John Irons's Blog

Icon

Economic News, Data and Analysis

Typical families see income and earnings decline

Quick snapshot posted over at EPI using data from last week’s census report.

Typical families see income and earnings decline

American families today are increasingly feeling the pinch of higher energy prices, housing market uncertainty, and growing health care costs. Historically, typical families could expect to see annual increases in their earnings to help cope with financial challenges, improve their standard of living, or just save for a rainy day. These expectations of economic progress are no longer being met.

IncomeEarnings.gif

Advertisements

Filed under: Uncategorized

Leave a Reply

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

WordPress.com Logo

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

Twitter picture

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

Facebook photo

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

Google+ photo

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

Connecting to %s

Pages

Archives

%d bloggers like this: