Posted: Nov 28, 2012 12:12:36 AM Ignore defiancegasman Report Abuse Just as long as it is the INCOME of MILLIONS OF WORKERS that went up 4% instead of just the income of the TOP 2% going up 50%!! That has been the problem for the last 10 yrs!!
JoeKR Champion Author New Jersey Posts:9,453 Points:1,741,970 Joined:Feb 2006	Message Posted: Nov 28, 2012 12:11:50 AM Ignore JoeKR Report Abuse Big business is still holding back on hiring - that's trickle down - it doesn't happen until the rich have gotten richer first.
jkpsr Champion Author New Jersey Posts:4,069 Points:1,099,105 Joined:Jun 2005	Message Posted: Nov 28, 2012 12:08:46 AM Ignore jkpsr Report Abuse Maybe we can depopulate our more overcrowded cities.
VikingWoman Champion Author Washington Posts:1,246 Points:248,640 Joined:May 2012	Message Posted: Nov 28, 2012 12:07:39 AM Ignore VikingWoman Report Abuse My son went to North Dakota and I considered going too. He can make big bucks as a welder or working labor jobs but my 15+ years of customer service office experience will find me a $12 - $15 an hour job and I won't be able to find a place to rent on that income. I might have trouble finding a job with benefits too. I'm currently earning considerably more with excellent benefits. I just don't much care for my working conditions since I never was one to be micro-managed. Teachers are barely making a living wage condsidering the news story I watched. The school districts are buying apartment buildings because the demand for teachers is so high and affordable housing is hard to find. They put 2 teachers in each apartment. That's probably ok if you are married to a teacher but if you have a family it may not be a good fit. Rent is crazy there. My son paid $1400 a month for space rent for his travel trailer. Electric and water were included but camping is all done when winter comes. He left early November because it was just too cold.
pepinoNC Champion Author Raleigh Posts:2,138 Points:655,115 Joined:May 2011	Message Posted: Nov 28, 2012 12:06:48 AM Ignore pepinoNC Report Abuse Everyone I know got raises this year.
ManOfLeisureII Champion Author Philadelphia Posts:1,859 Points:451,225 Joined:Jan 2012	Message Posted: Nov 28, 2012 12:05:00 AM Ignore ManOfLeisureII Report Abuse The opportunity presents itself. But you do have to get off your duff to answer the door bell.
wz Champion Author Twin Cities Posts:2,474 Points:1,274,390 Joined:Feb 2009	Message Posted: Nov 28, 2012 12:03:39 AM Ignore wz Report Abuse A rising tide lifts all boats. Allow one area of the economy to prosper, and the multiplier effect will spread out across the whole country (unless it is taxed away).
DEG Champion Author Las Vegas Posts:17,605 Points:3,491,680 Joined:Jul 2003	Message Posted: Nov 28, 2012 12:02:34 AM Ignore DEG Report Abuse That is a load of crap. I don't see the economy significantly improving in Nevada.
bvrbill Champion Author Eugene Posts:3,193 Points:514,850 Joined:Jul 2011	Message Posted: Nov 28, 2012 12:02:19 AM Ignore bvrbill Report Abuse I wish some of that income increase was coming my way.
andy1024 Champion Author Allentown Posts:1,682 Points:444,250 Joined:Dec 2011	Message Posted: Nov 28, 2012 12:00:04 AM Ignore andy1024 Report Abuse Good news.
gsayeg1 All-Star Author Milwaukee Posts:774 Points:139,040 Joined:Jun 2008	Message Posted: Nov 27, 2012 11:59:03 PM Ignore gsayeg1 Report Abuse hmmmm - does this mean that smallville has another hero?
suzmar Champion Author Texas Posts:2,210 Points:869,225 Joined:Jun 2006	Message Posted: Nov 27, 2012 11:56:44 PM Ignore suzmar Report Abuse Just imagine how much income would be lifted without the oppressive rules of the Obama administration.
vulcan96 Champion Author Ohio Posts:26,879 Points:3,100,750 Joined:Aug 2004	Message Posted: Nov 27, 2012 11:55:34 PM Ignore vulcan96 Report Abuse it will soon take a massive nosedive...
