Chart of the day

Posted: 29 March 2013 in Uncategorized
Tags: , , ,

median income

In the United States, median annual household income in February 2013 was $51,404, about 1.1 percent (or $590) lower than the January 2013 level of $51,994.

As Catherine Rampell explains,

February’s median annual household income was 5.6 percent lower than it was in June 2009, the month the recovery technically began; 7.3 percent lower than in December 2007, when the most recent recession officially started; and 8.4 percent lower than in January 2000, the earliest date that this statistical series became available.

And we call this a recovery and not the Second Great Depression why?

  1. […] median household incomes in the United States have fallen since the economic recovery began (down almost 6 percent […]

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s