Almighty Dollar

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Posts tagged household income

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Rethinking “The recession is over.”

quotingthecrisis:

“Between June 2009, when the recession officially ended, and June 2011, inflation-adjusted median household income fell 6.7 percent, to $49,909, according to a study by two former Census Bureau officials. During the recession — from December 2007 to June 2009 — household income fell 3.2 percent.”

Robert Pear in Recession Officially Over, U.S. Incomes Kept Falling - NYTimes.com

Filed under economy recession household income falling incomes