jrsva Champion Author Virginia Posts:9,835 Points:1,609,325 Joined:Jan 2006	Message Posted: Nov 27, 2012 11:54:57 PM Ignore jrsva Report Abuse They’ve drilled and fracked, just waiting for the royalty checks to start coming in....
mstearno Champion Author Dayton Posts:8,048 Points:1,728,210 Joined:Jan 2008	Message Posted: Nov 27, 2012 11:49:55 PM Ignore mstearno Report Abuse is that why the average income is down $4,000 since NOBAMA took office? that's 8% welcome to the new economy called tax the rich and then ask where did all the jobs go? When will we see 500,000 jobs added in one month? all other recessions have a BOOM factor not this one why???? What was his paper on anyways?
g747 Champion Author Mobile Posts:4,521 Points:929,670 Joined:Jul 2009	Message Posted: Nov 27, 2012 11:46:01 PM Ignore g747 Report Abuse We need tax cuts for people who need it period!!!!!.
Dodge_Me Champion Author Atlanta Posts:2,214 Points:553,230 Joined:Mar 2006	Message Posted: Nov 27, 2012 11:40:40 PM Ignore Dodge_Me Report Abuse I can agree with feeling the downturn, still not making near what I was but disagree with when. I saw the changes to my business right after 9/11/01 and have not even begun to come back.
kcboy Champion Author Utah Posts:3,953 Points:1,504,775 Joined:Jun 2005	Message Posted: Nov 27, 2012 11:40:37 PM Ignore kcboy Report Abuse Just drop the price
nwsynthetics Champion Author Oregon Posts:1,014 Points:344,475 Joined:Dec 2011	Message Posted: Nov 27, 2012 11:37:49 PM Ignore nwsynthetics Report Abuse Income increaSE, GAS WILL RISE. lET INCOME RISE AND GAS PRICE FALL.
gd83goldwinger Champion Author South Bend Posts:1,428 Points:501,980 Joined:May 2011	Message Posted: Nov 27, 2012 11:37:43 PM Ignore gd83goldwinger Report Abuse Don't see how were better now. I'm making less do to cut backs and everything else has gone up. So where is my increase of income?????????????
bonzoonfmb Champion Author Florida Posts:1,767 Points:640,910 Joined:Feb 2010	Message Posted: Nov 27, 2012 11:33:53 PM Ignore bonzoonfmb Report Abuse Improvement needs to happen sooner.
mrselfdestruct All-Star Author Arkansas Posts:981 Points:164,875 Joined:Aug 2011	Message Posted: Nov 27, 2012 11:28:56 PM Ignore mrselfdestruct Report Abuse Thought there was no inflation?
drobbbb Champion Author Maryland Posts:3,460 Points:808,460 Joined:Dec 2010	Message Posted: Nov 27, 2012 11:28:07 PM Ignore drobbbb Report Abuse as the economy get better we will all benefit
MINIWINI598 Champion Author Washington Posts:3,002 Points:515,775 Joined:Dec 2011	Message Posted: Nov 27, 2012 11:25:14 PM Ignore MINIWINI598 Report Abuse Interesting
humblepie Champion Author Toledo Posts:34,082 Points:2,368,445 Joined:Mar 2006	Message Posted: Nov 27, 2012 11:20:31 PM Ignore humblepie Report Abuse nice to know i guess
Mr_Bill_W All-Star Author Virginia Posts:566 Points:356,010 Joined:Feb 2012	Message Posted: Nov 27, 2012 11:19:42 PM Ignore Mr_Bill_W Report Abuse Ok
wayoung56 Champion Author Alabama Posts:2,785 Points:815,310 Joined:Oct 2006	Message Posted: Nov 27, 2012 11:17:30 PM Ignore wayoung56 Report Abuse Hmmm...
erikk77 Veteran Author Washington Posts:308 Points:1,155,980 Joined:Aug 2003	Message Posted: Nov 27, 2012 11:14:46 PM Ignore erikk77 Report Abuse Where's the money?
