what does income distribution mean site:www.bea.gov - Search
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  2. In economics, income distribution covers how a country's total GDP is distributed amongst its population. Economic theory and economic policy have long seen income and its distribution as a central concern.

    en.wikipedia.org/wiki/Income_distribution
    Income distribution proves to be the way that a country’s entire gross domestic product is actually shared out among all members of the population. This has long been a main concern of the study of economics and related governmental economic policies.
    www.financial-dictionary.info/terms/income-distribut…
    income distribution the share out of NATIONAL INCOME between the various FACTOR INPUTS (FUNCTIONAL DISTRIBUTION OF INCOME) or between factor input suppliers and other recipients (PERSONAL DISTRIBUTION OF INCOME).
    financial-dictionary.thefreedictionary.com/income+d…
    Income distribution is the smoothness or equality with which income is dealt out among members of a society. If everyone earns exactly the same amount of money, then the income distribution is perfectly equal. If no one earns any money except for one person, who earns all of the money, then the income distribution is perfectly unequal.
    www.sparknotes.com/economics/micro/incomedistr…

    Income distribution looks at how much different socioeconomic groups in a country earn. In other words, income distribution refers to the equality or smoothness with which people’s incomes are distributed. Income distribution tells us much more about a country’s economy and its wage patterns than average income does.

    marketbusinessnews.com/financial-glossary/incom…
     
  3. People also ask
    How are state income distribution statistics calculated?Like the national prototype statistics, the state income distribution statistics were estimated by combining BEA personal income data with other data that are publicly available, including demographic surveys and aggregated tax information.
    How is state personal income distributed?In addition, the distribution of state personal income is broken down by income components, including compensation, dividends and interest income, and government benefits.
    How do I submit a comment on state income distribution?Submit comments to [email protected]. Statistics for every state and the District of Columbia were added today to BEA’s prototype statistics on the distribution of U.S. personal income. This provides a new tool for assessing how households share in each state’s economic growth.
    When was the state distribution of personal income added?State distribution of personal income added in October 2023. Interactive data tables for the national statistics added in December 2023. The December 2023 distribution of personal income release adds full data for 2021 and provisional data for 2022. Estimates for 2021 are available as a separate file, consistent with previous releases.
     
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