Transfer Payments (SA35): States and Regions in the U.S., 1948-1997

<p>Transfer payments are payments to persons for which they do not render services in the current period. As a component of personal income, they are payments by government and business to individuals and nonprofit institutions. Although most of transfer payments are made in cash, they also include medicare, medicaid, and food stamps. At the State level, approximately 90 percent of total transfer payments are estimated on the basis of directly reported data. The remaining 10 percent are estimated on the basis of indirect, but generally reliable, data. On Table SA35, payments to individuals are divided into several groups with program detail for some of the groups. The groups are retirement and disability insurance benefit payments, medical payments, income maintenance benefit payments, unemployment insurance benefit payments, veterans benefit payments, federal education and training assistance payments (other than for veterans), other government payments, and payments by business. Payments to nonprofit institutions are divided into federal government payments, State and local government payments, and business payments (corporate gifts).</p>