Gas4Gore Champion Author Detroit Posts:2,401 Points:419,875 Joined:Jan 2010	Message Posted: Nov 27, 2012 11:14:00 PM Ignore Gas4Gore Report Abuse Great
goldrose1 Champion Author Cleveland Posts:10,926 Points:1,921,805 Joined:Feb 2005	Message Posted: Nov 27, 2012 11:11:26 PM Ignore goldrose1 Report Abuse Hope it's really helping little guy. Not me.
pgerassi Champion Author Milwaukee Posts:10,882 Points:2,128,750 Joined:Apr 2007	Message Posted: Nov 27, 2012 11:08:06 PM Ignore pgerassi Report Abuse Yes rising slowly beats boom and bust over the long haul.
Lukus Champion Author Halifax Posts:8,268 Points:1,671,605 Joined:Nov 2007	Message Posted: Nov 27, 2012 11:06:26 PM Ignore Lukus Report Abuse Slow and steady is the best way.
serrog Champion Author Nova Scotia Posts:5,549 Points:1,509,205 Joined:Oct 2008	Message Posted: Nov 27, 2012 11:06:23 PM Ignore serrog Report Abuse Clampetts?
WaWanderer Champion Author Washington Posts:4,315 Points:582,800 Joined:Oct 2011	Message Posted: Nov 27, 2012 11:04:52 PM Ignore WaWanderer Report Abuse Did not help me
nimpy Champion Author Indianapolis Posts:8,120 Points:1,698,080 Joined:Oct 2007	Message Posted: Nov 27, 2012 10:57:56 PM Ignore nimpy Report Abuse Yeah and the prices still go up
30mpg80 Champion Author Lexington Posts:9,993 Points:1,484,930 Joined:Nov 2008	Message Posted: Nov 27, 2012 10:57:42 PM Ignore 30mpg80 Report Abuse More money, the average goes up, is this a surprise?
grandamgt1 Champion Author Illinois Posts:2,331 Points:1,237,400 Joined:Apr 2008	Message Posted: Nov 27, 2012 10:56:16 PM Ignore grandamgt1 Report Abuse Not a bad thing.
Darwin00 All-Star Author Mississippi Posts:827 Points:267,095 Joined:Dec 2010	Message Posted: Nov 27, 2012 10:54:21 PM Ignore Darwin00 Report Abuse Good news!
s6sputnik Champion Author Austin Posts:6,209 Points:1,304,395 Joined:Jun 2007	Message Posted: Nov 27, 2012 10:50:49 PM Ignore s6sputnik Report Abuse Good stuff!
CCLighthouse All-Star Author Hartford Posts:988 Points:210,005 Joined:Aug 2012	Message Posted: Nov 27, 2012 10:43:11 PM Ignore CCLighthouse Report Abuse Any increase helps to lift up the total average income.
REKEY Champion Author South Carolina Posts:8,559 Points:1,695,415 Joined:May 2008	Message Posted: Nov 27, 2012 10:42:25 PM Ignore REKEY Report Abuse Not my town!
walkingtall Champion Author Toronto Posts:3,979 Points:1,117,680 Joined:Nov 2004	Message Posted: Nov 27, 2012 10:36:24 PM Ignore walkingtall Report Abuse Tough for all except for one per cent.
abcdMA Champion Author Worcester Posts:7,907 Points:1,571,955 Joined:Nov 2008	Message Posted: Nov 27, 2012 10:34:39 PM Ignore abcdMA Report Abuse these are the 1% now
frostyWV Champion Author West Virginia Posts:2,339 Points:519,235 Joined:May 2011	Message Posted: Nov 27, 2012 10:29:36 PM Ignore frostyWV Report Abuse tough for all except the 1%.
WIWalt Champion Author Wisconsin Posts:1,712 Points:412,715 Joined:Mar 2012	Message Posted: Nov 27, 2012 10:29:32 PM Ignore WIWalt Report Abuse Yah right
luvmyburgi Champion Author Ohio Posts:5,810 Points:956,220 Joined:Sep 2005	Message Posted: Nov 27, 2012 10:23:39 PM Ignore luvmyburgi Report Abuse Not for that many people!