Growth Allowance Index
When new legislation passes, PSBA is seen as the leader in analyzing it and helping members make sense of it.
| Growth Allowance Index | |
October 2007 |
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Historical Index |
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SS Act 1 of 2006 |
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Statewide Avg Weekly Wage |
Employment Cost Index* |
SAWW % Increase |
ECI % Increase |
Base Index |
For use in school year: |
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| 2008-09 | $788.47 |
105.0 |
4.3% |
4.5% |
4.4% |
2007-08 |
$756.18 |
100.5 |
2.8% |
4.0% |
3.4% |
2006-07 |
$735.29 |
96.6 |
n/a |
n/a |
n/a |
Rebased ECI July2006 |
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2006-07 |
$735.29 |
170.3 |
4.2% |
3.5% |
3.9% |
Original ECI July 2005 |
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2005-06 |
$705.81 |
164.6 |
3.3% |
2.9% |
3.1% |
2004-05 |
$683.37 |
160.0 |
2.3% |
4.2% |
3.3% |
2003-04 |
$668.04 |
153.6 |
2.7% |
3.1% |
2.9% |
2002-03 |
$650.17 |
149.0 |
4.0% |
3.0% |
3.5% |
2001-02 |
$625.24 |
144.7 |
3.6% |
3.4% |
3.5% |
Statewide average weekly wage (SAWW) data from state Dept. of Labor & Industry
Employment cost index (ECI) data from federal Bureau of Labor Statistics
*ECI data changed: base year changed to Dec. 2005; also, new industry classification system used
