Monday, February 29, 2016

Median Household Income Chart

I have written many blog posts concerning the worrisome trends in income and earnings.
Doug Short, in his February 29, 2016 post titled “December Median Household Income at a New Post-Recession High” produced the chart below.  It is based upon data from Sentier Research, and it shows both nominal and real median household incomes since 2000, as depicted.  As one can see, post-recession real median household income (seen in the blue line since 2009) is especially worrisome.
(click on chart to enlarge image)
median household income
As Doug mentions in his aforementioned post:
As the excellent data from Sentier Research makes clear, the mainstream U.S. household was struggling before the Great Recession. At this point, real household incomes are about where they were during the middle of the Great Recession.
Among other items seen in his blog post is a chart depicting each of the two (nominal and real household incomes) data series’ percent change over time since 2000.
The Special Note summarizes my overall thoughts about our economic situation
SPX at 1952.88 as this post is written

No comments:

Post a Comment