US Household Incomes Rise for 3rd Year Running

US Household Incomes Rise for 3rd Year Running

US Household Incomes Rise for 3rd Year Running The median US household income rose for a 3rd year running in Y 2017 and the poverty rate declined further, government data showed on Wednesday. The Census Bureau says incomes for a typical household, adjusted for inflation, rose 1.8%, from $60,309 in Y 2016 to $61,372. The Census Bureau […]

MAGA Effect:Household Income Spikes

MAGA Effect:Household Income Spikes

MAGA Effect:Household Income Spikes US median household income is at all-time highs US median household income has risen more than 4% since President Donald Trump took office on the overall strong economic growth and robust optimism. Inflation-adjusted median household incomes in July hit $62,450, according to the latest release from Sentier Research. “That’s the highest level […]

Median US Household Wealth Has Declined by 40% since 2007-2008

Median US Household Wealth Has Declined by 40% since 2007-2008

Median US Household Wealth has Declined by 40% since 2007-2008 Nominal US household wealth it has been declared is at an all-time high. But Marc Faber says that’s mostly an illusion. Mr. Faber, the author of The Gloom & Doom Report, looked at the relationship between asset prices and US household wealth, and the effect […]