Other pages about the topic: Forecasting & Research
Inflation-adjusted to 2017 dollars
Median Household Income Estimates by County: 1989 to 2017 and Projection for 2018
This file contains long-term population, resident civilian labor force, employment and personal income projections for Washington state. In contrast to the short-term economic forecasts that focus on assessing business cycle conditions, long-term projections examine demographic trends, structural changes in industries, changes in production factors such as labor supply and capital investment and technology/productivity advances. Data are now forecast to 2040.
What is inflation?
Inflation has been defined as a process of continuously rising prices, or equivalently, of a continuously falling value of money. In other words, inflation causes the buying power of a dollar to decrease over time. A 15 cent hamburger in 1966 seems to us a lot cheaper than the 79-cent hamburger of today. But when the price of that 1966 burger is adjusted for inflation, the price is comparable.
(Males Ages 18-39)
State-Supported Nursing Home and Home & Community Services Caseloads